$2,380,000
$2,595,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,742 SqFt
SOLD DATE : 02/21/2024
Key Details
Sold Price $2,380,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,742 sqft
Price per Sqft $1,366
Subdivision North Laguna (Nl)
MLS Listing ID LG23134926
Sold Date 02/21/24
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1952
Lot Size 4,499 Sqft
Property Description
Rarely does an opportunity become available to purchase a corner lot on an upper street in desirable North Laguna. With panoramic views of Catalina in front of you, and gorgeous coastline from Main Beach down to the Dana Point Headlands, this single-level duplex boasts an attached two car garage, private front yard, mature fruit trees, oversized basement storage and separate laundry room. As currently configured, each unit has 2 bedrooms and 1 bathroom, but the possibilities are endless and sure to increase its value in short order. Rent both. Live in one, rent the other. Connect inside to live as a single residence, perhaps modifying to create one larger home and a connected studio. Consider building a second story, doubling the living space and adding panoramic views. This unique property has all the best ingredients for investing in the magic of the Laguna Beach real estate market with significant upside and appreciation potential. And you can count on the first rule of real estate: Location, Location, Location. Walk to Crescent Beach, Divers Cove, Heisler Park, renowned art galleries, museum, restaurants, shopping, plus Laguna's famed hiking and biking trails right outside your front door.
Location
State CA
County Orange
Area Nl - North Laguna
Rooms
Basement Unfinished
Main Level Bedrooms 4
Interior
Interior Features Separate/Formal Dining Room, Storage, Tile Counters, Unfurnished
Heating Wall Furnace
Cooling None
Flooring Carpet, Vinyl
Fireplaces Type None
Fireplace No
Appliance Gas Range, Dryer, Washer
Laundry Common Area
Exterior
Garage Garage
Garage Spaces 2.0
Garage Description 2.0
Fence Chain Link
Pool None
Community Features Foothills, Hiking, Park
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Catalina, City Lights, Hills, Ocean
Roof Type Shingle
Accessibility None
Porch Rear Porch, Patio, Porch
Attached Garage Yes
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre, Corner Lot, Front Yard, Garden
Story 2
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Mid-Century Modern
Level or Stories Two
New Construction No
Schools
Elementary Schools Elmorro
Middle Schools Thurston
High Schools Laguna Beach
School District Laguna Beach Unified
Others
Senior Community No
Tax ID 05312426
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Melissa Wiesen • eXp Realty of California Inc
"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