$12,485,000 - 136 Cliff Drive, Laguna Beach

  • 0Beds
  • Baths
  • 11,588SQ. Feet
  • 0.32Acres

We are delighted to offer a truly iconic piece of Laguna Beach: 136 Cliff Drive & 145 Cedar Way, a 17-unit multifamily property perched upon a hill in the heart of the city. Also known as Twin Palms, the property is situated in one of the best locations within Laguna Beach, just steps to the world famous Main Beach, Pageant of the Masters, the Sawdust Festival, and countless seaside shops, cafes, and nightlife entertainment options. Twin Palms reflects true pride of ownership, and has been lovingly and thoughtfully maintained and upgraded by the same family for almost 60 years. 16 of the 17 units have received varying degrees of renovations in the last decade, some with spec-home-caliber finishes and amenities. The property also boasts a charming courtyard with tiered gardens, as well as two sun decks offering priceless and breathtaking views of the waves and the Village. Seldom do opportunities such as this become available, and it would be a crowning addition to any investor’s portfolio.

Sales Agent

Sam SmithBeach Cities Luxury HomesPhone: 949-606-4114Cell: 949-606-4114Contact Agent Now

Essential Information

  • MLS® #:PW20101787
  • Price:$12,485,000
  • Bathrooms:0.00
  • Square Footage:11,588
  • Acres:0.32
  • Year Built:1956
  • Type:Residential Income
  • Status:Active

Community Information

  • Address:136 Cliff Drive
  • Area:Laguna Village (LV)
  • Subdivision:Main Beach (BCH)
  • City:Laguna Beach
  • County:Orange
  • State:CA
  • Zip Code:92651

Amenities

  • Parking Spaces:14

Exterior

  • Lot Description:16-20 Units/Acre

Additional Information

  • Date Listed:May 28th, 2020
  • Days on Market:39

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Provided By: Damien Breaux(01460301), Morgan Skenderian.

Based on information from California Regional Multiple Listing Service, Inc. as of July 7th, 2020 at 11:26pm CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.