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387 Oak Street

Laguna Beach, CA 92651
  • $2,695,000
  • STATUS: ACTIVE
  • ON SITE: 14 Days
  • ID#: OC23080909
UPDATED: 40 min ago
$2,695,000
  • 4
    BEDS
  • 0.07
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 1,561
    SQFT
  • $1,726
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1928
County:

School Ratings & Info

Description

Absolutely an exceptional investment/residential opportunity located within 3 blocks to the "sand" and the Pacific Ocean! 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! Absolutely an exceptional investment/residential opportunity located within 3 blocks to the "sand" and the Pacific Ocean! 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!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.lajollaagent.com/homes/139627877
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387 Oak Street Laguna Beach, CA 92651

  • Price: $2,695,000
  • Status: ACTIVE
  • On Site: 14 Days
  • Updated: 40 min ago
  • ID#: OC23080909
4
Beds
4
Baths
0
½ Baths
0.07
Acres
1,561
SQFT
$1,726
$/SQFT
1928
Built
Neighborhood:
The Hip District
County:
Orange
Area:
Oc - Laguna Beach (92651)
Property Description
Absolutely an exceptional investment/residential opportunity located within 3 blocks to the "sand" and the Pacific Ocean! 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! Absolutely an exceptional investment/residential opportunity located within 3 blocks to the "sand" and the Pacific Ocean! 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!
Exterior Features

Entry Level Unit 1 Exterior Stucco Lot Size 1-3999 SF Parking Non Garage Description DrivewayOff StreetParking SpaceSide By Side Parking Spaces Total 2 Patio DeckStone/Tile Pool N/K Residential Styles Detached Residential Unit Location No Common Walls Roof Tile/ClaySpanish Tile Site Corner LotCurbsSidewalks Spa N/K View OceanPeek-A-Boo

Interior Features

Bath Totals 4 Bedrooms Total 4 Cooling N/K Equipment Available RefrigeratorGas OvenGas StoveGas Range Fireplace Fp in Living Room Floor Coverings CarpetTileWood Heat Equipment FireplaceSpace Heater Interior Features BalconyCopper Plumbing PartialTile Counters Interior Walls Block/Brick Laundry Utilities GasWasher Hookup Searchable Rooms Bedroom Entry LevelKitchenGalley Kitchen Stories 2 Story Water Heater Type Gas

Property Features

Accessibility Features None Architectural Style Mediterranean/Spanish Assessments N/K Cfd Mello Roos Fee 20.0 Cfd Mello Roos Fee Reflects Year Home Owners Fees 0.0 Miscellaneous Storm DrainsSuburban Monthly Total Fees 1 Sales Restrictions Standard Security Security LightsCarbon Monoxide DetectorsFire/Smoke Detection Sys Sewer Septic Public Sewer Terms CashConventionalExchangeCash To New Loan Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Public

San Diego MLS logo Listing provided courtesy of Bob Wolff of Harcourts Prime Properties: . Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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