Under contract

231 Cajon ST

LAGUNA BEACH CA, 92651

$5,995,000


$2,272.55 per sqft

Under contract

3 Beds

3 Baths

2,638 sqft

Multi-family

Built in 1936

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.

LG24207003MR

MLS ID

October 7, 2024

Listed

November 22, 2024

Updated

Map

231 Cajon ST
LAGUNA BEACH CA, 92651

Interior Features

Total Stories

2


Bedrooms

3


Total Bathrooms

3


Laundry Description

Laundry Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.21 Acres


Sewer

Public Sewer

Other Property Details

Area Name

North Laguna


Days on Market

40


Garage

No


Parking Total

2


View

No


County

Orange


Water Source

Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

11/17/2024

Under contract

10/7/2024

Active

Listed by Tyler Alter with Berkshire Hathaway HomeServices California Propert
Listing Contact: 949-371-3085 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Lucas Schelkens shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/22/2024

Powered byLuxury Presence