379 Aster

laguna beach, CA 92651

$6,500,000

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    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.

    Details

    4,539 Sq Ft

    0.28 Private Acres Lot Size

    investment

    Built in 1946

    MLS/Listing ID LG26142870

    7 Units

    Amenities & Features

    Composition

    Public Sewer

    Public Water

    Wood

    Living Room Fireplace

    Natural Wood

    Tile

    Carpet

    Raised

    Heating - Natural Gas

    Laundry Room

    Common Area

    Parking - Private

    Parking - One Space

    Parking - On Site

    Parking - Garage

    Parking - Door Single

    Parking - Assigned

    Neighborhood View

    Washer

    Refrigerator

    Gas Range

    Dryer

    Disposal

    Style - Bungalow

    Community - Suburban

    Community - Street Lights

    Community - Curbs

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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    Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. 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.