231 Cajon Street
Laguna Beach, CA 92651
- – beds
- – baths
- – sqft
- 8,999 sqft lot
- 1936 build
- – on site
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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.
Last checked:
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Last updated Dec 19, 2024
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MLS# LG24207003 —
The Building
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Year Built:1936
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Year Built Source:Estimated
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New Construction:No
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Building Area Total:2638.00
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Building Area Units:Square Feet
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Total Number Of Units:6
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# of Buildings:5
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Stories Total:2
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Entry Level:1
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Common Walls:No Common Walls
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# of Separate Gas Meters:5
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# of Separate Water Meters:2
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# of Separate Electric Meters:5
Interior
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Levels:Multi/Split
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Entry Location:Multiple Detached Units
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Number Wall AC:5
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Laundry:Common Area
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Laundry:1
Location
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Directions:From PCH, Turn onto Cajon St. property is on the right side.
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Latitude:33.54892900
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Longitude:-117.79967800
The Property
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Property Type:Residential Income
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Subtype:Commercial/Residential
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Lot Features:Lot 6500-9999
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Lot Size Area:8999.0000
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Lot Size Acres:0.2066
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Lot Size SqFt:8999.00
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Lot Size Source:Assessor
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:R
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Tax Census Tract:626.56
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Tax Tract:481
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Tax Lot:9
The Listing
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Special Listing Conditions:Standard
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Parcel Number:05312409
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Showings Begin:2024-10-07
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Hiking
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking:Yes
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Parking:Gravel
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Parking Spaces:2.00
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Uncovered Spaces:2.00
Extra Units
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Average 1 Bed Area:435
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Average 2 Bed Area:898
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Number With Refrigerator:5
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/18/24
Dec 18, 2024
|
Sold | CRMLS_CA | $5,600,000 | -6.6% |
|
11/16/24
Nov 16, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $5,995,000 | |
|
10/7/24
Oct 7, 2024
|
Listed / Active | CRMLS_CA | $5,995,000 | 13.9% (12.6% / YR) |
