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$3,395,000
Est. payment /mo
5 Beds
4 Baths
4,356 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision North Laguna (Nl)
MLS Listing ID LG26011430
Bedrooms 5
Lot Size 4,356 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Anchored by a classic Laguna ocean view cottage, the triplex at 252 and 254 Chiquita Street offers a rare blend of views, beach and village proximity, wonderful outdoor space, and a special dash of appealing charm. The unit mix is superb - the two bedroom front vintage cottage with coastal views, a spacious two bedroom rear upper with panoramic ocean and prized Catalina Island views, and a one bedroom rear lower unit with incredible rentability. The configuration provides flexibility for an owner-user, a vacation home with passive income, and even delivers abetter-than-most Laguna Beach cap rate for an investor. Two alley garages, an alley parking apron, and an off-street parking pad in the front provide the critical parking usually lacking in beach-close properties. Recent improvements by the current owner have improved amenities and rentability. 252 Chiquita is a special offering in a prized Laguna Beach locale!
Location
State CA
County Orange
Zoning Assessor
Direction Off PCH, property is on left side.
Interior
Heating Forced Air Unit
Cooling Heat Pump(s)
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 05312420
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Michael Johnson Compass
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Nicole Hazelton-Meacham
Broker Associate | License ID: 01819363
Broker Associate License ID: 01819363
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