Sandcastle is a unique investment opportunity consisting of (11) apartment units and (1) commercial unit walking distance from iconic beaches in Laguna Beach, such as, Crescent Bay, Shaw's Cove and Fisherman's Cove. This marks the first time the property has been offered on the open market. Current ownership has invested over $1,600,000 in capital improvements, including extensive upgrades completed on property systems, interiors and exteriors. The property is located within the Laguna Beach Short Term Lodging Distract, with that a new investor may be able to obtain up to two short-term rental permits.
Listed by Michael O'Neill II
·
License #02036937
·
CB Richard Ellis, Inc.
·
949-809-3615
Last updated October 17, 2025
·
Source: CRMLS #25536285
Listing Facts
TypeMulti-family
NeighborhoodLaguna Cliffs
Bedrooms13
Days on Prevu168
Size8,992 sqft
Price per sqft$1,112
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/17/2025
Status changed to Active
$9,995,000
10/17/2025
Price Decreased
$9,995,000
10/16/2025
Status changed to Removed from Feed
$10,295,000
10/04/2025
Status changed to Active
$10,295,000
10/03/2025
Status changed to Removed from Feed
$10,295,000
09/20/2025
Status changed to Active
$10,295,000
09/19/2025
Status changed to Removed from Feed
$10,295,000
09/18/2025
Status changed to Active
$10,295,000
09/16/2025
Status changed to Removed from Feed
$10,295,000
09/12/2025
Status changed to Active
$10,295,000
09/05/2025
Status changed to Removed from Feed
$10,295,000
09/05/2025
Status changed to Active
$10,295,000
09/03/2025
Status changed to Removed from Feed
$10,295,000
08/20/2025
Status changed to Active
$10,295,000
08/20/2025
Price Decreased
$10,295,000
08/08/2025
Status changed to Withdrawn
$10,745,000
06/28/2025
Status changed to Active
$10,745,000
06/27/2025
Status changed to Removed from Feed
$10,745,000
06/20/2025
Price Decreased
$10,745,000
05/08/2025
Listed by CB Richard Ellis, Inc.
$11,495,000
Property Details for 1105 N Coast Highway
Exterior
Construction
Number Of Units Total: 12
Stories: 2
Stories Total: 3
Year Built: 1969
Measurements
Building Area Total: 8,992
Lot Size Acres: 0.18
Lot Size Area: 7,840
Lot Size Source: Assessor
Lot Size Square Feet: 7,840
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 3.96
Gross Income: $583,976.00
Taxes
Parcel Number: 05315203
Interior
Measurements
Living Area: 8,992
Living Area Source: Assessor
Rooms
Bathrooms Total Integer: 13
Bedrooms Total: 13
Parking
Parking
Parking Features: Covered
Parking Total: 10
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.