Property Map
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