1337 Gaviota Dr Active Save Request In-Person Tour Request Virtual Tour
Laguna Beach,CA 92651
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25247805
Style Custom
Year Built 1972
Lot Size 10,454 Sqft
Property Sub-Type Fourplex
Property Description
"Where Vision Meets the View" | Laguna Beach Oceanfront Investment Compound (Ideal for 1031 Exchange | Multi-Family | Development Opportunity) Some assets redefine what's possible. This one does both delivering immediate income, long-term upside, and irreplaceable oceanfront frontage in the heart of Laguna's 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 Pr
Location
State CA
County Orange
Area Lv - Laguna Village
Rooms
Kitchen Dishwasher,Freezer,Garbage Disposal,Hood Over Range,Other,Oven Range - Gas,Oven Range - Built-In,Refrigerator
Interior
Heating Forced Air
Cooling Window / Wall Unit
Laundry In Laundry Room,Other
Exterior
Parking Features Carport ,Private / Exclusive,Garage,Common Parking Area,Gate / Door Opener,Golf Cart,Other,Side By Side
Garage Spaces 7.0
Pool Pool - In Ground,Pool - Yes
View Ocean,Other,Panoramic,Water,City Lights
Roof Type Flat / Low Pitch
Building
Lot Description Grade - Level
Foundation Unreinforced Masonry,Combination,Concrete Slab
Water District - Public
Others
Special Listing Condition Not Applicable