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231 Cajon Street, Laguna Beach, CA 92651
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231 Cajon Street
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  • MLS#: LG24207003 ( Commercial/Residential )
  • Street Address: 231 Cajon Street
  • Viewed: 2
  • Price: $5,995,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1936
  • Bldg sqft: 0
  • Days On Market: 42
  • Additional Information
  • County: ORANGE
  • City: Laguna Beach
  • Zipcode: 92651
  • Provided by: Berkshire Hathaway HomeServices California Propert
  • Contact: Tyler Tyler
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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, one 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 propertys 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. Dont miss your chance to own a slice of paradise in one of Californias most desirable coastal communities.
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Features
Building Area Total
  1. 2638.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Country
  1. US
Electric Expense
  1. 0.00
Entry Location
  1. Multiple Detached Units
Fuel Expense
  1. 0.00
Garage Rental Rate
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 20000.00
Laundry Equipment Own Lease
  1. Own
Laundry Features
  1. Common Area
Laundry Income
  1. 0.00
Levels
  1. Multi/Split
Lockboxtype
  1. None
Lot Features
  1. Lot 6500-9999
Netoperatingincome
  1. 76200.00
Parcel Number
  1. 05312409
Parking Features
  1. Gravel
Pool Features
  1. None
Postalcodeplus4
  1. 1335
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Commercial/Residential
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 424590234:CRM
Totalactualrent
  1. 6350.00
Totalexpenses
  1. 23600.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 2.00
Virtual Tour Url
  1. https://luxuryhomeimaging.com/3d-model/231-235-237-239-241-cajon-st-laguna-beach/skinned/#start
Water Sewer Expense
  1. 3600.00
Water Source
  1. Public
Year Built
  1. 1936
Year Built Source
  1. Estimated