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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$3,895,000

Est. payment - /mo

4,373 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision South Laguna Village (Slv)

MLS Listing ID OC26021009

HOA Y/N No

Year Built 1962

Lot Size 4,373 Sqft

Property Sub-Type Duplex

Property Description

This exceptional ocean-view property presents a compelling coastal investment opportunity with multiple income streams and long-term value. Positioned to capture sweeping Pacific views, the main residence offers 3 bedrooms and 3 bathrooms with soaring ceilings, open-concept living and kitchen spaces, a wrap-around deck, and three fireplaces-features that consistently attract high-end tenants and vacation renters. Ocean views from both the living room enhance rental appeal, while abundant natural light and seas breezes create a desirable indoor-outdoor living experience. Recent upgrades support low-maintenance ownership and strong tenant retention, including quartz kitchen countertops, updated bathrooms with modern coastal finishes, and durable materials well-suited for beach living. Extensive storage adds functionality rarely found in coastal properties, featuring a walk-in pantry, cedar-lined closets, a dedicated laundry room, a storage garage large enough for a golf cart, and additional secured storage. Adding significant value, the property includes a separate living quarters with two bedrooms and one and a half bathrooms-ideal for generating supplemental rental income, accommodating extended stays, or offering flexible leasing options. This private space features its own garden raised deck and pergola, enhancing tenant privacy and marketability. An oversized lot with parking for up to seven vehicles provides a major competitive advantage in a high-demand beach location, increasing rental flexibility and overall property value. With ocean views, multiple living spaces, and rare parking capacity, this property stands out as a high-performing asset for investors seeking both immediate income potential and long-term coastal appreciation.

Location

State CA

County Orange

Area Sl - South Laguna

Interior

Interior Features Ceiling Fan(s), Living Room Deck Attached, Multiple Staircases, Open Floorplan, Pantry, Quartz Counters, Storage, Bedroom on Main Level, Galley Kitchen, Jack and Jill Bath, Multiple Primary Suites, Primary Suite

Heating Forced Air

Cooling None

Flooring Tile, Vinyl

Fireplaces Type Bonus Room, Family Room, Living Room

Fireplace Yes

Appliance Dishwasher, Freezer, Gas Range, Microwave, Range Hood, Dryer, Washer

Laundry Laundry Room

Exterior

Parking Features Attached Carport, Assigned, Asphalt, Converted Garage, Covered, Driveway, Golf Cart Garage, Tandem, Uncovered

Carport Spaces 2

Fence Block, Wood

Pool None

Community Features Hiking, Suburban

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Connected

Waterfront Description Beach Access,Ocean Access,Ocean Side Of Freeway

View Y/N Yes

View Catalina, Ocean, Panoramic, Water

Roof Type Flat

Accessibility Safe Emergency Egress from Home, Parking

Total Parking Spaces 7

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 05614562

Security Features Carbon Monoxide Detector(s),Smoke Detector(s),Security Lights

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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Listed by Kristina Heimstaedt Coldwell Banker Realty 949-514-5245, DRE #01950536

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31913 9th Laguna Beach, CA 92651