Laguna Beach, CA 92651,709 Gaviota Drive
Laguna Beach, CA 92651,709 Gaviota Drive
Laguna Beach, CA 92651,709 Gaviota Drive
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$4,245,000
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3 BD
2,370 SqFt
Active

709 Gaviota Drive Laguna Beach, CA 92651

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UPDATED:

11/14/2024 09:21 PM

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

Bedrooms 3

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.

Location

State CA

County Orange

Area Listing

Interior

Cooling No Air Conditioning

Fireplace No

Laundry In Garage

Exterior

Exterior Feature Other

View Y/N true

View City Lights, Water, Other, Ocean

Handicap Access Other

Parking Type Other, Garage Faces Rear

Total Parking Spaces 2

Building

New Construction No

Others

Tax ID 64402317


Bridge MLS
Listed by Spencer Wall • Pacific Sotheby’s International Realty

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709 Gaviota Drive