264 266 San Joaquin, Laguna Beach, CA 92651

$3,995,000
5
BD
5
BA
2,300
SqFt

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List Price
$3,995,000
Status
ACTIVE
Days on Market
33
MLS#
OC26153673
Subtype
Residential
Year Built
2016
Bedrooms
5
Bathrooms
5
Full Baths
5
Living Area
2,300
Lot Size
4,400
Acres
0.10
Subdivision
North Laguna (Nl)
Neighborhood
North Laguna (Nl)
MLS Area Major
North Laguna (NL)

Property Description

Exceptional investment opportunity in highly sought-after North Laguna, just moments from Crescent Bay and Emerald Bay. This beautifully remodeled detached duplex offers panoramic ocean, Catalina, Crescent Bay, and city-light views, with two separately metered residences and three single-car garages. The front 3-bedroom, 3-bathroom unit is currently rented at $7,000 per month, providing immediate rental income and making this an incredible opportunity for an investor or owner-user looking to live in one unit and rent the other. Both residences have been thoughtfully updated with a coastal modern design, featuring French oak hardwood floors, quartz countertops, Carrera marble backsplashes, stainless steel appliances, central heating and air conditioning, in-unit stackable washers and dryers, and newly installed windows. Recent improvements also include a newer HVAC system with new ductwork, updated plumbing components and fixtures, and upgraded garage door openers and motors for all three garages. One garage is equipped with 240V power to accommodate EV charging. Each residence enjoys stunning ocean views of Crescent Bay and private outdoor space ideal for taking in the coastal setting. Additional lower-level bonus/storage areas offer valuable extra space, and an outdoor shower and newer spa further complement the Southern California beach lifestyle. Ideally located within walking distance to Crescent Bay Beach and park and just minutes from Downtown Laguna Beach's renowned restaurants, galleries, boutiques, and entertainment. A rare opportunity to own a versatile, income-producing coastal property in one of Laguna Beach's most desirable neighborhoods.

Additional Information

Interior Features
Balcony, Separate/Formal Dining Room
Flooring
Wood
Appliances
Dishwasher, Disposal
Heating
Central, ENERGY STAR Qualified Equipment, High Efficiency
Air Conditioning
Yes
Stories
Two Levels
Levels
Two
Pool Type
None
Parking Features
Concrete, Garage
Garage Spaces
3
School District
Laguna Beach Unified
Elementary School
El Morro
Middle School
Thurston
High School
Laguna Beach
View
Catalina, City Lights, Neighborhood, Ocean

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kelly Plamondon (kellylplamondon@gmail.com) from Listing Office: Coldwell Banker Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.