222 Arch St, Laguna Beach, CA 92651

Property Description

222 Arch Street is a 13-unit multifamily investment property located in Laguna Beach, one of the premiere coastal housing markets nationwide. Built in 1971 and renovated in 2016-2017, 222 Arch Street offers investors the opportunity to capitalize on strong market trends, capture a prosperous tenant base and exceptional renovations that should increase rental income by approximately 13 percent. This offering represents a rare opportunity to add value to an already highly finished property in a market where similar opportunities are made available only once or twice per year. 
 Situated on a 0.29-acre lot, the 12,307 square foot property consists of two-bedroom and three-bedroom floor plans offering unparalleled ocean views. The Property offers an attractive range of in-unit upgrades such as new quartz countertops, crisp white cabinetry, and stainless GE appliances. Common area amenities include private garage parking, drought tolerant landscaping and a charming courtyard with outdoor seating.