245 Wave Street, Laguna Beach, CA 92651

$6,555,000

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Sold Price
$6,555,000
List Price
$6,795,000
Closing Date
Mar 11, 2025
Status
CLOSED
MLS#
LG24236294
Year Built
2024
Lot Size
7,538
Acres
0.17
Lot Location
Back Yard, Front Yard, Garden, Gentle Sloping, Sprinklers In Front, Level, Near Public Transit, Rectangular Lot, Sprinklers Timer, Sprinklers On Side, Sprinkler System, Street Level
Days on Market
87
Property Type
Multifamily
Style
Contemporary, Custom, See Remarks
Property Sub Type
Triplex
Stories
Two Levels
Neighborhood
North Laguna (Nl)

Property Description

241 - 243- 245 WAVE. LARGE, LUXURY TRIPLEX. FLAWLESS CONTEMPORARY, FULLY REINVISIONED/RENOVATED MASTERPIECE PREMIER NORTH LAGUNA LOCATION, CLOSE TO SHAWS COVER/CRESCENT BAY, BEACHES, PARKS, SHOPS, RESTAURANTS, ETC. 3 LARGE UNITS WITH EXPANSIVE OCEAN VIEWS ON NEARLY DOUBLE LOT, QUIET STREET. ULTIMATE FAMILY COMPOUND OR 3 LUXURY PENTHOUSE-STYLE APARTMENTS ON HUGE LOT WITH MANICURED, IMPECCABLY DESIGNED, FULLY GATED GROUNDS. TWO 3BD/2.5 BA LUXURY UNITS WITH FIREPLACE, ONE 2BD/2.5BATH PENTHOUSE WITH VIEWS. 5 GARAGES PLUS 6 ADD'L OFFSTREET PRIVATE PARKING SPACES. BUILT FOR OWNER'S FAMILY AS A "FOREVER" INVESTMENT, NO EXPENSE WAS SPARED OR DETAIL OVERLOOKED. CUSTOM CABINETRY THROUGHOUT, TAJ MAHAL STONE COUNTERS, CUSTOM BATHS, ALL NEW: ELECTRICAL (INCLUDING NEW UNDERGROUND AND PANEL), PLUMBING (INCLUDING MAIN LINE, PEX), HVAC (INCLUDING CENTRAL AIR IN EACH UNIT), FIRE SPRINKLERS, DECKS, "FLOATING" IRON STAIRWAYS, SMOOTH STUCCO, STONE FIREPLACES, DUCHATEAU WOOD FLOORING, OPEN BEAM CEILINGS, EXPANSIVE "LA CANTINA" WALLS OF GLASS OPEN TO OVERSIZED DECKS, TWO CUSTOM FIREPITS, CUSTOM HARDSCAPE & LANDSCAPE. CODED GATES, 5 GARAGE SPACES FULLY FINISHED INCLUDING EPOXY FLOORING. EV VEHICLE CHARGERS IN EACH GARAGE. TANKLESS WATER HEATERS. EXPANSIVE OCEAN VIEWS. TOTAL PRIVACY AND LARGE LOT WITH BOTH PRIVATE AND COMMUNITY GATHERING SPACES. EACH UNIT COMES WITH IT'S OWN NEW LG WASHTOWER LAUNDRY UNIT. TOO MANY DETAILS TO LIST. INTERIOR FINISHES/TILE/LIGHTING DESIGNED BY TUVALU HOME. EACH UNIT HAS OPEN KITCHEN/GREAT ROOM CONCEPT WITH LARGE CENTRAL ISLAND. EACH UNIT HAS A DESIGNER POWDER ROOM. PRICED BELOW REPLACEMENT COST THE RENOVATION TOUCHED EVERY ELEMENT OF THE STRUCTURE AND PROPERTY AND TOOK 2 YEARS TO COMPLETE. SOFT-WHITE SMOOTH STUCCO WITH BLACK ACCENTS, NEW BLACK STANDING SEAM ROOF. LITERAL PERFECTION AND THE FINEST MULTI-UNIT PROPERTY IN LAGUNA BEACH. ALL UNITS ARE BRAND NEW, NEVER OCCUPIED AND READY FOR A NEW OWNER.

Additional Information

Appliances
Built-In Range, Dishwasher, Gas Cooktop, High Efficiency Water Heater, Range Hood, Tankless Water Heater, Water To Refrigerator, Dryer, Washer
Pool Description
None
Fireplace Description
Living Room
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Catalina, Coastline, Ocean, Panoramic, Water
Exterior Construction
Plaster, Stone, Stucco
Roof
Metal
Garage Spaces Total
5
Sewer
Public Sewer
Water
Public
Interior Features
Beamed Ceilings, Balcony, Cathedral Ceiling(s), Granite Counters, Living Room Deck Attached, Open Floorplan, Pantry, Stone Counters, Wired for Sound
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$312,000
Operating Expense
80000

Listing courtesy of Listing Agent: Mark Christy (mark@hobie.com) from Listing Office: Berkshire Hathaway HomeServices California Properties.

Listing sold by Danielle Purcell from Team Laguna Inc

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.