1234 Gaviota

    Laguna Beach, CA 92651
    • $6,200,000
    • STATUS: Active
    • ON SITE: 216 days
    • ID#: OC18082998
    UPDATED: 45 min ago
    $6,200,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,809
      SQFT
    • $2,207
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    First time on the market in 42 years. This property is known as Blue Agave. a legal Laguna Beach short term vacation rental. Yes the city license will transfer with the property to the new owner according to the city. It is a classic California beach house located on the ocean side of the Pacific Coast Highway, between Brooks & Cress St. The properties height, profile & footprint could not be built today given current restrictions. Blue Agave is one of the last prime locations in the neighborhood and shares the neighborhood with Surf & Sand Resort, and dozens of other cafes, restaurants, galleries, shops and breathtaking vistas. The upper, 2 bd, 2 ba unit boasts 180 degree unobstructed panoramic coastline, white water, and Catalina Island views and includes a wrap around deck. The open floor plan has a classic Laguna Beach living room paneled in individual, hand cut cedar boards. A spacious galley kitchen, remodeled in early 2016. The lower unit offers 3 bd & 3 ba, all ensuite. . The living room is spacious with remarkable ocean views. The European-style galley kitchen features gas, birch cabinetry and butcher block accents. Double French doors from the kitchen lead onto a large covered, private dining deck as well as a bricked garden patio. The 3rd bd also opens out via double French doors onto patio area. Property has a large 3 car garage and 4 additional parking stalls, a rare find in Laguna Beach. This is your perfect beach getaway or income producing beach duplex.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T08:28:14.43. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/82508297

    1234 Gaviota Laguna Beach, CA 92651

    • Price: $6,200,000
    • Status: Active
    • Updated: 45 min ago
    • ID#: OC18082998
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    2,809
    SQFT
    $2,207
    $/SQFT
    1963
    Built
    Neighborhood:
    The Village (Vil)
    County:
    Orange
    Area:
    LV - Laguna Village
    Property Description
    First time on the market in 42 years. This property is known as Blue Agave. a legal Laguna Beach short term vacation rental. Yes the city license will transfer with the property to the new owner according to the city. It is a classic California beach house located on the ocean side of the Pacific Coast Highway, between Brooks & Cress St. The properties height, profile & footprint could not be built today given current restrictions. Blue Agave is one of the last prime locations in the neighborhood and shares the neighborhood with Surf & Sand Resort, and dozens of other cafes, restaurants, galleries, shops and breathtaking vistas. The upper, 2 bd, 2 ba unit boasts 180 degree unobstructed panoramic coastline, white water, and Catalina Island views and includes a wrap around deck. The open floor plan has a classic Laguna Beach living room paneled in individual, hand cut cedar boards. A spacious galley kitchen, remodeled in early 2016. The lower unit offers 3 bd & 3 ba, all ensuite. . The living room is spacious with remarkable ocean views. The European-style galley kitchen features gas, birch cabinetry and butcher block accents. Double French doors from the kitchen lead onto a large covered, private dining deck as well as a bricked garden patio. The 3rd bd also opens out via double French doors onto patio area. Property has a large 3 car garage and 4 additional parking stalls, a rare find in Laguna Beach. This is your perfect beach getaway or income producing beach duplex.
    Exterior Features

    Entry Level 1 Entry Location 1 Garage Spaces 3.00 Lot Features Patio Home Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage Parking Total 7.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No View CatalinaCity LightsCoastlineOceanPanoramicWaterWhite Water View YN Yes Waterfront Features Beach AccessOcean AccessOcean Side Of FreewayOcean Side Of Highway 1

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling See Remarks Cooling YN Yes Fireplace Features See Remarks Fireplace YN Yes Interior Features BalconyLiving Room BalconyLiving Room Deck AttachedOpen Floor Plan Laundry Features Individual Room Levels Two Room Type KitchenLaundryLiving RoomMain Floor BedroomMain Floor Master BedroomMaster BedroomOfficeTwo Masters

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsSidewalksStorm Drains Country Us Electric Expense 500.00 Elevation Units Feet Fuel Expense 300.00 Gross Income 378000.00 Gross Operating Income 343200.00 Gross Scheduled Income 378000.00 Insurance Expense 680.00 Land Lease YN No Laundry YN Yes Net Operating Income 272420.00 New Construction YN No New Taxes Expense 68200.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 1 Operating Expense 70800.00 Operating Expense Percent 21.00 Property Condition TurnkeyUpdated/Remodeled Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other The Village (Vil) Total Expenses 70780.00 Trash Expense 300.00 Vacancy Allowance 34800 Vacancy Allowance Rate 10.00 Water Sewer Expense 500.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Daniel Scodeller of Keller Williams Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T08:28:14.43. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Fred Sed Realty - Keller Williams
    4010 Barranca Pkwy Suite 100
    Irvine CA, 92604