Sold

Closed

231 Cajon Street

Laguna Beach CA, 92651

$5,600,000


$2,122.82 per sqft

Sold

Closed

2,638 sqft

Multi-family

Built in 1936

Listed by Tyler Alter with Berkshire Hathaway HomeServices California Properties 949-371-3085

Introducing a One-of-a-Kind Investment Opportunity in North Laguna Beach
Nestled in the coveted North Laguna Beach, just steps away from Crescent Bay Beach, this fully renovated multi-family property offers the perfect blend of luxury and income potential. Located at 231 Cajon Street, this exceptional property sits on a 9,000 sq. ft. lot and boasts 6 units. The property is made up of 4 detached one-bedroom, one-bathroom units (each 435 sq. ft.) each thoughtfully renovated to maximize their space while maintaining the charm of these classic Laguna cottages. Next there is a well laid out two-bedroom, two-bathroom unit (898 sq. ft.) maximizing livability with a deck with expansive ocean views to match. Then finished in 2022 a 548 sq. ft. ADU (Accessory Dwelling Unit) was added giving even more possibilities for any buyer of this property.

Every detail of this property has been carefully curated with high-end finishes, modern appliances, and abundant natural light. Each unit has been masterfully remodeled in 2023 to exude contemporary elegance while maintaining a comfortable, inviting atmosphere while maintaining the classic feel with thoughtful touches maintaining the history of these units.

Beyond the property's beauty, its location is truly unbeatable. North Laguna Beach is famous for its stunning beaches, world-renowned art galleries, and vibrant local culture. This property offers the rare opportunity to own a one of a kind investment that is a flagship to any portfolio. Just blocks from the beach, and minutes from all the shopping, dining, and entertainment North Laguna has to offer, the location is as prime as it gets.

Priced at under $6 million, this turn-key gem is ready to generate income from day one. Don't miss your chance to own a slice of paradise in one of California's most desirable coastal communities.

LG24207003

MLS ID

October 7, 2024

Listed

December 19, 2024

Updated

Map

231 Cajon Street
Laguna Beach CA, 92651

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.21 Acres


Sewer

Public Sewer

Other Property Details

Area Name

NL - North Laguna


Days on Market

39


Garage

No


Parking

Gravel


Parking Total

2


View

No


County

Orange


Water Source

Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

12/19/2024

Sold

$5,600,000

11/17/2024

Under contract

Listing Contact: 949-499-5900 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/19/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/19/2024 at 6:58 PM UTC

 

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