$4,585,000
Beds:
19
Baths:
5
Sqft:
3,960
Sqft lot:
5,998
Acre lot:
0.14
Just Listed -
Property listed by Coldwell Banker Realty, Kenneth Guziak 949-285-0509
Status:
Active
Property Type:
Duplex
Year Built:
1923
Neighborhood:
The Village (vil)
Days On Website:
1
Description
Unique multi-structure residential property in the heart of downtown Laguna Beach, less than 2 blocks from Forest Avenue Promenade, Hotel Laguna and Main Beach (Walkscore 97)! Property includes 4 structures - a larger 2-level main home on 504 Goff Street, PLUS 3 separate income-generating cottages or guest houses on Park Avenue! This is a rare opportunity to live in a sizable ocean-view home in the heart of downtown, and benefit from income from the multiple other units on the property. The main home has 3 bedrooms and 2 bathrooms on the upper level, all recently remodeled, with ocean views from the main living spaces, and a large deck in the rear and a covered patio and yard. At street level is a studio/bedroom with bathroom and kitchenette and a separate entrance, currently detached from the upstairs space. Also at street level are a 2-car garage, plus a second, non-conforming studio/office. As a legal duplex and functional triplex, the two street-level studios are rented separately, although one or both of them could be reconnected to the upstairs living space. The larger structure has a total of about 1903 square feet of living space - upstairs space is approximately 1273, the larger studio about 414, and the smaller non-conforming studio about 216. ---- In addition to the larger home, the property includes THREE separate standalone bungalows at 363, 371 and 379 Park Avenue. These bungalows are some of the original Olympic Cottages, brought to Laguna after the Los Angeles Olympics in the 30s and completely restored with updated kitchens and baths. They are all rented separately. These cottages are not on the historic register, but are on the city Historic Inventory with a rating of E (Exceptional) - meaning that they could be historically registered, and under the Mills Act, might benefit from substantially reduced property taxes. Each of the standalone bungalows is 1 or 2 bedrooms with wood-burning fireplace, private laundry, front porch and private rear deck. Each standalone bungalow is approximately 659, 692 and 706 square feet.
Features
Bathrooms
- 2 main level bathrooms
- 5 full bathrooms
- 5 total bathrooms
Bedrooms
- 3 main level bedrooms
- 19 total bedrooms
Building
- Built in 1923
- Levels: One,Two
- Living area: 3960
- 1 story
- Common walls: NoCommonWalls
Community
- StreetLights
- Sidewalks
- Urban
Cooling
- None
Fireplaces
- LivingRoom
- SeeRemarks
Garage
- 2 spaces
Laundry
- SeeRemarks
Listing
- ListingID: LG24217955
- Standard status: Active
- 1 day on market
Location
- Subdivision name: The Village (VIL)
Lot
- 0.1377 acres
- 5,998 square feet
- Size: 5,998
- CornerLot
- NearPublicTransit
- Walkstreet
- Yard
Parking
- 2 totals parking
Pool
- None
Property
- CityLights
- Hills
- Ocean
Sewer
- PublicSewer
- SewerTapPaid
Property Map
Map View
$4,585,000 - 363 Park Avenue, Laguna Beach, CA 92651
Street View
Directions
363 Park Avenue
Laguna Beach, CA 92651
Subdivision name: The Village (VIL)