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387 Oak Street

Laguna Beach, CA 92651
  • $2,695,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: OC23080909
UPDATED: 48 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 Information

Elementary School:
Middle School:
High School:
School District:
Listing Agent(s): Bob Wolff of Harcourts Prime Properties (949-248-1888)


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!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-08T19:33:44.603. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/139627735
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387 Oak Street Laguna Beach, CA 92651

  • Price: $2,695,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 48 min ago
  • ID#: OC23080909
4
Beds
4
Baths
0
½ Baths
0.07
Acres
1,561
SQFT
$1,726
$/SQFT
1928
Built
Neighborhood:
The Village (Vil)
County:
Orange
Area:
LV - Laguna Village
Elementary School:
Top Of The World
Middle School:
Thurston
High School:
Laguna Beach
School District:
Laguna Beach Unified
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!
Exterior Features

Architectural Style MediterraneanSpanish Construction Materials Stucco Entry Level 1 Entry Location 1 Exterior Features Rain Gutters Fencing Block Foundation Details RaisedSlab Lot Features Corner LotFront YardLevelPavedRectangular LotZero Lot Line Open Parking Spaces 2 Parking Features DrivewayOff StreetOne SpaceSide By Side Parking Total 2 Patio And Porch Features DeckStoneTile Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type AlleyCity Street Road Surface Type Alley PavedPaved Roof Spanish TileTile Sign On Property YN Yes Spa Features None Spa YN No View OceanPeek-A-Boo View YN Yes Waterfront Features Ocean Side Of Freeway

Interior Features

Accessibility Features None Appliances Gas CooktopGas OvenGas RangeGas Water HeaterRefrigeratorWater Heater Common Walls No Common Walls Cooling None Cooling YN No Door Features Sliding Doors Fireplace Features Living RoomWood Burning Fireplace YN Yes Flooring CarpetTileWood Heating Fireplace(S)Space Heater Heating YN Yes Interior Features BalconyBlock WallsTile CountersBedroom On Main LevelGalley Kitchen Main Level Bathrooms 2 Main Level Bedrooms 2 Window Features Casement Window(S)Double Pane WindowsInsulated WindowsPlantation ShuttersScreensShutters

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingCurbsDog ParkHikingParkStorm Drain(S)Street LightsSuburbanSidewalks Contingency Standard Contingencies. Current Financing None Disclosures City Inspection RequiredHistoricalSeller Disclosure Exclusions All Seller And Tenants Personal Belongings Garage YN No Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Lease Considered YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 Exchange New Construction YN No Possession Negotiable Property Sub Type Single Family Residence Security Features Carbon Monoxide Detector(S)Fire Detection SystemSmoke Detector(S)Security Lights Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type House Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater ConnectedOverhead Utilities Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-08T19:33:44.603. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
5796 Armada Dr #205
Carlsbad CA, 92008
Listing Agent(s): Bob Wolff of Harcourts Prime Properties (949-248-1888)