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231 Cajon Street
Listed by Tyler Alter with Berkshire Hathaway HomeServices California Properties 949-371-3085
$5,600,000

231 Cajon Street

2,638 Sq.Ft. 8,999 Sq.Ft.

Description

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.

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Location

231 Cajon Street, Laguna Beach, CA 92651

Status

Sold
Brian G. Johnson

Brian G. Johnson

TITLE

Real Estate Broker

LICENSE

00787688

Property Amenities

Interior
Laundry room Common Area
Area & Lot
Total area 2,638 Sq.Ft.
Lot Area 8,999 Sq.Ft.
Living area 2,638 Sq.Ft.
MLS® ID LG24207003
Year Built 1936
Type Multi-Family
Status Sold
Exterior
Stories 2
Pool None
Water Source Public
Sewer Public Sewer
Parking Gravel
Finance
Sales Price $5,600,000

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