Property listed by Coldwell Banker Realty, Kelly Plamondon 949-482-9316
$3,825,000
Exceptional investment opportunity in highly sought-after North Laguna, just moments from Crescent Bay and Emerald Bay. This beautifully remodeled detached duplex offers panoramic ocean, Catalina, Crescent Bay, and city-light views, with two separately metered residences and three single-car garages. The front 3-bedroom, 3-bathroom unit is currently rented at $7,000 per… Read More month, providing immediate rental income and making this an incredible opportunity for an investor or owner-user looking to live in one unit and rent the other. Both residences have been thoughtfully updated with a coastal modern design, featuring French oak hardwood floors, quartz countertops, Carrera marble backsplashes, stainless steel appliances, central heating and air conditioning, in-unit stackable washers and dryers, and newly installed windows. Recent improvements also include a newer HVAC system with new ductwork, updated plumbing components and fixtures, and upgraded garage door openers and motors for all three garages. One garage is equipped with 240V power to accommodate EV charging. Each residence enjoys stunning ocean views of Crescent Bay and private outdoor space ideal for taking in the coastal setting. Additional lower-level bonus/storage areas offer valuable extra space, and an outdoor shower and newer spa further complement the Southern California beach lifestyle. Ideally located within walking distance to Crescent Bay Beach and park and just minutes from Downtown Laguna Beach's renowned restaurants, galleries, boutiques, and entertainment. A rare opportunity to own a versatile, income-producing coastal property in one of Laguna Beach's most desirable neighborhoods. Read Less
Listing Snapshot
Days Online
1
Last Updated
Property Type
Duplex
Lot Size
0.1 Acres
Year Built
2016
MLS Number
OC26221268
Additional Details
Building
Built in 2016, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: 1, Construction Materials: HardiplankType
Community
Biking, Curbs, Fishing, Sidewalks, WaterSports
Cooling
CentralAir, EnergyStarQualifiedEquipment
Fireplaces
None
Floors
Wood
Garage
3 spaces
Heating
Central, EnergyStarQualifiedEquipment
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $150,000
Interior Features
Balcony, BedroomOnMainLevel
Laundry
Inside, Stacked, UpperLevel
Lot
0.101 acres, ZeroToOneUnitAcre
Parking
3 total parking spaces, DirectAccess, Driveway, ElectricVehicleChargingStations, Garage
Pool
None
Property
UpdatedRemodeled, Turnkey, Catalina, CityLights, Coastline, Neighborhood, Ocean, Water
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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