709 Gaviota Drive Active

Laguna Beach,CA 92651

$ 4245000

4 Beds

4 Baths

2370 SqFt


Key Details

Property Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 2,370 sqft

Price per Sqft $1,791

MLS Listing ID LG24171403

Style All Other Attached

Bedrooms 4

Full Baths 4

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1922

Lot Size 3,049 Sqft

Acres 0.07

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.
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 Oc - Laguna Beach (92651)

Interior

Interior Features 2 Staircases,Pantry

Fireplaces Type FP in Living Room

Laundry Garage

Exterior

Exterior Feature Stucco,Asphalt

Garage Spaces 1.0

Fence Wood

Utilities Available Electricity Connected,Water Connected

View Ocean,Water,Catalina,White Water,City Lights

Total Parking Spaces 2

Building

Story 2

Lot Size Range 1-3999 SF

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 2 Story

Construction Status Repairs Cosmetic

Others

Miscellaneous Gutters

Acceptable Financing Cash To New Loan

Listing Terms Cash To New Loan

Special Listing Condition Standard

View More
Favorite Go Tour