15
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$4,199,000
Est. payment /mo
Price Dropped by $46K
709 Gaviota DR Laguna Beach, CA 92651
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRLG25021496
Style Traditional
Originating Board California Regional MLS
Year Built 1922
Lot Size 3,049 Sqft
Property Sub-Type Fourplex
Property Description
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
Rooms
Kitchen Pantry
Interior
Heating Multi Type
Cooling None
Laundry In Garage
Exterior
Parking Features Garage, Other
Pool 31, None
View Ocean, Other, Water, City Lights
Building
Foundation Concrete Slab
Water District - Public
Architectural Style Traditional
Others
Tax ID 64402317
Special Listing Condition Not Applicable
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Listed by Spencer Wall • Pacific Sotheby's International Realty