$ 6,500,000
-
$6,500,000
Price -
7
Bed -
7
Bath -
4,539
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing LGTCP - LZOLLMEL
Discover a truly exceptional trophy property, a rare investment opportunity in the heart of North Laguna Beach. Offered for the first time in years, this unique multi-family estate is set on an expansive, park-like lot featuring lush lawns, mature trees, and beautifully landscaped grounds that create a peaceful retreat just moments from the ocean. The property consists of three well-maintained residential buildings: two charming single-level duplexes and a triplex situated above five private garages with convenient rear alley access. The two duplexes each offer spacious one-bedroom bungalow-style residences, while the triplex includes a studio, a generous one-bedroom apartment, and a large two-bedroom, one-bath residence. Each unit has been thoughtfully designed with abundant natural light, large windows, attractive hardwood floors, private outdoor patio space, and either a dedicated garage or reserved off-street parking. Residents also enjoy a shared laundry facility, while the duplex units include their own laundry hookups. With long-term tenants and historically low vacancy, the property has enjoyed consistent demand thanks to its tranquil setting and unbeatable location. Current rental rates are below market, presenting a compelling opportunity for future income growth while maintaining a highly desirable tenant base. Ideally located just two blocks from the iconic Heisler Park, the property is within easy walking distance of Main Beach, renowned art galleries, acclaimed restaurants, boutique shopping, and public transportation. Combining an irreplaceable location, stable income, and significant upside potential, this is a legacy asset rarely available in one of Laguna Beach's most sought-after neighborhoods.
Listing Highlights
Status
Active
Days on Site
4
Property Type
Multi-Family
MLS ®
LG26142870
Year Built
1946
Total Square Footage
4,539
Lot/Acreage
0.28
Interior Details
- Bedrooms: 7
- Bathrooms: 7 Full
- Appliances: Disposal, Gas Range, Refrigerator, Dryer, Washer
- Air Cond:
- Heating: Natural Gas
- Fireplaces: Living Room
- Floor: Carpet,Tile,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 6-10 Units/Acre,No Land Lease
- Garage Capacity: 5 car
- Parking Spaces: 7
- Roof: Composition
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned,Door-Single,Garage,On Site,Private,One Space
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 49609103
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
379 Aster Laguna Beach, CA 92651
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
