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231 Cajon Street, Laguna Beach, CA

$3,995,000 - $4M Price - 3,000 Sqft - 9,000 Lot Sq. Ft - 32 DOM

Your own private compound located just 2 blocks from the beach in prestigious North Laguna! Four cottages plus a carriage house (5 units total), and a 4-car garage, on 2 legal lots totaling 9,000 square feet. The 4 stand-alone bungalows are independent, each with about 470 square feet including one bedroom, a full bath, vaulted beamed ceilings, wood floors, fireplace and a full kitchen. In addition, there is a 2-bedroom carriage house above the garage featuring ocean views and a large deck. Altogether this property comprises 6 bedrooms, 5 bathrooms, 5 full kitchens, 5 living rooms, 4 fireplaces, the 4-car garage, a laundry room and a workshop. There is additional parking in the driveway and off the alley in the back. The lot is street-to-alley, and would support either one or two single family homes, or up to 5 multi-family units as it is currently configured. Live in one unit and collect income from the others, or connect them, or use them as detached studios, offices or guest rooms. Garage access could be easily moved to the alley, enabling the open space of the lot to be fully utilized: there is plenty of room for a spa, fire pit, bocce court... The possibilities are endless! All this just moments from Crescent Bay and Shaws Cove, plus all the shops and restaurants of North Laguna! The property currently generates over $11,500 in monthly income, all tenants have been long term and are currently on month-to-month leases.

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Essential Information

For 231 Cajon Street, Laguna Beach, CA
  • MLS® # LG20196986
  • Price $3,995,000
  • Bathrooms 0.00
  • Square Footage 3,000
  • Lot Square Footage 9,000
  • Year Built 1936
  • Type Residential Income
  • Status Active

Community Information

For 231 Cajon Street, Laguna Beach, CA

Amenities

For 231 Cajon Street, Laguna Beach, CA
  • Parking Spaces 4
  • # of Garages 4

Interior

For 231 Cajon Street, Laguna Beach, CA
  • Cooling None
  • Fireplace Yes
  • # of Stories 2
  • Stories One Level, Two

Exterior

For 231 Cajon Street, Laguna Beach, CA
  • Roof Composition

Lot Description

For 231 Cajon Street, Laguna Beach, CA

Back Yard, Front Yard, Lot Shape-Rectangular, Lot 6500-9999, Park Nearby, Near Public Transit, Yard

Additional Information

For 231 Cajon Street, Laguna Beach, CA
  • Date Listed September 20th, 2020
  • Days on Market 32

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231 Cajon Street Laguna Beach MLS® #LG20196986

You are viewing the for at 231 Cajon Street with the MLS® LG20196986 on Previewochomes.com. This at 231 Cajon Street, CA . 92651 is located in the North Laguna (NL) subdivision and is currently for featuring 3000 sq.ft. of living space, a 9000 sq.ft. lot and listed for sale at $3,995,000. This for at 231 Cajon Street with the MLS® # LG20196986 has been listed since 2020-09-20.

Please contact us for additional information and assistance.

Based on information from California Regional Multiple Listing Service, Inc. as of October 24th, 2020 at 8:07am PDT. 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.

Property Listed By: Kenneth (chris) Guziak(01487719) of Residential Agent Inc.