$4,150,000
$4,485,000
7.5%For more information regarding the value of a property, please contact us for a free consultation.
363 Park Avenue Laguna Beach, CA 92651
11 Beds
7 Baths
3,960 SqFt
Key Details
Sold Price $4,150,000
Property Type Condo
Sub Type All Other Attached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,960 sqft
Price per Sqft $1,047
Subdivision The Village (Vil)
MLS Listing ID LG24217955
Sold Date 02/28/25
Bedrooms 11
Full Baths 7
Year Built 1923
Property Sub-Type All Other Attached
Property 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 are TWO studios, each with a bathroom and one with kitchenette, and separate entrances, currently detached from the upstairs space. Also at street level is a 2-car garage. As such, building on Goff currently serves as a triplex, with the 2 street-level studios rented separately, although they are non-conforming - the city considers the building to be single-family. One or both of the studios could be reconnected to the upstairs living space. Plans have been submitted to the city to recognize one as an ADU. This 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 studio about 216. In addition to the 2-car garage, there are 2 off-street private parking spaces. In addition to the larger home. on Goff, the property includes THREE separate standalone bungalows at 363, 371 and 379 Park Ave
Location
State CA
County Orange
Direction PCH to Park Avenue, 1.5 blocks from Main Beach
Interior
Fireplaces Type FP in Living Room, Other/Remarks
Fireplace No
Exterior
Parking Features Garage
Garage Spaces 2.0
View Y/N Yes
Water Access Desc Public
View Mountains/Hills, Ocean, City Lights
Total Parking Spaces 2
Building
Story 2
Sewer Public Sewer, Sewer Paid
Water Public
Level or Stories 2
Others
Senior Community No
Acceptable Financing Cash, Cash To New Loan
Listing Terms Cash, Cash To New Loan
Special Listing Condition Standard
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