Sold for $5,600,000 on 12/18/24
Listing Provided by:
Tyler Alter DRE #02126524 949-371-3085,
Berkshire Hathaway HomeServices California Properties,
Mark Christy DRE #00776546 949-499-5900,
Berkshire Hathaway HomeServices California Properties
Bought with: Coldwell Banker Realty
$5,600,000
231 Cajon St, Laguna Beach, CA 92651
7beds
7baths
2,638sqft
Mixed Use
Built in 1936
-- sqft lot
$5,759,200 Zestimate®
$2,123/sqft
$4,861 Estimated rent
Owner options
What's special
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.
Zillow last checked: 8 hours ago
Listing updated: December 19, 2024 at 10:28am
Listing Provided by:
Tyler Alter DRE #02126524 949-371-3085,
Berkshire Hathaway HomeServices California Properties,
Mark Christy DRE #00776546 949-499-5900,
Berkshire Hathaway HomeServices California Properties
Bought with:
Brian Johnson, DRE #00787688
Coldwell Banker Realty
Source: CRMLS,MLS#: LG24207003
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,638
- Total interior livable area: 2,638 sqft
Property
Parking
- Total spaces: 2
- Parking features: Gravel
- Uncovered spaces: 2
Features
- Levels: Multi/Split
- Entry location: Multiple Detached Units
- Pool features: None
Lot
- Size: 8,999 sqft
Details
- Parcel number: 05312409
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Condition
- New construction: No
- Year built: 1936
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Hiking
Location
- Region: Laguna Beach
HOA & financial
Other financial information
- Total actual rent: 6350
Other
Other facts
- Listing terms: Conventional
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Estimated market value
$5,759,200