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709 Gaviota Dr
For Sale $4,245,000 ($1,791.14 per Sq Ft)
$4,245,000 ($1,791.14 per Sq Ft)
- 4 Bedrooms
- 4 Bathrooms
- 2,370 Sq Ft
- 3,049 Sq Ft
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $4,245,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 2,370 |
| Number of Stories | 2 stories |
| Parking Spots | 2 spots |
| Year Built | 1922 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 64402317 |
| MLS # | LG24171403 |
| Property ID | 320776592 |
| Lot Sqft | 3,049 |
| Zoning | Unknown |
| Total Units | 4 |
| Days on Market | 98 |
| Original List Price | $4,350,000 |
| Date Updated | November 18, 2024 |
| Date Created | August 18, 2024 |
Listing Provided By
Spencer Wall an agent of . Lic #01840729
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 18, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT