$3,995,000 - 231 Cajon Street, Laguna Beach

  • 0Beds
  • Baths
  • 0SQ. Feet
  • 0.21Acres

Your own private compound located just 2 blocks from the beach in prestigious North Laguna! Four cottages plus a carriage house (5 units total), and a 4-car garage, on 2 legal lots totaling 9,000 square feet. The 4 stand-alone bungalows are independent, each with about 470 square feet including one bedroom, a full bath, vaulted beamed ceilings, wood floors, fireplace and a full kitchen. In addition, there is a 2-bedroom carriage house above the garage featuring ocean views and a large deck. Altogether this property comprises 6 bedrooms, 5 bathrooms, 5 full kitchens, 5 living rooms, 4 fireplaces, the 4-car garage, a laundry room and a workshop. There is additional parking in the driveway and off the alley in the back. The lot is street-to-alley, and would support either one or two single family homes, or up to 5 multi-family units as it is currently configured. Live in one unit and collect income from the others, or connect them, or use them as detached studios, offices or guest rooms. Garage access could be easily moved to the alley, enabling the open space of the lot to be fully utilized: there is plenty of room for a spa, fire pit, bocce court... The possibilities are endless! All this just moments from Crescent Bay and Shaws Cove, plus all the shops and restaurants of North Laguna! The property currently generates over $11,500 in monthly income, all tenants have been long term and are currently on month-to-month leases.

Sales Agent

Sam SmithLaguna Beach Realtors ®Phone: 949-355-1622Cell: 949-355-1622Contact Agent Now

Essential Information

  • MLS® #:LG20196986
  • Price:$3,995,000
  • Bathrooms:0.00
  • Acres:0.21
  • Year Built:1936
  • Type:Residential Income
  • Sub-Type:Single Family Residence
  • Status:Active

Community Information

  • Address:231 Cajon Street
  • Area:NL - North Laguna
  • Subdivision:North Laguna (NL)
  • City:Laguna Beach
  • County:Orange
  • State:CA
  • Zip Code:92651

Amenities

  • Parking Spaces:4
  • Parking:Garage, RV Access/Parking
  • # of Garages:4
  • Garages:Garage, RV Access/Parking
  • View:City Lights, Hills, Ocean
  • Pool:None

Interior

  • Interior:Wood
  • Interior Features:Beamed Ceilings, High Ceilings, Utility Room, Workshop
  • Cooling:None
  • Fireplace:Yes
  • Fireplaces:See Remarks, Wood Burning
  • # of Stories:2
  • Stories:One, Two

Exterior

  • Exterior:Wood Siding
  • Lot Description:Back Yard, Front Yard, Near Park, Near Public Transit, Rectangular Lot, Yard
  • Roof:Composition
  • Construction:Wood Siding

Additional Information

  • Date Listed:September 20th, 2020
  • Days on Market:135
  • HOA Fees:0.00
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Provided By: Mark Miller, Re/Max One.

Based on information from California Regional Multiple Listing Service, Inc. as of April 19th, 2021 at 9:03am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.