$ 4,245,000
709 Gaviota Drive Laguna Beach, CA 92651
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Listed by Spencer Wall • Pacific Sotheby’s International Realty
$ 4,245,000
Est. payment | /mo
2,370 SqFt
$ 4,245,000
Est. payment | /mo
2,370 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,370 sqft
Price per Sqft $1,791
MLS Listing ID CRLG24171221
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1922
Lot Size 3,049 Sqft
Property 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.
Location
State CA
County Orange
Interior
Cooling No Air Conditioning
Fireplace No
Laundry In Garage
Exterior
View City Lights, Water, Other, Ocean
Handicap Access Other
Building
Water Public
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227