Laguna Beach, CA 92651,389 Park Avenue
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Laguna Beach, CA 92651,389 Park Avenue
Laguna Beach, CA 92651,389 Park Avenue
Laguna Beach, CA 92651,389 Park Avenue
Laguna Beach, CA 92651,389 Park Avenue
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Listed by Kenneth Guziak • Coldwell Banker Realty
$ 2,595,000
Est. payment /mo
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389 Park Avenue Laguna Beach, CA 92651

4 Beds

2 Baths

986 SqFt


UPDATED:

11/21/2024 05:41 AM

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Duet

Listing Status Active

Purchase Type For Sale

Square Footage 986 sqft

Price per Sqft $2,631

MLS Listing ID CRLG24235093

Bedrooms 4

Full Baths 2

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1923

Lot Size 3,624 Sqft

Property Description

Two separate, fully renovated cottages on a single lot in the heart of downtown Laguna Beach, less than 2 blocks from Forest Avenue Promenade, Hotel Laguna and Main Beach (Walkscore 97)! The cottages were recently updated with new kitchen and bath fixtures, true wide-plank hardwood floors, new roofs, vaulted ceilings, new lighting, designer window treatments, designer cabinetry and tiles, stone counters, designer wood-burning fireplaces, tankless hot water, individual laundry enclosures, new decks, exterior wood restoration and fresh paint, and gorgeous landscaping. As the cottages are free-standing, they have windows on all sides allowing for ample natural light. They are some of the original Olympic Cottages, brought to Laguna after the Los Angeles Olympics in the 1930s. They are currently rented separately, generating a total of approximately $8,800 in monthly income ($105,600 annually). While iconic in Laguna Beach, these cottages are not yet on the historic register, but are on the city Historic Inventory with a rating of E (Exceptional) - meaning that they could be historically registered, and under the Mills Act, might benefit from substantially reduced property taxes. PLUS -- plans have been submitted to the city for final approval of a 3rd 575-square foot bungalow on pro

Location

State CA

County Orange

Interior

Heating Forced Air

Cooling None

Flooring Wood

Fireplaces Type Living Room

Fireplace Yes

Laundry Laundry Closet, Other

Exterior

Pool None

View City Lights, Hills, Trees/Woods

Private Pool false

Building

Lot Description Street Light(s), Landscape Misc

Story 1

Water Public

Architectural Style Bungalow, Cottage

Schools

School District Laguna Beach Unified


Bay East AOR and Contra Costa AOR

Gregory Jackson

Broker Associate | License ID: 01111634

+1(925) 786-8504

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389 Park Avenue