379 Aster, Laguna Beach, CA 92651

Listed by Melinda Zoller, 949-280-5232 from Melinda Zoller, Broker
(If provided) CoList: from

List Price
$5,100,000
Price Change
▼ $1,400,000 1787713519
MLS#
CRLG26142870
Status
CONTINGENT
Lot Size
12,197
Listing Area
Nl - North Laguna
Year Built
1946

Property Description

Discover a truly exceptional trophy property, a rare investment opportunity in the heart of North Laguna Beach. Offered for the first time in years, this unique multi-family estate is set on an expansive, park-like lot featuring lush lawns, mature trees, and beautifully landscaped grounds that create a peaceful retreat just moments from the ocean. The property consists of three well-maintained residential buildings: two charming single-level duplexes and a triplex situated above five private garages with convenient rear alley access. The two duplexes each offer spacious one-bedroom bungalow-style residences, while the triplex includes a studio, a generous one-bedroom apartment, and a large two-bedroom, one-bath residence. Each unit has been thoughtfully designed with abundant natural light, large windows, attractive hardwood floors, private outdoor patio space, and either a dedicated garage or reserved off-street parking. Residents also enjoy a shared laundry facility, while the duplex units include their own laundry hookups. With long-term tenants and historically low vacancy, the property has enjoyed consistent demand thanks to its tranquil setting and unbeatable location. Current rental rates are below market, presenting a compelling opportunity for future income grow

Additional Information

Cooling System
None
Foundation
Raised
Garage Parking
Assigned Spaces, Private / Exclusive, Garage, Common Parking Area, Parking Area
Heating System
Gas
Laundry Facilities
In Laundry Room, Washer, Washer/Dryer - Leased, Community Facility, Dryer
Lot Size
12,197
Neighborhood
Nl - North Laguna
Pool Description
31, None
Roof
Composition
Style
Bungalow
Unincorporated Yn
Yes
View
Neighborhood View

Mortgage Calculator

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