Laguna Beach, CA 92651 709 Gaviota Drive
$4,199,000
Pending
10 more
Presented By: Spencer Wall with Pacific Sotheby’s International Realty; 949-375-7768
SQFT • 2,370
Garage • 1
Home Details
4-PLEX investment property in a prime Laguna Beach location. Positioned in the heart of town, on the ocean side of Coast Highway, just one row from the Oceanfront. Coastline and Ocean Views in both directions....sand, white water, Catalina island and city lights. This property is mostly surrounded by high value SFRs. The floor plan configuration includes three one bedroom apartments and one studio unit. Zoned R3, if desired, the upper unit could be converted to one, top level owner's unit or two bedroom apartment. All systems are functional. Recent structural steel foundation upgrade and new roof. Cosmetic improvements and surface upgrades would take this property to a new level. For 60 years, this property has been diligently maintained by the same family and now presents an opportunity for a new owner to develop and maximize it's value. Schedule a tour today. 24 hour notice required.
Presented By: Spencer Wall with Pacific Sotheby’s International Realty; 949-375-7768
Interior Features for 709 Gaviota Drive
Other Interior Features
Air Conditioning Y/NNo
Common WallsNo Common Walls
Fireplace FeaturesLiving Room
Fireplace Y/NYes
Heating Y/NYes
Interior AmenitiesMultiple Staircases, Pantry
Laundry FeaturesIn Garage
Total Stories2
Other Rooms
Entry Level1
General for 709 Gaviota Drive
AccessibilitySafe Emergency Egress from Home, Parking, Accessible Doors
Additional Parcels Y/NNo
Architectural StyleTraditional
Building Area UnitsSquare Feet
CityLaguna Beach
Community FeaturesGutter(s)
Construction MaterialsAsphalt, Stucco
CoolingNone
CountyOrange
Current FinancingNone
DirectionsTurn towards the Ocean at Cleo St, then left on Gaviota
Electric Expense400
Entry LocationStreet
Fuel Expense120
Garage Spaces1.5
Garage Y/NYes
Gross Income
HOANo
HOA Fee$
HeatingCombination
Insurance Expense600
Land Lease Y/NNo
LevelsTwo
Listing TermsCash to New Loan
Lot Size Square Feet3049
Lot Size UnitsSquare Feet
MLS AreaLV - Laguna Village
Net Operating Income1490
New ConstructionNo
Number Of Units Total4
Number of Units Leased2
Open Parking Spaces1
Operating Expense1490
Pool FeaturesNone
PossessionClose Plus 3 Days
PostalCityLAGUNA BEACH
Property Attached Y/NNo
Property ConditionRepairs Cosmetic
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NNo
Security FeaturesSmoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories Count2
Subdivision NameThe Village (VIL)
Tax Lot22
Trash Expense0
UtilitiesElectricity Connected, Water Connected
ViewCatalina, City Lights, Ocean, Water
Water Sewer Expense100
Waterfront FeaturesOcean Access, Ocean Side Of Freeway, Ocean Side Of Highway
Year Built1922
Year Built SourceAssessor
Exterior for 709 Gaviota Drive
Building Area Total2370
Exterior AmenitiesAwning(s), Rain Gutters
FencingWood
Foundation DetailsSlab
Lot FeaturesItem01UnitAcre
Lot Size Acres0.07
Lot Size Area3049
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters0
Number of Separate Gas Meters0
Number of Separate Water Meters0
Parking FeaturesDriveway, Garage Faces Rear
Private PoolNo
Road Frontage TypeCity Street
Road Surface TypePaved
SpaNo
Total Parking2.5
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Limor Zamir
Realtor®