231 Cajon Street, Laguna Beach

$3,995,000

Click the arrows next to the image to browse our photo gallery for this property.

6 Beds
5 Baths
3,000 Sqft
.21 Acre
4 Garages

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 $11,750 in monthly income, all tenants have been long term and are currently on month-to-month leases.

Essential Information

MLS® #
LG20195255
Price
$3,995,000
Bedrooms
6
Bathrooms
5.00
Full Baths
5
Square Footage
3,000
Acres
0.21
Year Built
1936
Type
Residential
Sub-Type
Single Family
Status
Active

Community Information

Address
231 Cajon Street
Area
North Laguna (NL)
Subdivision
North Laguna (NL)
City
Laguna Beach
County
Orange
State
CA
Zip Code
92651

Amenities

Parking Spaces
4
Parking
Garage, RV Access/Parking
# of Garages
4
Pool
None

View

City Lights View, Hills View, Ocean View

Interior

Cooling
None
Fireplace
Yes
Fireplaces
See Remarks, Wood
# of Stories
2
Stories
One Level, Two

Interior Features

Beamed Ceilings, High Ceilings (9 Feet+)

Exterior

Exterior
Wood
Roof
Composition
Construction
Wood

Lot Description

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

School Information

District
Laguna Beach Unified
Elementary
ELMOR

Additional Information

Date Listed
September 18th, 2020
Days on Market
161
HOA Fees
0.00

Listing Details

Agent
Mark Miller(01248234)
Office
Re/Max One

LISTING MAP

Get directions to this property:

Based on information from California Regional Multiple Listing Service, Inc. as of March 1st, 2021 at 8:42pm PST. 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.