Laguna Beach, CA 92651,231 Cajon ST
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Laguna Beach, CA 92651,231 Cajon ST
Laguna Beach, CA 92651,231 Cajon ST
Laguna Beach, CA 92651,231 Cajon ST
Laguna Beach, CA 92651,231 Cajon ST

$5,600,000

Est. payment /mo

$5,995,000

6.6%
Est.Price: ?

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231 Cajon ST Laguna Beach, CA 92651

8,999 Sqft Lot

SOLD DATE : 12/18/2024

Key Details

Sold Price $5,600,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID LG24207003

Sold Date 12/18/24

HOA Y/N No

Year Built 1936

Lot Size 8,999 Sqft

Property Description

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.

Location

State CA

County Orange

Area Nl - North Laguna

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Gravel

Pool None

Community Features Hiking

Total Parking Spaces 2

Private Pool No

Building

Story 2

Entry Level Multi/Split

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 05312409

Acceptable Financing Conventional

Listing Terms Conventional

Financing Seller Financing,Trade

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Tyler Alter • Berkshire Hathaway HomeServices California Properties • 949-371-3085
Bought with Brian Johnson • Coldwell Banker Realty

Julian Park

Broker, Loan Officer | License ID: 02018567

+1(818) 390-3265

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