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! Currently there are six tenants on property – this is a rare income opportunity with great cash flow in the downtown district and potential upside. The single-family home on Goff now serves as a non-conforming triplex, with 2 street-level studios rented separately. One or both of the studios could be reconnected to the upstairs living space to create a larger SFR if desired. The main home has 3 bedrooms and 2 bathrooms on the upper level, all recently remodeled, with ocean views from the main living spaces, 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, detached from the upstairs space. Also at street level is a second studio/office with bathroom. Plus a 2-car garage. Plans have been submitted to the city to recognize one of the studios as an Auxiliary Dwelling Unit (ADU). Altogether the home on Goff has about 1903 square feet of living space – upstairs spac

Features
: Ocean, City Lights, Hills
: Inside
: Back Yard, Other
Address Map
CA
Orange
Laguna Beach
92651
363 Park Avenue
0
E0° 0' 0''
N0° 0' 0''
PCH to Laguna Avenue (Park Aven
MLS Addon
Coldwell Banker Realty
Kenneth Guziak
guziak@gmail.com
CR277596
CR39166
: Public

Commercial Sale For Sale

363 Park Avenue, Laguna Beach, California 92651

4,261 Sqft
$4,585,000
Listing ID #CRLG24154092
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : CRLG24154092
Price : $4,585,000
Square Footage : 4,261 Sqft
Year Built : 1923
Lot Area : 6,174 Sqft
Status : Active
Property SubType : Other
Agent info
Michael Roberts
Contact Agent