Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Gravel

  • Pool

    Yes

  • Pool Features

    None

Area & Lot

  • Lot Size(acres)

    0.2066

  • Property Type

    Residential Income

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $5,995,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Orange

Elementary School

Middle School

High School

Listing Courtesy of Tyler Alter , Berkshire Hathaway HomeServices California Properties

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Introducing a One-of-a-Kind Investment Opportunity in North Laguna Beach

Nestled in the coveted North Laguna Beach, just steps away from Crescent Bay Beach, this fully renovated multi-family property offers the perfect blend of luxury and income potential. Located at 231 Cajon Street, this exceptional property sits on a 9,000 sq. ft. lot and boasts 6 units. The property is made up of  4 detached one-bedroom, one-bathroom units (each 435 sq. ft.) each thoughtfully renovated to maximize their space while maintaining the charm of these classic Laguna cottages. Next there is a well laid out two-bedroom, two-bathroom unit (898 sq. ft.) maximizing livability with a deck with expansive ocean views to match. Then finished in 2022 a 548 sq. ft. ADU (Accessory Dwelling Unit) was added giving even more possibilities for any buyer of this property.



Every detail of this property has been carefully curated with high-end finishes, modern appliances, and abundant natural light. Each unit has been masterfully remodeled in 2023 to exude contemporary elegance while maintaining a comfortable, inviting atmosphere while maintaining the classic feel with thoughtful touches maintaining the history of these units.



Beyond the property’s beauty, its location is truly unbeatable. North Laguna Beach is famous for its stunning beaches, world-renowned art galleries, and vibrant local culture. This property offers the rare opportunity to own a one of a kind investment that is a flagship to any portfolio. Just blocks from the beach, and minutes from all the shopping, dining, and entertainment North Laguna has to offer, the location is as prime as it gets.



Priced at under $6 million, this turn-key gem is ready to generate income from day one. Don’t miss your chance to own a slice of paradise in one of California’s most desirable coastal communities.

231 Cajon Street

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

PRICED TO SELL! PERMITTED VACATION RENTAL TRIPLEX STEPS TO CRESS STREET BEACH WITH INCREDIBLE OCEAN VIEWS, OR AMAZING DEVELOPMENT OPPORTUNITY! Cap rate is 6.47% as-is with room for growth! This is a fully furnished, one-of-a-kind investment property located at one of the most desirable locations in all of Laguna Beach! Presenting the Villas of Laguna Vista. Ideal configuration across 2 individual buildings, on a fully hardscaped 7500sf sf lot, with parking for up to 6 cars. With a 12 year history on AirBNB and VRBO, this property effortlessly fills 65% occupancy each year, and routinely earns $450,000 annually. The potential to see income soar to $525,000+ is certainly within reach, as vacation rental occupancy can routinely reach 75-80% in this highly sought, and world famous travel destination. Few properties can offer options for development, personal use, and high level income, simultaneously. That is correct, this property can be enjoyed by the owner, friends, and family, anytime, year-round, while still earning $450,000 every year! Includes a single family residence style villa, and completely separate duplex style villas, right at the doorstep of Cress Street Beach. The centerpiece of this extraordinary ensemble is the primary villa, a sophisticated single-level residence offering 3 spacious bedrooms and 2.5 opulent baths. This villa includes a private 1-car garage and a gated driveway accommodating up to 3 vehicles. The additional 2 villas are a 3 bedroom and 2 bath, and a 2 bedroom with 1 bath, they share a 2-car garage, accessible from Oceanfront street, ensuring privacy and tranquility to the primary villa. Each villa is fully furnished, exuding luxury and comfort, providing guests with an idyllic beach vacation experience year-round. VRBO and AirBNB Super Host accounts are included with the sale, and each of the 3 short term lodging permits will transfer to the new owner. The permits for this property, do not expire! Or, if you prefer, you may also rent month to month. Endless options await, this is also a builders dream property, that will allow development of up to 6, 1500sf luxury ocean view condos, valued at $16,500,000, or enjoy the current vacation rental income. Each future condo would easily be valued at $2,500,000 - $3,500,000. There are few better investment opportunities anywhere in Southern California. Financing Available.
#OC25233819

Laguna Beach

150 Cress Street

None Beds

None Baths

3,300 Sq.Ft.

$6,994,950

MLS#: OC25233819

The Pearl Laguna is an internationally acclaimed Yoga & Health Retreat nestled in the serene surroundings of LagunaCanyon. Spanning approximately 7,000 square feet on a 0.63-acre lot, this exceptional property features 12 bedrooms and 14 bathrooms, making it an ideal destination for wellness retreats, boutique hospitality, or specialized treatment facilities. Designed for luxury and tranquility, the retreat boasts a state-of-the-art commercial kitchen, a dedicated gym, a saltwater spa, two saunas, and an expansive yoga deck. Its prime location offers immediate access to Downtown Laguna Beach,world-class hiking trails, and renowned cultural attractions such as the Festival of Arts. The property benefits from a Conditional Use Permit (CUP) issued in 2008 for a 12-bed Yoga & Health Retreat, with a prior CUP (expired) in 1991 for a 15-bed residential treatment facility. Whether envisioned as a boutique B&B, a premier wellness destination, or a specializedtreatment center, The Pearl Laguna Beach presents an extraordinary investment opportunity in one of Southern California’s most sought-after locations.
#OC25071849

Laguna Beach

21095 Raquel Road

None Beds

None Baths

7,000 Sq.Ft.

$6,950,000

MLS#: OC25071849

Nestled in one of Laguna Beach’s most sought-after locations, this updated duplex offers the perfect blend of coastal charm and modern feel. The address of unit 2120 includes unit 2110. Each 3-bedroom, 3-bathroom unit has been thoughtfully updated with fresh interior and exterior paint, new landscaping, and private driveways, each featuring a one-car garage, one carport space, and additional driveway parking for two cars. Designed to feel like two separate homes, this side-by-side duplex provides privacy and comfort, with individual entryways and spacious balconies showcasing captivating ocean views. Inside, you’ll find light-filled living spaces, wood-burning fireplaces in both the living rooms and one of the bedrooms, separate kitchens, and dedicated dining areas. Located just moments from Ruby Street Park and the stunning shores of Moss Cove and Woods Cove beaches, this property is a true coastal gem. Enjoy the best of Laguna Beach with easy access to everything that it offers. Whether you’re searching for a dream coastal residence with rental income potential or a prime investment opportunity, this rare duplex is a truly remarkable find in an unbeatable location.
#LG25058153

Laguna Beach

2120 Ocean Way

None Beds

None Baths

3,546 Sq.Ft.

$4,995,000

MLS#: LG25058153

 - property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here