Laguna Beach, CA 92651 709 Gaviota Drive
$4,199,000
10 more
Presented By: Spencer Wall with Pacific Sotheby’s International Realty; 949-375-7768
- MLS# LG25021496
- 01/29/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 3
Baths • 4
SQFT • 2,370
Garage • 1
Home Details
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.
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
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
Heating Y/NYes
Interior AmenitiesMultipleStaircases, Pantry
Laundry FeaturesInGarage
Total Stories2
Other Rooms
Entry Level1
General for 709 Gaviota Drive
AccessibilitySafeEmergencyEgressFromHome, Parking, AccessibleDoors
Additional Parcels Y/NNo
Architectural StyleTraditional
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLaguna Beach
Community FeaturesGutters
Construction MaterialsAsphalt, Stucco
CoolingNone
CountyOrange
Current FinancingNone
DirectionsTurn towards the Ocean at Cleo St, then left on Gaviota
Electric Expense400.0
Entry LocationStreet
Expected Active Date 2025-01-30
Fuel Expense120.0
Garage Spaces1.5
Garage Y/NYes
Gross Income0.0
HOANo
HOA Fee$0.0
HeatingCombination
Home Warranty Y/NNo
Insurance Expense600.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashToNewLoan
Lot Size Square Feet3049.0
Lot Size UnitsSquareFeet
MLS AreaLV - Laguna Village
MobileHomeRemainsYNNo
Net Operating Income1490.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased2
Open Parking Spaces1.0
Operating Expense1490.0
Pool FeaturesNone
PossessionClosePlus3Days
Property Attached Y/NNo
Property ConditionRepairsCosmetic
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesSmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Subdivision NameThe Village (VIL)
Tax Lot22
Trash Expense0.0
UtilitiesElectricityConnected, WaterConnected
ViewCatalina, CityLights, Ocean, Water
Water Sewer Expense100.0
Waterfront FeaturesOceanAccess, OceanSideOfFreeway, OceanSideOfHighway
Year Built1922
Year Built SourceAssessor
Exterior for 709 Gaviota Drive
Building Area Total2370.0
Crops Included Y/NNo
Exterior AmenitiesAwnings, RainGutters
FencingWood
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.07
Lot Size Area3049.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters0
Number of Separate Gas Meters0
Number of Separate Water Meters0
Parking FeaturesDriveway, GarageFacesRear
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking2.5
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate