Property Details
About this Property
An extraordinary location will almost always come with higher property values, higher appreciation rates and a better quality of life. This 4-PLEX investment opportunity is in the ideal Laguna Beach location. Primely positioned in the heart of town (Walkscore 94) on the ocean side of Coast Highway, one row from the Oceanfront. Endless views of the coastline in both directions....sand, white water, Catalina island and city lights. This property is surrounded mostly by updated and high value SFRs. The floor plan configuration includes three one bedroom apartments and one studio unit. Zoned R3, if desired, the upper unit could be converted to one, top level owner's unit or two bedroom apartment. For 60 years, this property has been diligently maintained by the same family and now presents a rare opportunity for a new owner. All systems are functional. Recent structural steel foundation upgrade and new roof. Cosmetic improvements and surface upgrades would take this property to a whole new level. Rents are all currently under market value. Schedule a tour today. 24 hour notice required.
MLS Listing Information
MLS #
CRLG24171221
MLS Source
California Regional MLS
Days on Site
96
Interior Features
Kitchen
Pantry
Cooling
None
Heating
Multi Type
Exterior Features
Foundation
Slab
Pool
None
Style
Traditional
Parking, School, and Other Information
Garage/Parking
Garage, Other, Garage: Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 2 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
709 Gaviota Dr is a Residential Income in Laguna Beach, CA 92651. This – square foot property sits on a 3,049 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,245,000 and was built in 1922. This address can also be written as 709 Gaviota Dr, Laguna Beach, CA 92651.
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This listing information is up-to-date as of November 18, 2024. For the most current information, please contact Spencer Wall, (949) 375-7768
