Description
Introducing a one-of-a-kind investment opportunity in north laguna beach
nestled in the coveted north laguna beach, just steps away from crescent bay beach, this fully renovated multi-family property offers the perfect blend of luxury and income potential. located at 231 cajon street, this exceptional property sits on a 9,000 sq. ft. lot and boasts 6 units. the property is made up of 4 detached one-bedroom, one-bathroom units (each 435 sq. ft.) each thoughtfully renovated to maximize their space while maintaining the charm of these classic laguna cottages. next there is a well laid out two-bedroom, two-bathroom unit (898 sq. ft.) maximizing livability with a deck with expansive ocean views to match. then finished in 2022 a 548 sq. ft. adu (accessory dwelling unit) was added giving even more possibilities for any buyer of this property.
every detail of this property has been carefully curated with high-end finishes, modern appliances, and abundant natural light. each unit has been masterfully remodeled in 2023 to exude contemporary elegance while maintaining a comfortable, inviting atmosphere while maintaining the classic feel with thoughtful touches maintaining the history of these units.
beyond the property’s beauty, its location is truly unbeatable. north laguna beach is famous for its stunning beaches, world-renowned art galleries, and vibrant local culture. this property offers the rare opportunity to own a one of a kind investment that is a flagship to any portfolio. just blocks from the beach, and minutes from all the shopping, dining, and entertainment north laguna has to offer, the location is as prime as it gets.
priced at under $6 million, this turn-key gem is ready to generate income from day one. don’t miss your chance to own a slice of paradise in one of california’s most desirable coastal communities.
Property Type
Residential IncomeCounty
OrangeStyle
Residential IncomeAD ID
47126701
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Building Information
- Year Built: 1936
- Building Area Total: 2,638
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2066
- Lot Size Source: Assessor
- Lot Size Square Feet: 8999
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Listing Information
Listing Price Information
- Original List Price: 5,995,000
- Listing Contract Date: 2024-10-04
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 05312409
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Gravel
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Closed
- Source Neighborhood: NL - North Laguna
- Postal Code Plus 4: 1335
- Directions: From PCH, Turn onto Cajon St. property is on the right side.
- Source Property Type: Residential Income
- Area: NL - North Laguna
- Property SubType: Mixed Use
Building and Construction
- Property Age: 88
- Common Walls: No Common Walls
- Structure Type: Mixed Use
- Year Built Source: Estimated
- Entry Level: 1
- Entry Location: Multiple Detached Units
- Levels or Stories: Multi/Split
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BuyOwner last updated this listing 12/21/2024 @ 22:00
- MLS: LG24207003
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is recently sold, it has 2,638 sqft, 8,999 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Laguna Beach , in zip code 92651, this Orange County Home , it is in the The Coves (CVS) Subdivision, are nearby neighborhoods.