$4,725,000
$4,950,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
2,594 SqFt
SOLD DATE : 04/21/2023
Key Details
Sold Price $4,725,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,594 sqft
Price per Sqft $1,821
Subdivision Victoria Beach (Vb)
MLS Listing ID LG22257718
Sold Date 04/21/23
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1925
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Panoramic Coastline Views from this ideally situated (just 5 houses from the sand!) income-generating property in Victoria Beach. With generous ocean view decks and lush garden patios on each level, this stunning beach charmer is a short stroll from The Montage Resort and steps to shops and restaurants in the Laguna Village area. Beach Access is easy - down a gentle ramp to the sand and just around the corner from the iconic Victoria Tower. The Top "Penthouse" unit has a brand new gourmet kitchen, two bedroom suites, a large living room with a cozy fireplace, and high-beamed ceilings. The expansive deck/patio with outdoor dining and Living areas has spectacular ocean views of the Coastline to Catalina Island. The second level has a two-bedroom unit with a generous wrap-around deck on two levels with ocean views, alfresco dining, and living/entertaining areas. A charming one-bedroom main-level apartment and studio are surrounded by beautiful gardens and each have their own private patio areas. The entire property is gated and landscaped with lush tropical gardens, back and side yard areas, and mature trees. Ample parking with a 2 Car Garage, a Carport, and two additional spaces. Rare opportunity to live and derive (verifiable) lucrative income on the ocean side of Coast Hwy in beautiful Victoria Beach! The local Laguna Beach Free Trolley stop is conveniently located just around the corner along with Drake's Jazz Lounge and Fine Dining. Dizz's Restaurant, Ruby's, Starfish and 5-Star dining at The Montage as well as Gelson's and the Treasure Island marketplace - are all steps away.
Location
State CA
County Orange
Area Lv - Laguna Village
Rooms
Ensuite Laundry Common Area, Laundry Room, Stacked
Interior
Interior Features Beamed Ceilings, Built-in Features, Balcony, Ceiling Fan(s), Furnished, Granite Counters, Open Floorplan, Solid Surface Counters, Bedroom on Main Level, Main Level Primary, Primary Suite
Laundry Location Common Area,Laundry Room,Stacked
Heating Fireplace(s), Space Heater
Cooling Wall/Window Unit(s)
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Freezer, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Dryer, Washer
Laundry Common Area, Laundry Room, Stacked
Exterior
Garage Covered, Carport, Garage Faces Front, Garage
Garage Spaces 2.0
Carport Spaces 1
Garage Description 2.0
Fence Wood
Pool None
Community Features Dog Park, Golf, Street Lights, Water Sports, Gated
Waterfront Description Beach Access,Ocean Access,Ocean Side Of Freeway,Ocean Side Of Highway
View Y/N Yes
View Catalina, City Lights, Coastline, Ocean, Panoramic, Water
Roof Type Composition,Spanish Tile
Parking Type Covered, Carport, Garage Faces Front, Garage
Total Parking Spaces 5
Private Pool No
Building
Lot Description Back Yard, Lawn, Yard
Faces North
Story 3
Entry Level Three Or More
Sewer Public Sewer, Sewer Tap Paid
Water Public
Architectural Style Cape Cod, Cottage
Level or Stories Three Or More
New Construction No
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 65616102
Security Features Gated Community
Energy Description 660.0
Acceptable Financing Cash to New Loan, 1031 Exchange, Submit
Listing Terms Cash to New Loan, 1031 Exchange, Submit
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Pat Swanson • Pat Swanson
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner