$4,245,000
For Sale

709 Gaviota Drive

Laguna Beach, CA 92651
2370 sqft | 4 beds | 3.75 baths | 0.07 acres | #LG24171403
Listing OfficePacific Sotheby’s International Realty
Browse 16 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

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.

  • Interior Details
      • InteriorMultipleStaircases, Pantry
    • Beds & Baths
      • Bathrooms3.75
      • Bedrooms4
      • Full Baths3
      • 3/4 Baths1
  • Property Details
      • ViewCatalina, CityLights, Ocean, Water
      • Exterior MaterialsAwnings, RainGutters
      • Lot DescriptionZeroToOneUnitAcre
      • Stories2
    • Measurements
      • Acres0.07
      • Square Feet2370
    • Parking
      • Parking Spaces1.5
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1922
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesElectricityConnected, WaterConnected
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionThe Village (VIL)
    • Location
      • School DistrictLaguna Beach Unified
      • CountyOrange
  • Financial Details
      • Original List Price$4,350,000
  • Other
      • MLS #LG24171403

Location

Marylin PaulReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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