379 Aster Laguna Beach, CA 92651
0.28 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision North Laguna (Nl)
MLS Listing ID LG26142870
HOA Y/N No
Year Built 1946
Lot Size 0.280 Acres
Property Sub-Type Mixed Use
Property Description
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 growth while maintaining a highly desirable tenant base.
Ideally located just two blocks from the iconic Heisler Park, the property is within easy walking distance of Main Beach, renowned art galleries, acclaimed restaurants, boutique shopping, and public transportation.
Combining an irreplaceable location, stable income, and significant upside potential, this is a legacy asset rarely available in one of Laguna Beach's most sought-after neighborhoods.
Location
State CA
County Orange
Area Nl - North Laguna
Interior
Heating Natural Gas
Cooling None
Flooring Wood
Fireplaces Type Living Room
Fireplace Yes
Appliance Disposal, Gas Range, Refrigerator, Dryer, Washer
Laundry Common Area, Laundry Room, See Remarks
Exterior
Parking Features Assigned, Door-Single, Garage, On Site, Private, One Space
Garage Spaces 5.0
Garage Description 5.0
Fence Wood
Pool None
Community Features Curbs, Street Lights, Suburban
Utilities Available Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Composition
Accessibility None
Total Parking Spaces 7
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Bungalow
New Construction No
Others
Senior Community No
Tax ID 49609103
Energy Description 700.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Agent | License ID: 01165332/370499
+1(661) 373-6597 | kimthurman365@gmail.com