Laguna Beach, CA 92651,1337 Gaviota Dr
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Listed by Nick Brown • Kase Real Estate
$ 17,000,000
Est. payment /mo
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1337 Gaviota Dr Laguna Beach, CA 92651

4,500 SqFt


UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $3,777

MLS Listing ID CROC25247805

HOA Y/N No

Year Built 1972

Lot Size 10,454 Sqft

Property Sub-Type OTHER

Source Datashare California Regional

Property Description

“Where Vision Meets the View” | Laguna Beach Oceanfront Investment Compound (Ideal for 1031 Exchange | Multi-Family | Development Opportunity) Some assets redefine what's possible. This one does both delivering immediate income, long-term upside, and irreplaceable oceanfront frontage in the heart of Laguna's legendary HIP District. Perched above the sand on a rare double blufftop lot exceeding 10,000 sq ft, this property offers 50 ft. of linear ocean frontage and a private staircase directly to Cress Cove putting you front row to one of the most iconic coastlines in the world. The Property -- Detached SFR: 4 Bedrooms + Office | 4 Baths | No shared walls Three Condos: Each 2 Bedrooms | 2 Baths - ideal for luxury leasing or long-term income Bonus Level: Flexible pool house / studio / gym / media retreat with potential to become a 5th legal unit Private Pool Terrace + 4-Car Garage Multiple Addresses + Gated Compound Layout Investment Highlights -- Four existing income producing residences with diverse use potential Bonus space with 5th unit potential adds immediate value add opportunity 1031 exchange ready with strong (income to land) value ratio Redevelopment upside: One of the few oceanfront double lots zoned for multi-family/multi-address use Prime location: Steps to Surf & S

Location

State CA

County Orange

Interior

Heating Forced Air

Cooling Wall/Window Unit(s)

Flooring Tile

Fireplace No

Laundry Laundry Room, Inside

Exterior

View City Lights, Panoramic, Water, Other, Ocean

Handicap Access See Remarks

Building

Lot Description Other


Bay East Association of Realtors
Garrick Yan

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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