Description
Unique investment property in the heart of downtown laguna beach, just 2 blocks from forest avenue promenade, hotel laguna and main beach (walkscore 97). property includes a legal duplex at 502/504 goff street -- plus 3 standalone bungalows at 363, 371 and 379 park avenue. duplex has a larger ocean view apartment upstairs, a legal studio underneath -- and also a currently non-conforming 2nd studio underneath. plans have been submitted to expand the non-conforming studio as a 1-bedroom, legal auxiliary dwelling unit (adu), bringing the total unit count on property to 6. this plan includes expanding the neighboring legal studio into a 1-bedroom unit with higher rent potential. new owner may complete the adu approval and finish it out as desired. the 3 bungalows are among the original "olympic cottages," brought to laguna after the la olympics in the 30s and completely restored with updated kitchens and baths. the upstairs 3-bedroom apartment at 502 goff is approximately 1153 square feet and has a large private deck in the rear and ocean views from the front. each of the standalone bungalows is 1 or 2 bedrooms with wood-burning fireplace, private laundry, front porch and private rear deck. in addition to architectural plans for the adu apartment and lot partitioning, owner has modernized the electrical systems for all the units.
Property Type
Residential IncomeSubdivision
FallbrookCounty
OrangeStyle
Residential IncomeAD ID
46483219
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer,Sewer Tap Paid
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Exterior Features
Building Information
- Year Built: 1923
- Building Area Total: 4,261
Pool Features
- None
Laundry Features
- Inside
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1417
- Lot Size Source: Assessor
- Lot Size Square Feet: 6174
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Listing Information
Listing Price Information
- Original List Price: 4,585,000
- Listing Contract Date: 2024-07-25
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 64401101
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: LV - Laguna Village
- Postal Code Plus 4: 2334
- Directions: PCH to Laguna Avenue (Park Avenue) - 2 blocks east to corner at Goff Street
- Source Property Type: Residential Income
- Area: LV - Laguna Village
- Property SubType: Mixed Use
Building and Construction
- Property Age: 101
- Common Walls: No Common Walls
- Structure Type: Mixed Use
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: street/upstairs
- Levels or Stories: One
- Building Total Stories: 1
Statistics Bottom Ads 2
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BuyOwner last updated this listing 09/16/2024 @ 15:41
- MLS: LG24154092
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 4,261 sqft, 6,174 sized lot, and 0 parking. A comparable Other, 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 Other , it is in the FALLBROOK Subdivision, are nearby neighborhoods.