400 & 404 Loma Terrace is an 8-unit multifamily investment property located in Laguna Beach, one of the premier coastal housing markets in Southern California. As 400 & 404 Loma Terrace are located on two, adjacent parcels, the property can be purchased with long-term residential financing. The unique 9,460 square foot property consists of spacious two- and three-bedroom units with large private balconies and expansive ocean views. 400 & 404 Loma Terrace is situated in downtown Laguna Beach, which is home to a plethora of cultural, recreational, and culinary attractions. Tenants are within walking distance to world famous Main Beach and the annual Festival of Arts and Pageant of the Masters art exhibition as well as the numerous restaurants that line Pacific Coast Highway.