368 Oak Street, Laguna Beach, CA 92651

$3,200,000
List Price
$3,200,000
Status
ACTIVE UNDER CONTRACT
MLS#
LG24180275
Year Built
1923
Lot Size
4,678
Acres
0.11
Lot Location
Corner Lot
Days on Market
36
Property Type
Multifamily
Property Sub Type
Triplex
Stories
One Level, Two Levels
Neighborhood
The Village (Vil)

Property Description

Introducing a freshly updated and charming triplex on Oak Street, nestled in the highly sought-after Village community. This beautiful property, just a short stroll from the beach, offers ocean views and the vibrant Laguna Beach lifestyle right outside your door. The triplex has undergone significant upgrades, including fresh paint throughout, a brand-new roof, a new foundation on the front house, and updated plumbing, ensuring peace of mind for years to come. Each of the three units in this triplex has been maintained and modernized. The first unit is a spacious 2-bedroom, 1-bathroom house featuring a cozy cottage floor plan, hardwood floors, and a fully remodeled bathroom. It also boasts a private yard, perfect for those who love to cook and entertain. The upper second unit is a 1-bedroom, 1-bathroom space that has been recently updated, including hardwood floors and fresh paint. This unit offers a comfortable living area with high ceilings, abundant natural light, ocean views, and a kitchen. The lower third unit is a charming 1-bedroom, 1-bathroom apartment with a well-equipped kitchen and a cozy living space that opens out to a shared yard with a large deck, ideal for soaking up the sun. The property offers shared laundry facilities and outdoor spaces for all tenants to enjoy and entertain. This triplex on Oak Street in Laguna Beach is a perfect investment opportunity for those looking for a beautiful and spacious property in a highly sought-after location near restaurants, coffee shops and world-class beaches. Whether you're an investor looking for a profitable rental property or a homeowner looking for a multi-generational living space, this triplex is sure to impress.

Additional Information

Appliances
Dryer, Washer
Pool Description
None
Cooling Description
None
View
Ocean
Sewer
Public Sewer
Water
Public
Interior Features
Bedroom on Main Level, Galley Kitchen, Jack and Jill Bath, Main Level Primary
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$117,000
Operating Expense
44500

Listing courtesy of Listing Agent: Richard Dewey (TDEWEY@PACIFICSIR.COM) from Listing Office: Pacific Sotheby’s International Realty.

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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.