683 Sleepy Hollow ln, Laguna Beach, CA 92651
Active
$19,500,000
8 Units
14 Beds
13 Baths
10,000 Area(sq.ft.)
Lot: 11,002 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 3 | 1 | 1 | No | $ 16,400 | $ 49,201 | $ 52,213 |
| Unit 2 | 4 | 2 | 2 | No | $ 21,086 | $ 84,345 | $ 89,507 |
| Unit 3 | 1 | 3 | 2 | No | $ 30,458 | $ 30,458 | $ 32,322 |
| 8 | 14 | 13 | $ 164,002 | $ 515,441 | $ 546,989 |
| MLS #: | 25544623 |
| Days On Market: | 251 |
| Listing Date: | May 28, 2025 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,950 |
| Price per unit: | $ 2,437,500 |
| Year Built: | 1959 |
Property Details
SHORT-TERM RENTAL PROPERTY. Located on the sand in Laguna Beach with direct beach access, Sunset Cove Villas is an 8-unit multifamily investment opportunity. The property has 8 short-term rental permits with a unit mix range of one-, two-, and three-bedroom floorplans. All units include private outdoor space, entertainment system, fireplace, new vinyl window & sliders, canned lighting, forced heat & A/C, upgraded gourmet kitchen, upgraded bathrooms and ocean views.Interested in this Listing?
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Income Details
| Vacancy Rate: | 3% |
| Gross Operating Income: | $ 1,968,058 |
| Total Annual Expense: | $ 920,874 |
| Net Operating Income: | $ 1,047,184 |
| Gross Annual Income: | $ 1,968,058 |
| Cap Rate: | 5.37% |
| Gross Rent Multiplier: | 9.91 |
Structure
| Type of Units: | Apartments |
| Buildings: | 3 |
| Levels: | Three Or More |
Land & Parking
| Parking Garage: | Garage |
Interior
| AC/Cooling: | None |
| Equipment: | None |
| Heating: | None |
Exterior
Detailed Map
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Income
