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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.
Property Type(s):
Multi Family
| Last Updated | 10/21/2024 | Tract | The Village (VIL) |
|---|---|---|---|
| Year Built | 1946 | Community | Laguna Village |
| Garage Spaces | 4.0 | County | Orange |
SCHOOLS
| School District | Laguna Beach Unified |
|---|---|
| Elementary School | El Morro |
| Jr. High School | Thurston |
| High School | Laguna Beach |
Price History
| Prior to Jun 3, '24 | $3,995,000 |
|---|---|
| Jun 3, '24 - Oct 21, '24 | $3,795,000 |
| Oct 21, '24 - Today | $3,695,000 |
Additional Details
| AIR | Central Air, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Freezer, Gas Cooktop, Range Hood, Refrigerator |
| AREA | Laguna Village |
| GARAGE | Garage, Garage Faces Front, Yes |
| HEAT | Forced Air |
| HOA DUES | 0 |
| INTERIOR | Beamed Ceilings, Furnished, Recessed Lighting |
| LOT | 2614 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| PARKING | Garage Faces Front,Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 4 |
| SUBDIVISION | The Village (VIL) |
| UTILITIES | Electric: Standard |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
| WATER | Public |
Location
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Listed with Coldwell Banker Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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