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.
4,539 Sq Ft
0.28 Private Acres Lot Size
investment
Built in 1946
MLS/Listing ID LG26142870
7 Units
Community - Curbs
Community - Street Lights
Community - Suburban
Style - Bungalow
Disposal
Dryer
Gas Range
Refrigerator
Washer
Neighborhood View
Parking - Assigned
Parking - Door Single
Parking - Garage
Parking - On Site
Parking - One Space
Parking - Private
Common Area
Laundry Room
Composition
Public Sewer
Public Water
Wood
Living Room Fireplace
Natural Wood
Tile
Carpet
Raised
Heating - Natural Gas
TOTAL MONTHLY COST
$0
$0
$0