Water Views - Fixer Upper
Address
231 Cajon Street Laguna Beach, CA
Price
$ 3,995,000
Property Attributes
- MLS#LG20196986
- TypeIncome
- CountyORANGE
- CityLaguna Beach
- AreaNorth Laguna
- NeighborhoodNorth Laguna
- Zip92651
- StyleSingle Family Residence
- Price$ 3,995,000
- Bedrooms5
- Full Bathrooms5
- Half Bathrooms0
- Lot Size9,148 SqFt
Listing Provided Courtesy Of:
Mark Miller with Re/Max One.
Data Source:
CRMLS
Property Description
Your own private compound located just 2 blocks from the beach in prestigious North Laguna! Four cottages plus a carriage house (5 units total), and a 4-car garage, on 2 legal lots totaling 9,000 square feet. The 4 stand-alone bungalows are independent, each with about 470 square feet including one bedroom, a full bath, vaulted beamed ceilings, wood floors, fireplace and a full kitchen. In addition, there is a 2-bedroom carriage house above the garage featuring ocean views and a large deck. Altogether this property comprises 6 bedrooms, 5 bathrooms, 5 full kitchens, 5 living rooms, 4 fireplaces, the 4-car garage, a laundry room and a workshop. There is additional parking in the driveway and off the alley in the back. The lot is street-to-alley, and would support either one or two single family homes, or up to 5 multi-family units as it is currently configured. Live in one unit and collect income from the others, or connect them, or use them as detached studios, offices or guest rooms. Garage access could be easily moved to the alley, enabling the open space of the lot to be fully utilized: there is plenty of room for a spa, fire pit, bocce court... The possibilities are endless! All this just moments from Crescent Bay and Shaws Cove, plus all the shops and restaurants of North Laguna! The property currently generates over $11,500 in monthly income, all tenants have been long term and are currently on month-to-month leases.
| Price History | |
|---|---|
| 9/21/2020 | Listed $3,995,000 |
General Features
| Community Features | Curbs, Hiking, Street Lights, Suburban, Sidewalks, Water Sports, Park |
|---|---|
| Construction Materials | Wood Siding |
| Cooling | None |
| Flooring | Wood |
| Garage Spaces | 4 |
| Garage Y/N | Yes |
| Interior Features | Beamed Ceilings, High Ceilings, Utility Room, Workshop |
| Levels | One, Two |
| MLS Area | NL - North Laguna |
| Parking Features | Garage, RV Access/Parking |
| Pool Features | None |
| Property SubType | Single Family Residence |
| Property Type | Residential Income |
| PropertyCondition | Fixer, Updated/Remodeled |
| Roof | Composition |
| Rooms | Workshop, Utility Room |
| Sewer | Public Sewer |
| Subdivision Name | North Laguna (NL) |
| Terms | Cash, Cash to New Loan |
| Total Units | 5 |
| View | City Lights, Hills, Ocean |
| Water Sewer Expense | 892 |
Interior Features
| Common Walls | No Common Walls |
|---|---|
| Fireplace Features | See Remarks, Wood Burning |
| Fireplace Y/N | Yes |
| Laundry Features | Laundry Room, Outside |
Exterior Features
| Lot Features | Back Yard, Front Yard, Near Park, Near Public Transit, Rectangular Lot, Yard |
|---|---|
| Lot Size Acres | 0.21 |
| Lot Size Area | 9000 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 9000 |
| Lot Size Units | Square Feet |
| Number of Buildings | 5 |
| Number of Separate Electric Meters | 5 |
| Number of Separate Gas Meters | 5 |
| Number of Separate Water Meters | 1 |
| Total Parking | 4 |
| View Y/N | Yes |
| Water Source | Public |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| Utility Room | ||||
| Workshop |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 92651
Price
Visits
Year Built
Walkscore
Based on information from California Regional Multiple Listing Service, Inc. as of April 20, 2021 5:11 AM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
