1337 Gaviota Dr, Laguna Beach, CA 92651
  • MLS#: OC25247807 ( Multi Family )
  • Street Address: 1337 Gaviota Dr
  • Viewed: 1
  • Price: $17,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1972
  • Bldg sqft: 0
  • Days On Market: 57
  • Additional Information
  • County: ORANGE
  • City: Laguna Beach
  • Zipcode: 92651
  • Provided by: Kase Real Estate
  • Contact: Nick Nick
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Where Vision Meets the View | Laguna Beach Oceanfront Investment Compound (Ideal for 1031 Exchange | Multi Family | Development Opportunity) Some assets redefine whats possible. This one does both delivering immediate income, long term upside, and irreplaceable oceanfront frontage in the heart of Lagunas legendary HIP District. Perched above the sand on a rare double blufftop lot exceeding 10,000 sq ft, this property offers 50 ft. of linear ocean frontage and a private staircase directly to Cress Cove putting you front row to one of the most iconic coastlines in the world. The Property Detached SFR: 4 Bedrooms + Office | 4 Baths | No shared walls Three Condos: Each 2 Bedrooms | 2 Baths ideal for luxury leasing or long term income Bonus Level: Flexible pool house / studio / gym / media retreat with potential to become a 5th legal unit Private Pool Terrace + 4 Car Garage Multiple Addresses + Gated Compound Layout Investment Highlights Four existing income producing residences with diverse use potential Bonus space with 5th unit potential adds immediate value add opportunity 1031 exchange ready with strong (income to land) value ratio Redevelopment upside: One of the few oceanfront double lots zoned for multi family/multi address use Prime location: Steps to Surf & Sand Resort, art galleries, cafs, and the cultural heart of Laguna Village Whether held as a cash flowing investment, repositioned as a boutique oceanfront portfolio, or reimagined as a trophy redevelopment, this property is a once in a generation acquisition for those who understand that true oceanfront land is the rarest asset of all Where vision meets the view and opportunity meets the ocean!
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Features
Building Area Total
  1. 4500.00
Carport Spaces
  1. 1.00
Commoninterest
  1. None
Construction Materials
  1. Concrete
  2. Drywall Walls
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Electric
  1. Standard
Electric Expense
  1. 0.00
Fencing
  1. Security
  2. Wrought Iron
Heating
  1. Forced Air
Insurance Expense
  1. 0.00
Laundry Features
  1. Individual Room
  2. Inside
Netoperatingincome
  1. 0.00
Parcel Number
  1. 64421610
Property Type
  1. Multi Family
Roof
  1. Flat
Security Features
  1. Carbon Monoxide Detector(s)
  2. Security Lights
  3. Security System
  4. Smoke Detector(s)
Totalexpenses
  1. 0.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 2.00
Utilities
  1. Cable Connected
  2. Electricity Connected
  3. Natural Gas Connected
  4. Phone Connected
  5. Sewer Connected
  6. Water Connected
Waterfront Features
  1. Beach Access
  2. Beach Front
  3. Ocean Access
  4. Ocean Front
  5. Ocean Side Of Highway 1
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1972
Year Built Source
  1. Assessor