Laguna Beach, CA 92651,387 Oak ST
Laguna Beach, CA 92651,387 Oak ST
Laguna Beach, CA 92651,387 Oak ST
Laguna Beach, CA 92651,387 Oak ST
Laguna Beach, CA 92651,387 Oak ST
Laguna Beach, CA 92651,387 Oak ST
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$2,250,000

$2,295,000

2.0%
Est.Price: ?

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Est. payment /mo

3,001 Sqft Lot


SOLD DATE : 11/28/2023

Key Details

Sold Price $2,250,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Subdivision The Village (Vil)

MLS Listing ID OC23086632

Sold Date 11/28/23

HOA Y/N No

Year Built 1928

Lot Size 3,001 Sqft

Property Description

Absolutely an exceptional investment/residential opportunity located within 3 blocks to the "sand" and the Pacific Ocean! Significantly under-rented in this location!! ALL tenancies ‘month to month’. This Laguna Village residence located within the heart of the "HIP" District, "Historic and Interesting Places"... this 7 block stretch along the Pacific Coast Hwy boasts 24 restaurants, 40 boutique shops as well as 20 art galleries and 5 hotels!! This single family residence currently contains 2 additional "legal, non-conforming" use rental properties that are currently occupied. Situated at approximately the corners of Oak St and Glenneyre, this 1560sqft home affords itself to numerous possibilities for its future use...This property resides on a 3000sqft corner lot which is walking distance to 4 of the top 10 surfing beaches in Laguna Beach and is currently listed on the Historic Property register in the city of Laguna Beach and may be subject to the benefits of the Mills Act for taxation purposes. A property like this rarely comes on the market every 50 years and is an outstanding opportunity for future renovation, remodeling and restoration. This corner lot configuration also offers a 2 car driveway, an enclosed yard area as well as a balcony located off a second floor living unit. Physical floor plan includes a main residence with hardwood floors, fire place, 2 bedrooms/ 2 baths as well as 2 additional studio units containing kitchens, bath, sleeping area and private access. This is absolutely a "lifestyle" property which offers "walkability" to all of the most desirable areas in Laguna Beach! This is truly all about location! Location! Location!

Location

State CA

County Orange

Area Lv - Laguna Village

Interior

Interior Features Balcony, Block Walls, Tile Counters, Bedroom on Main Level, Galley Kitchen

Heating Fireplace(s), Wood, Wall Furnace

Cooling None

Flooring Carpet, Tile, Wood

Fireplaces Type Living Room, Wood Burning

Fireplace Yes

Appliance Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Water Heater

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Exterior Feature Rain Gutters

Parking Features Driveway, Off Street, One Space, Side By Side

Fence Block

Pool None

Community Features Biking, Curbs, Dog Park, Hiking, Park, Storm Drain(s), Street Lights, Suburban, Sidewalks

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Overhead Utilities

Waterfront Description Ocean Side Of Freeway

View Y/N Yes

View Ocean, Peek-A-Boo

Roof Type Spanish Tile,Tile

Accessibility None

Total Parking Spaces 2

Private Pool No

Building

Lot Description Corner Lot, Front Yard, Level, Paved, Rectangular Lot, Zero Lot Line

Story 2

Entry Level Two

Foundation Raised, Slab

Sewer Public Sewer

Water Public

Architectural Style Mediterranean, Spanish

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 64408302

Security Features Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector(s),Security Lights

Energy Description 1080.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Bob Wolff • Harcourts Prime Properties • bob@bobwolff.com
Bought with Yazen Haddad • DirectPads
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