Thank you
Tim Smith
Coldwell Banker Realty
949-644-1600
Situated in the picturesque heart of The Village in Laguna Beach is a lucrative, turnkey investment opportunity: a triplex bathed in coastal charm and superbly located. The property is spread across four stories, including the garage and boasts excellent walkability near high-end dining, boutique shopping, five-star resorts, and top-rated schools, creating an oasis of comfort, style, and convenience. Each of the three units has a unique allure, characterized by significant outdoor square footage, beamed ceilings and hardwood floors. The units' kitchens, each adorned with stainless steel appliances, add a touch of modern elegance and functionality. Nestled on the lowest level, Unit A offers a two-bedroom, one-bathroom layout. Serenity defines this space, from its peaceful bedrooms to its outdoor deck that provides city light and neighborhood views—an ideal spot to unwind or entertain. Unit B, located on the middle level, unfolds as a flexible studio with one bathroom and an outdoor patio, a canvas for creative personalization. It can serve as a home office, an artist's studio, or a guest suite; the potential is unlimited. Ascending to the upper unit, you'll find Unit C, mirroring Unit A with two tranquil bedrooms and one full bathroom. With its extraordinary income-earning potential, all three units can be fully leased for consistent earnings, or partially occupied with the remaining units rented out. Completing the residence is a rare four-car attached garage with storage cabinets plus 2 uncovered spaces. Bridging the unique charm of Laguna Beach living with a compelling investment opportunity, this coastal triplex is an incredible find.
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Total Bedrooms : 4
Total Baths: 4
Full Baths: 4
Water Source : Public
Sewer : Public Sewer
Interior Features: Beamed Ceilings,Furnished,Recessed Lighting
Property Appliances: Dishwasher,Freezer,Gas Cooktop,Refrigerator,Range Hood
Fireplace: None
Flooring: Wood
Central Air,Wall/Window Unit(s)
Air Conditioning
Forced Air
Has Heating
Fireplace Features: None
Has Fireplace: 0
Year Built: 1946
None
Inside,Stacked
Deck,Patio
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.06
Lot Size Source: Assessor
Lot Size Square Feet: 2614
Original List Price: 3,995,000
Listing Contract Date: 2023-12-07
Listing Agreement: Exclusive Right To Sell
Parcel Number: 64126506
Garage Description: Garage Faces Front,Garage
Attached Garage: Yes
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: LV - Laguna Village
Postal Code Plus 4: 2383
Directions: Cross Streets: Glenneyre and 2nd
Source Property Type: Residential
Area: LV - Laguna Village
Property SubType: Triplex
Property Age: 78
Common Walls: No Common Walls
Structure Type: Triplex
Year Built Source: See Remarks
Total Square Feet Living: 2000
Entry Level: 2
Entry Location: 2
Levels or Stories: Three Or More,Multi/Split
Structure Type: Triplex
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
67 Emerald Bay, Laguna Beach, CA,92651 | $10,500,000 | -- | -- | -- | 6534 Sqft |
810 Santa Ana St, Laguna Beach, CA,92651 | $599,000 | -- | -- | -- | 9300 Sqft |
11 Montage Way, Laguna Beach, CA,92651 | $37,700,000 | 5 | 6 | 9,305 | 14749 Sqft |
826 Diamond Street, Laguna Beach, CA,92651 | $649,000 | -- | -- | -- | 4792 Sqft |
22172 Rico Road, Laguna Beach, CA,92651 | $12,000,000 | 4 | 3 | 3,700 | 8375 Sqft |
1340 Moorea Way, Laguna Beach, CA,92651 | $3,995,000 | -- | -- | -- | 34404 Sqft |
2800 Ocean Front, Laguna Beach, CA,92651 | $14,995,000 | 8 | 8 | 5,112 | 9583 Sqft |
28911 Sommet Du Monde, Laguna Beach, CA,92651 | $8,995,000 | 4 | 3 | 3,855 | 11674 Sqft |
1021 Gaviota Drive, Laguna Beach, CA,92651 | $8,000 | 2 | 1 | 900 | 4356 Sqft |
708 Cliff Drive, Laguna Beach, CA,92651 | $6,500 | 2 | 1 | 1,152 | -- |
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ByOwner last updated this listing 04/29/2024 @ 03:21
MLS: NP23225178
LISTED BY: Tim Smith, Coldwell Banker Realty
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.