Laguna Beach, CA 92651,294 Chiquita Street
Laguna Beach, CA 92651,294 Chiquita Street
Laguna Beach, CA 92651,294 Chiquita Street
$2,380,000
Est. payment /mo
$2,595,000
8.3%
Est.Price: ?

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2 Beds
1 Bath
4,500 Sqft Lot
SOLD DATE : 02/21/2024

Key Details

Sold Price $2,380,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID LG23145868

Sold Date 02/21/24

Bedrooms 2

HOA Y/N No

Lot Size 4,500 Sqft

Property Description

Rarely does an opportunity become available to purchase a corner lot on an upper street in sought-after North Laguna. With panoramic views of Catalina in front of you, and gorgeous coastline from Main Beach down to the Dana Point Headlands, this single-level duplex boasts an attached two car garage, private front yard, mature fruit trees, oversized basement storage and separate laundry room. As currently configured, each unit has 2 bedrooms and 1 bathroom, but the possibilities are endless and sure to increase its value in short order. Rent both. Live in one, rent the other. Connect inside to live as a single residence, perhaps modifying to create one larger home and a connected studio. Consider building a second story, doubling the living space and adding panoramic views. This unique property has all the best ingredients for investing in the magic of the Laguna Beach real estate market with significant upside and appreciation potential. And you can count on the first rule of real estate: Location, Location, Location. Walk to Crescent Beach, Divers Cove, Heisler Park, renowned art galleries, museum, restaurants, shopping, plus Laguna's famed hiking and biking trails right outside your front door.
Rarely does an opportunity become available to purchase a corner lot on an upper street in sought-after North Laguna. With panoramic views of Catalina in front of you, and gorgeous coastline from Main Beach down to the Dana Point Headlands, this single-level duplex boasts an attached two car garage, private front yard, mature fruit trees, oversized basement storage and separate laundry room. As currently configured, each unit has 2 bedrooms and 1 bathroom, but the possibilities are endless and sure to increase its value in short order. Rent both. Live in one, rent the other. Connect inside to live as a single residence, perhaps modifying to create one larger home and a connected studio. Consider building a second story, doubling the living space and adding panoramic views. This unique property has all the best ingredients for investing in the magic of the Laguna Beach real estate market with significant upside and appreciation potential. And you can count on the first rule of real estate: Location, Location, Location. Walk to Crescent Beach, Divers Cove, Heisler Park, renowned art galleries, museum, restaurants, shopping, plus Laguna's famed hiking and biking trails right outside your front door.

Location

State CA

County Orange

Area Oc - Laguna Beach (92651)

Zoning Public Rec

Exterior

Exterior Feature Stucco

Building

Lot Description Corner Lot

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Monthly Total Fees $167

Acceptable Financing Exchange

Listing Terms Exchange

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San Diego Regional MLS (SDMLS)
Listed by Christopher Tebbutt • Compass
Bought with Melissa Wiesen • eXp Realty of California Inc
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