709 Gaviota Drive new Save Request In-Person Tour Request Virtual Tour
Laguna Beach,CA 92651
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,370 sqft
Price per Sqft $1,791
Subdivision The Villages (The Villas) - 188306
MLS Listing ID LG-24171403
Style Traditional
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
Interior
Interior Features 2 Staircases,Pantry
Heating Combination
Cooling None
Fireplaces Type Living Room
Laundry In Garage
Exterior
Exterior Feature Awning(s),Rain Gutters
Garage Driveway
Garage Spaces 1.5
Pool None
Community Features Gutters
Utilities Available Water Connected,Electricity Connected
Waterfront true
View Y/N Yes
View Catalina,City Lights,Ocean,Water,White Water
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer