276 Chiquita Street, Laguna Beach, CA 92651

$3,087,000

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Sold Price
$3,087,000
List Price
$3,500,000
Closing Date
Jun 07, 2024
Status
CLOSED
MLS#
OC23183736
Year Built
1926
Lot Size
8,999
Acres
0.21
Lot Location
Landscaped, Level, Rectangular Lot, Value In Land, Yard
Days on Market
213
Property Type
Multifamily
Property Sub Type
Triplex
Stories
Two Levels
Neighborhood
North Laguna (Nl)

Property Description

Calling all Savvy investors, 276 Chiquita St. presents a remarkable opportunity. With its versatile units, ocean views, and prime location, this multiunit property is a promising addition to any real estate portfolio. The highly desirable location ensures a steady stream of potential tenants, making it an attractive investment option. Build new or remodel for your investment, or a fabulous family compound to enjoy the most amazing lifestyle in charming Laguna Beach. Whether you're seeking rental income or a place to call home, this property has it all. This rare find fixer opportunity is located in the heart of North Laguna Beach. This multifamily property offers not just a home but a lifestyle in one of Laguna Beach's most desirable neighborhoods. This property features a double lot, with 180 degree views of the Pacific Ocean. This investment property features three + units, each with its own distinctive layout to cater to various tenant needs. The first unit offers 2 bedrooms and 1 bathroom, providing ample space for a small family or professionals seeking Laguna Beach living. The second and third units present comfortable 1-bedroom, 1-bathroom layouts, ensuring cozy living for tenants. The studio, embodies efficient living with 180 degree ocean views. All units with ocean views. Each unit includes its own kitchen and private areas, promoting independence and convenience. Functional spaces are ideal for individuals seeking a private retreat near the ocean. On hot summer days, the property's pool beckons occupants to cool off while taking in the tranquil seaside ambiance. Beyond the property's boundaries, residents can explore the vibrant Laguna Beach community. From art galleries, upscale dining, and boutique shopping to breathtaking beaches and outdoor activities, Laguna Beach offers a lifestyle that's second to none. Seize this opportunity to own a piece of North Laguna Beach's charm while securing a sound investment for your future.

Additional Information

Other Buildings
Shed(s), Storage
Appliances
Dishwasher, Free-Standing Range, Gas Cooktop, Disposal, Gas Oven, Range Hood
Pool
Yes
Pool Description
In Ground, Private
Fireplace Description
Living Room
Heat
Wall Furnace
Cooling Description
None
View
Catalina, City Lights, Coastline, Courtyard, Ocean, Panoramic, Pool
Sewer
Public Sewer
Water
Public
Interior Features
Beamed Ceilings, Built-in Features, Balcony, Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting, Storage, Tile Counters, Unfurnished, Wood Product Walls, Walk-In Pantry, Walk-In Closet(s)
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$107,760

Listing courtesy of Listing Agent: Cesi Pagano (cesi@cesipagano.com) from Listing Office: Keller Williams Realty.

Listing sold by Kevin Hood from GreenTree Properties

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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.