231 Cajon StreetLaguna Beach, CA 92651

Description

RARELY AVAILABLE, ONE-OF-A-KIND TROPHY PROPERTY. COMPLETELY FUNCTIONALLY AND AESTHETICALLY RENOVATED COTTAGES FURNISHED BY TUVALU HOME, SITTING ON A DOUBLE LOT JUST STEPS FROM TWO OF LAGUNA’S MOST SCENIC AND ICONIC COVES. Fully renovated 6-unit property in highly sought-after North Laguna Beach ideally located within blocks of beautiful Crescent Bay and Shaw’s Cove beaches. Every last detail of this property has been meticulously designed and updated with luxurious finishes and incomparable attention to detail. A generational family compound or an investment opportunity with substantial, market-proven income, this double lot property offers a rare chance to own a piece of paradise just a stone's throw away from the sparkling Pacific Ocean. Come and see for yourself why this property is a must-see gem in Laguna Beach. This stunning trophy property comprises 6 units (231-241 Cajon), including four 1-bedroom, 1-bath freestanding “jewel box” open beam historic cottages with fireplaces (@ 435 sq ft each) and one 2-bedroom, 2-bath unit (@ 898 sq ft) with private deck and will include a new ADU (@ 548 sq ft ADU). The property sits on a rare and large double lot of @ 9,000 sq ft perfectly arranged surrounding a central courtyard featuring a fire pit and farmhouse “community” table perched beneath a heavy timber pergola perfect for coastal indoor-outdoor living. North Laguna Beach is known for its picturesque beaches, renowned art galleries, and vibrant culture. This area is a popular destination for both tourists and locals, making it an ideal location for a rental property or compound. Just a short walk to the beach, and close to all the shopping, dining, and entertainment that North Laguna has to offer. This property in one of a kind in its design and is ready to generate income from day one. Priced at just under $6 million, this property will not last long. Don't miss your chance to own a piece of paradise.