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Map
$5,400,429*
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Multifamily -
Off Market
231 Cajon Street
Laguna Beach, CA 92651
Studio
0 Bath
$3,596,000 - $4,394,000
Reference Base Price*
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
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 775 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 over $11,500 in monthly income,
all tenants have been long term and are currently on month-to-month
leases.
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1937
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 31, 2023 | Sold to Oshea | $5,265,000 | |
Sold to Oshea | |||
May 3, 2021 | No longer available | - | |
No longer available | |||
Feb 1, 2021 | Relisted | $3,995,000 | |
Relisted | |||
Jan 30, 2021 | No longer available | - | |
No longer available | |||
Sep 18, 2020 | Listed | $3,995,000 | |
Listed | |||
|
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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…
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Property Highlights
Garage
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Multifamily
4
Beds
4
Baths
3,090 ft²
$1,133/ft²
$3,500,000
Oct 10, 2023
-
-
Active
Multifamily
4
Beds
4
Baths
1,762 ft²
$2,043/ft²
$3,600,000
Jan 8, 2024
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/18/2020
|
|
6 Bed
|
5 Bath
|
3000 ft²
|
$3,995,000
6 Bed
5 Bath
3000 ft²
|
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-
|
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Building Info
About North Laguna
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