709 Gaviota Drive, Laguna Beach, CA 92651
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Listed Price :
$4,245,000
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Beds :
4
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Baths :
4
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Property Size :
2,370 sqft
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Year Built :
1922
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.
Interior Features
Laundry Information |
Location(s) |
In Garage |
Bedroom Information |
Bedrooms |
4 |
Bathroom Information |
Bathrooms |
4 |
Interior Information |
Features |
Multiple Staircases, Pantry |
Cooling Type |
None |
Heating Type |
Combination |
Listing Information
Address |
709 Gaviota Drive |
City |
Laguna Beach |
State |
CA |
Zip |
92651 |
County |
Orange |
Listing Agent |
Spencer Wall DRE #01840729 |
Courtesy Of |
Pacific Sotheby’s International Realty |
List Price |
$4,245,000 |
Status |
Active |
Type |
Residential |
Subtype |
Quadruplex |
Structure Size |
2,370 |
Lot Size |
3,049 |
Year Built |
1922 |
Listing information courtesy of: Spencer Wall, Pacific Sotheby’s International Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 30th, 2025 at 1:52 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.