2101 Glenneyre St - Apartments FOR SALE


Laguna Beach, CA 92651
$6,295,000 USD
949-500-5099
2101 Glenneyre St, Laguna Beach, CA for Sale
$6,295,000 USD
Apartments - FOR SALE
1/12
null | 3.71% Cap Rate

2101 Glenneyre St
Laguna Beach, CA 92651


HIGHLIGHTS

  • Sweeping Ocean Views from the Majority of Units
  • Chris Abel Designed Complex with 2 Vintage Cottages
  • Approved for the Addition of an ADU
  • Majority of Interiors Renovated
  • Incredible Woods Cove Location - Short Walk to the Beach, Retail Shops, Restaurants, Galleries, Etc.
  • Perfect for Owner User

OVERVIEW

Located in the highly desirable Woods Cove neighborhood of Laguna Beach, this 7-unit apartment complex offers an exceptional coastal living experience just moments from Woods Cove and Diamond Beach, with easy access to swimming, snorkeling, tide pools, and scenic shoreline walks. Positioned on a large 14,480 square foot lot, the 5-unit structure was designed by renowned architect Chris Abel and built in 1972 along side two 1923 single story cottages, blending timeless coastal architecture with modern upgrades. The property features a diverse unit mix of studios, 1, 2, and 3-bedroom residences, with most units highly renovated, offering ocean views, washer/dryer hookups, and private patios or balconies that capture ocean breezes and natural light. Residents enjoy close proximity to Downtown Laguna Beach, boutique shopping, cafés, fine dining, art galleries, entertainment, and the city’s vibrant cultural scene, with convenient access to the Laguna Beach trolley, coastal trails, parks, and Pacific Coast Highway, delivering a rare combination of privacy, walkability, and quintessential Southern California beach lifestyle.

FOR SALE DETAILS

PRICE

$6,295,000 USD

PRICE/SF

$996 USD /SF

# OF UNITS

7

PRICE/UNIT

$899,286

CAP RATE

3.71%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,600 SF

ZONING

-

APN/PARCEL ID

644-283-03

ASK ABOUT THIS PROPERTY

Rick ApplebaumMorgan-Skenderian Investment Real Estate GroupMore Info
949-500-5099

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Rick ApplebaumMorgan-Skenderian Investment Real Estate GroupMore Info
949-500-5099

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.