363 Park Avenue, Laguna Beach, CA 92651

$4,585,000 Asking Price

11 beds
7 baths
3,960  sqft
Built in 1923

Unique multi-structure residential property in the heart of downtown Laguna Beach, less than 2 blocks from Forest Avenue Promenade, Hotel Laguna and Main Beach (Walkscore 97)! Property includes 4 structures - a larger 2-level main home on 504 Goff Street, PLUS 3 separate income-generating cottages or guest houses on Park Avenue! This is a rare opportunity to live in a sizable ocean-view home in the heart of downtown, and benefit from income from the multiple other units on the property. The main home has 3 bedrooms and 2 bathrooms on the upper level, all recently remodeled, with ocean views from the main living spaces, and a large deck in the rear and a covered patio and yard. At street level is a studio/bedroom with bathroom and kitchenette and a separate entrance, currently detached from the upstairs space. Also at street level are a 2-car garage, plus a second studio/office with a half bath. The building on Goff currently serves as a functional triplex, with the two street-level studios rented separately, although they are non-conforming per the city. One or both of the studios could be reconnected to the upstairs living space. Plans have been submitted to the city to recognize one as an ADU. This larger structure has a total of about 1903 square feet of living space - upstairs space is approximately 1273, the larger studio about 414, and the smaller studio about 216. In addition to the 2-car garage, there are 2 off-street private parking spaces. In addition to the larger home. on Goff, the property includes THREE separate standalone bungalows at 363, 371 and 379 Park Av

Features & Amenities

Interior

Laundry:
Other/Remarks
A/C:
N/K
Fireplace:
FP in Living Room,Other/Remarks

Exterior

Pool:
None
Parking:
Off Street,Street, Parking spaces: 2

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Orange

Lot

Zoning:
64401101
View:
Mountains/Hills,Ocean,City Lights

Utilities

Water:
Public
Sewer:
Public Sewer,Sewer Paid

Financial

Source:
California Regional MLS

This listing courtesy of:
Coldwell Banker Realty, Kenneth (Chris) Guziak

About Laguna Beach, CA

Housing

Number of Units
13,346
Median Home Value
$1,154,579
Median Rent
$2,022

35.96% of housing units are renter occupied.

16.92% are vacant.

Commute

Car
46.64%
Public Transportation
0.79%
Walk to Work
2.47%
Work from Home
49.25%
Other
0.64%

The median travel time to work is 15 minutes.

People

Population
24,228
Median Age
53.90
Median Household Size
2.47

Education

High School
8.52%
Associate’s Degree
5.97%
Bachelor’s Degree
38.41%
Graduate Degree
30.17%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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