Laguna Beach, CA 92651

$4,200,000

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List Price
$4,200,000
Status
ACTIVE
MLS#
OC26129315
Year Built
1988
Lot Size
7,405
Acres
0.17
Lot Location
Sloped Down
Days on Market
44
Property Type
Multifamily
Style
Mid-Century Modern, Modern
Property Sub Type
Triplex
Stories
Two Levels
Neighborhood
Woods Cove (Wc)

Property Description

Welcome to Woods Cove Stunning Ocean-View Triplex in Laguna Beach. Use as investment or live in one side and receive income to offset mortgage. Perched in the heart of Laguna Beach on a 7405 sq ft lot, this exceptional modern triplex, designed by renowned architect Morris Skenderian, offers breathtaking ocean views and a prime investment opportunity. Each unit boasts ocean view, dedicated parking, private laundry and a thoughtful design, blending contemporary style with coastal living. Main Unit (2 Bed | 2 Bath) – The largest of the three, this unit features an expansive exterior patio with stunning ocean views, and an open-concept living space with fireplace and cork laminate flooring. Designer features include AGS Marine Grade Stainless Steel Wire Railing, The Shade Store solar blinds and The Sliding Door Company custom sized laundry doors with Electrolux W/D. Includes 1-car garage + 1 tandem parking space. Updated approximately 4 years ago. This unit has air conditioning. Second Unit (2 Bed | 2 Bath) – This unit has a great mid-century charm with white washed wooden panels. This spacious unit offers a large outdoor patio, ample natural light, and a well-appointed interior with fairly new dishwasher. Includes 1-car garage + 1 tandem parking space. Third Unit (1 Bed | 1 Bath) – Fully remodeled this year, this private retreat features a stylish interior, with new LG W/D, new bath, a secluded patio, and a covered parking space with 1 tandem parking space. This meticulously maintained triplex provides an exceptional opportunity for owner-occupants, investors, or 30 day summer vacation rental possibilities in Woods Cove is one of Southern California’s most coveted coastal enclaves. Walk to beach under PCH and enjoy proximity to world-class beaches, dining, and the vibrant Laguna Beach arts scene. Exterior Upgrades: In January 2025. New Roof, New Velux Skylights with blinds, New Chimney Stacks and exhaust either replaced or painted. Exterior Atrium trim wood removed/replaced/painted. Entire Exterior Siding and Fencing Painted. Trees and lower level trimmed and cleaned. Garage door springs replaced and oiled. All units have been repiped and hot water tanks replaced 2018. Submeter in place. Lower lot is planted with fruit trees and can be enjoyed by all tenants. It is nicely manicured and is a great place to escape to relax. All information to be verified and satisfied by buyer prior to purchase.

Additional Information

Appliances
Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Electric Cooktop, Electric Oven, Electric Range, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, High Efficiency Water Heater, Refrigerator, Self Cleaning Oven, Water Heater, Dryer
Pool Description
None
Fireplace Description
Gas, Living Room, Outside
Heat
Central, ENERGY STAR Qualified Equipment, Forced Air, Fireplace(s), Natural Gas
Cooling
Yes
Cooling Description
Central Air
View
Catalina, City Lights, Coastline, Ocean, Trees/Woods
Roof
Asphalt
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
High Ceilings, Bedroom on Main Level, Main Level Primary, Primary Suite
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$135,600

Listing courtesy of Listing Agent: Terry Harden (TerryHarden@gmail.com) from Listing Office: Terry Harden, Broker.

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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.