231 Cajon Street
Laguna Beach, CA 92651
Active Under Contract for $5,995,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 8,999 sqft
| MLS | LG24207003 |
| Year Built | 1936 |
| Property Type | Mixed Use |
| County | Orange |
| Status | Active Under Contract |
| Active Under Contract | $5,995,000 |
| Structure Size | N/A sqft |
| Lot Size | 8,999 sqft |
| Beds | N/A |
| Baths | N/A |
Description
Introducing a One-of-a-Kind Investment Opportunity in North Laguna Beach Nestled in the coveted North Laguna Beach, just steps away from Crescent Bay Beach, this fully renovated multi-family property offers the perfect blend of luxury and income potential. Located at 231 Cajon Street, this exceptional property sits on a 9,000 sq. ft. lot and boasts 6 units. The property is made up of 4 detached one-bedroom, one-bathroom units (each 435 sq. ft.) each thoughtfully renovated to maximize their space while maintaining the charm of these classic Laguna cottages. Next there is a well laid out two-bedroom, two-bathroom unit (898 sq. ft.) maximizing livability with a deck with expansive ocean views to match. Then finished in 2022 a 548 sq. ft. ADU (Accessory Dwelling Unit) was added giving even more possibilities for any buyer of this property. Every detail of this property has been carefully curated with high-end finishes, modern appliances, and abundant natural light. Each unit has been masterfully remodeled in 2023 to exude contemporary elegance while maintaining a comfortable, inviting atmosphere while maintaining the classic feel with thoughtful touches maintaining the history of these units. Beyond the property’s beauty, its location is truly unbeatable. North Laguna Beach is famous for its stunning beaches, world-renowned art galleries, and vibrant local culture. This property offers the rare opportunity to own a one of a kind investment that is a flagship to any portfolio. Just blocks from the beach, and minutes from all the shopping, dining, and entertainment North Laguna has to offer, the location is as prime as it gets. Priced at under $6 million, this turn-key gem is ready to generate income from day one. Don’t miss your chance to own a slice of paradise in one of California’s most desirable coastal communities.
Listing information courtesy of: Tyler Alter, Berkshire Hathaway HomeServices California Properties 949-371-3085. *Based on information from the Association of REALTORS/Multiple Listing as of 11/24/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Nesrin Karam
REALTOR®
Direct: 818.307.1989
Email: Email Me
DRE: 01983539
DRE #01873088
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