525 Park AvenueLaguna Beach, CA 92651
SqFt
2,098
$3,999,999
Description
On the market for the first time in decades, 525 & 533 Park Avenue, 516 Reed is an approximately 2,098 square foot triplex located in the heart of Laguna Village. Just blocks away from conveniences and attractions found along Pacific Coast Highway, this multifamily offering is sited on an approximately 3,920 square foot lot and presents incredible investment potential. With an appealing configuration allowing the occupants of each unit privacy, it offers endless possibilities for an owner-user as well as an investor. Abounding in beachside charm, 525 Park Avenue is comprised of (1) one bedroom plus den/non-conforming bedroom, one bathroom unit as well as (2) 1 bedroom, 1 bathroom units. Featuring elements such as private outdoor spaces, hardwood flooring in the living area, fireplaces, ample eat-in kitchens, three private garages, off-street parking, and built in storage, all units have been well maintained throughout the years. Just blocks away from shopping and dining options as well as the famous beaches the area is known for, with hiking and mountain biking trails just a stone’s throw away.Contact - Listing ID LG23071164
Patrick Parry
Property Details for 525 Park Avenue
StatusActive
Price/SqFt$1,906.58
SqFt
2,098
Acres
0.090
CountyOrange
SubdivisionThe Village (VIL)
Year Built1939
Property TypeResidential Income
Property Sub TypeTriplex
Primary Features
County
Orange
Price/SqFt
1906.58
Property Sub Type
Triplex
Property Type
Residential Income
Subdivision
The Village (VIL)
Year Built
1939
Interior
Appliances
yes
Appliances
Gas Range, Refrigerator, Water Heater
Average 1 Bed Area
699
Average 1 Bed Area Units
Square Feet
Average 2 Bed Area
700
Average 2 Bed Area Units
Square Feet
Building Area Units
Square Feet
Common Walls
No Common Walls
Cooling
no
Cooling Type
None
Fireplace
yes
Fireplace Features
Family Room
Flooring
Vinyl, Wood
Garage Spaces
3
Interior Features
Ceiling Fan(s), Storage
Laundry
yes
Laundry Features
Individual Room, Inside
Levels
Two
Number With Patio
2
Number With Range
3
Number With Refrigerator
3
Room Type
Main Floor Bedroom
Spa
no
Spa Features
None
Stories Total
2
External
Architectural Style
Cottage
Entry Level
1
Entry Location
front
Fence
yes
Fencing
Wood
Lot Features
Irregular Lot
Lot Size Area
3920
Lot Size Source
Public Records
Lot Size Square Feet
3920
Number Of Buildings
1
Parking
yes
Parking Features
Driveway, Garage, Garage - Single Door
Parking Total
6
Pool Features
None
Private Pool
no
Property Attached
no
Road Frontage Type
City Street
Road Surface Type
Paved
Sewer
Public Sewer
Uncovered Spaces
3
View
yes
View Type
City Lights, Peek-A-Boo
Water Source
Public
Location
Country
US
Elevation Units
Feet
MLS Area Major
LV - Laguna Village
Subdivision Name Other
The Village (VIL)
Additional
Accessibility Features
None
Additional Parcels
no
Assessments
None
Association
no
Community Features
Sidewalks, Urban
Days On Market
60
List Agent State License
01223768
List Office State License
01947727
Lot Size Units
Square Feet
New Construction
no
Number Of Separate Electric Meters
3
Number Of Separate Gas Meters
3
Number Of Units Leased
2
Number Of Units Total
3
Parcel Number
64404105
Property Condition
Repairs Cosmetic
Senior Community
no
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Year Built Source
Public Records
Financial
Gross Scheduled Income
50400
Insurance Expense
4500
Land Lease
no
Net Operating Income
50400
Price Per Unit
1333333
Rent Control
no
Special Listing Conditions
Trust
Tax Lot
182
Tax Tract Number
410
Tenant Pays
Electricity
Total Expenses
2880
Trash Expense
480
Water Sewer Expense
960
Zoning Info
Local Information
© 2023. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any correspondence from IDX pages are routed to Watts Residential or one of their associates. Last updated Friday, September 22nd, 2023.
Based on information from CARETS as of Friday, September 22nd, 2023 09:45:43 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information from CARETS as of Friday, September 22nd, 2023 09:45:43 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Contact - Listing ID LG23071164
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Contact - Listing ID LG23071164
Patrick Parry
Contact - Listing ID LG23071164
Patrick Parry
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