About 709 Gaviota Drive
This 4-PLEX investment opportunity is in the ideal Laguna Beach location. Primely positioned in the heart of town (Walkscore 94) on the ocean side of Coast Highway, one row from the Oceanfront. Endless views of the coastline in both directions....sand, white water, Catalina island and city lights. This property is surrounded mostly by updated and high value SFRs. The floor plan configuration includes three one bedroom apartments and one studio unit. Zoned R3, if desired, the upper unit could be converted to one, top level owner's unit or two bedroom apartment. For 60 years, this property has been diligently maintained by the same family and now presents a rare opportunity for a new owner. All systems are functional. Recent structural steel foundation upgrade and new roof. Cosmetic improvements and surface upgrades would take this property to a whole new level. Rents are all currently under market value. Schedule a tour today. 24 hour notice required.
Features of 709 Gaviota Drive
| MLS® # | LG25021476 |
|---|---|
| Price | $4,199,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Full Baths | 3 |
| Square Footage | 2,370 |
| Acres | 0.07 |
| Year Built | 1922 |
| Type | Residential |
| Sub-Type | Quadruplex |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 709 Gaviota Drive |
|---|---|
| Area | LV - Laguna Village |
| Subdivision | The Village (VIL) |
| City | Laguna Beach |
| County | Orange |
| Zip Code | 92651 |
Amenities
| Utilities | Electricity Connected, Water Connected |
|---|---|
| Parking Spaces | 3 |
| Parking | Driveway, Garage Faces Rear |
| # of Garages | 2 |
| Garages | Driveway, Garage Faces Rear |
| View | City Lights, Ocean, Catalina, Water |
| Is Waterfront | No |
| Waterfront | Ocean Access, Ocean Side Of Freeway, Ocean Side Of Highway |
| Has Pool | No |
| Pool | None |
Interior
| Interior Features | Multiple Staircases, Pantry |
|---|---|
| Heating | Combination |
| Cooling | None |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Living Room |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior | Asphalt, Stucco |
|---|---|
| Exterior Features | Rain Gutters, Awning(s) |
| Lot Description | ZeroToOneUnitAcre |
| Construction | Asphalt, Stucco |
| Foundation | Slab |
School Information
| District | Laguna Beach Unified |
|---|
Additional Information
| Date Listed | January 29th, 2025 |
|---|---|
| Days on Market | 54 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Leased Land | Fee |
| Senior Community | No |
Listing Details
| Agent | Spencer Wall |
|---|---|
| Office | Pacific Sotheby’s International Realty |