134 Wave Street, Laguna Beach, CA 92651

$4,200,000

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Sold Price
$4,200,000
List Price
$4,395,000
Closing Date
Mar 07, 2025
Status
CLOSED
MLS#
NP25012996
Year Built
1954
Lot Size
5,663
Acres
0.13
Lot Location
2-5 Units/Acre
Days on Market
9
Property Type
Multifamily
Property Sub Type
Triplex
Stories
Two Levels
Neighborhood
North Laguna (Nl)

Property Description

134/136/138 Wave Street - OCEAN VIEWS - South of Coast Highway on one of the most sought after and picturesque streets in North Laguna! Enjoy a leisurely stroll to the Beach, Heisler Park, Shaw's Cove and Crescent Bay! This triplex has been family-owned for over 50 years and has had minimal updating. It consists of (three) units plus a BONUS! Up front is a two-story duplex with (two) 2-Bedroom/1-bath units--one with an attached garage, and one with an unattached garage. The rear unit consists of (one) 2-bedroom/1-Bath upstairs unit with a garage. Plus a BONUS of an "unpermitted" 1-bedroom/1-bath. This property presents a once-in-a-lifetime North Laguna opportunity for someone who wants to update this triplex for incredible income potential, or make it their vacation home by the sea! Enjoy everything Laguna Beach has to offer--pristine & famed beaches, gourmet dining, art galleries, the Sawdust Festival and Pageant of the Masters!

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling Description
None
View
Catalina, City Lights, Coastline, Neighborhood, Ocean, Panoramic, Water
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Interior Features
Cathedral Ceiling(s), All Bedrooms Up, All Bedrooms Down
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$128,000
Operating Expense
24000

Listing courtesy of Listing Agent: Paula Rayburn (paula.rayburn@pavpro.com) from Listing Office: Pavilion Properties.

Listing sold by William Paine from Volant Realty Partners Inc

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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.