15
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$4,199,000
Est. payment /mo
3 Beds
3,049 Sqft Lot
New
709 Gaviota Drive Laguna Beach, CA 92651
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision The Village (Vil)
MLS Listing ID LG26010605
Bedrooms 3
Lot Size 3,049 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
4-PLEX investment property in a prime Laguna Beach location. Positioned in the heart of town, on the ocean side of Coast Highway, just one row from the Oceanfront. Coastline and Ocean Views in both directions....sand, white water, Catalina island and city lights. This property is mostly surrounded by 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. All systems are functional. Recent structural steel foundation upgrade and new roof. Cosmetic improvements and surface upgrades would take this property to a new level. Rents are all currently under market value. For 60 years, this property has been diligently maintained by the same family and now presents an opportunity for a new owner to develop and maximize it's value. Schedule a tour today. 24 hour notice required.
Location
State CA
County Orange
Zoning Assessor
Direction Turn towards the Ocean at Cleo St, then left on Gaviota
Interior
Heating Combination Heating
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 64402317
Listed by Spencer Wall Pacific Sotheby’s International Realty
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