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$4,245,000
4 Beds
4 Baths
2,370 SqFt
0.07 Acre Lot
3,049 Sqft Lot
Status Active
Property Type Quadruplex
Price Type
Year Built 1922
Neighborhood The Village (vil)
Days on Website 100

Property Map

$4,245,000 – 709 Gaviota Drive, Laguna Beach, CA 92651

Street View

Property listed by Pacific Sotheby’s International Realty, Spencer Wall {attribution_contact}

Description

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.

Property Details and Features

Property Access

  • Road frontage type: CityStreet
  • Road surface type: Paved

Bathrooms

  • 1 three quarter bathroom
  • 2 main level bathrooms
  • 3 full bathrooms
  • 4 total bathrooms

Bedrooms

  • 2 main level bedrooms
  • 4 total bedrooms

Building

  • Built in 1922
  • Levels: Two
  • Living area: 2370
  • 2 stories
  • Architectural style: Traditional
  • Common walls: NoCommonWalls
  • Construction materials: Asphalt,Stucco

Community

  • Gutters

Cooling

  • None

Accessibility Features

  • Accessibility features: SafeEmergencyEgressFromHome,Parking,AccessibleDoors

Exterior Features

  • Awnings
  • RainGutters

Fence

  • Wood

Fireplaces

  • LivingRoom

Garage

  • 1 spaces

Heating

  • Combination

Interior Features

  • MultipleStaircases
  • Pantry

Laundry

  • InGarage

Listing

  • ListingID: LG24171403
  • Standard status: Active
  • 91 days on market

Location

  • Country: US
  • Subdivision name: The Village (VIL)

Lot

  • 0.07 acres
  • 3,049 square feet
  • Size: 3,049
  • ZeroToOneUnitAcre

Parking

  • 1 open parking space
  • 2 totals parking
  • Driveway
  • GarageFacesRear

Pool

  • None

Possession

  • ClosePlus3Days

Property

  • Patio
  • Catalina
  • CityLights
  • Ocean
  • Water
  • OceanAccess
  • OceanSideOfFreeway
  • OceanSideOfHighway

Security Features

  • SmokeDetectors

Sewer

  • PublicSewer

Spa

  • None

Utilities

  • ElectricityConnected
  • WaterConnected

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