709 Gaviota DR Active

Laguna Beach,CA 92651

$ 4245000

4 Beds

4 Baths

2370 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

Subdivision The Village (Vil)

MLS Listing ID LG24171403

Bedrooms 4

Full Baths 3

Three Quarter Bath 1

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

Area Lv - Laguna Village

Interior

Heating Combination

Cooling None

Fireplaces Type Living Room

Laundry In Garage

Exterior

Exterior Feature Awning(s),Rain Gutters

Parking Features Driveway,Garage Faces Rear

Garage Spaces 1.5

Garage Description 1.5

Fence Wood

Pool None

Community Features Gutter(s)

Utilities Available Electricity Connected,Water Connected

Waterfront Description Ocean Access,Ocean Side Of Freeway,Ocean Side Of Highway

View Y/N Yes

View Catalina,City Lights,Ocean,Water

Building

Lot Description 0-1 Unit/Acre

Dwelling Type Quadruplex

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Laguna Beach Unified

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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