31913 9th, Laguna Beach, CA 92651

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List Price
$3,495,000
Price Change
▼ $200,000 1786659621
Days on Market
234
Status
ACTIVE
MLS#
OC26021009
Bedrooms
5
Bathrooms
5
Lot Size(apprx.)
4,374
City
Laguna Beach
Neighborhood
South Laguna Village (Slv)
Property Type
Multifamily

Property Description

This exceptional ocean-view󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 property presents a compelling coastal investment opportunity with multiple income streams and long-term value. Positioned to capture sweeping Pacific views, the main residence offers 3 bedrooms and 3 bathrooms with soaring ceilings, open-concept living and kitchen spaces, a wrap-around deck, and three fireplaces-features that consistently attract high-end tenants and vacation renters. Ocean views from both the living room enhance rental appeal, while abundant natural light and seas breezes create a desirable indoor-outdoor living experience. Recent upgrades support low-maintenance ownership and strong tenant retention, including quartz kitchen countertops, updated bathrooms with modern coastal finishes, and durable materials well-suited for beach living. Extensive storage adds functionality rarely found in coastal properties, featuring a walk-in pantry, cedar-lined closets, a dedicated laundry room, a storage garage large enough for a golf cart, and additional secured storage. Adding significant value, the property includes a separate living quarters with two bedrooms and one and a half bathrooms-ideal for generating supplemental rental income, accommodating extended stays, or offering flexible leasing options. This private space features its own garden raised deck and pergola, enhancing tenant privacy and marketability. An oversized lot with parking for up to seven vehicles provides a major competitive advantage in a high-demand beach location, increasing rental flexibility and overall property value. With ocean views, multiple living spaces, a This exceptional ocean-view property presents a compelling coastal investment opportunity with multiple income streams and long-term value. Positioned to capture sweeping Pacific views, the main residence offers 3 bedrooms and 3 bathrooms with soaring ceilings, open-concept living and kitchen spaces, a wrap-around deck, and three fireplaces-features that consistently attract high-end tenants and vacation renters. Ocean views from both the living room enhance rental appeal, while abundant natural light and seas breezes create a desirable indoor-outdoor living experience. Recent upgrades support low-maintenance ownership and strong tenant retention, including quartz kitchen countertops, updated bathrooms with modern coastal finishes, and durable materials well-suited for beach living. Extensive storage adds functionality rarely found in coastal properties, featuring a walk-in pantry, cedar-lined closets, a dedicated laundry room, a storage garage large enough for a golf cart, and additional secured storage. Adding significant value, the property includes a separate living quarters with two bedrooms and one and a half bathrooms-ideal for generating supplemental rental income, accommodating extended stays, or offering flexible leasing options. This private space features its own garden raised deck and pergola, enhancing tenant privacy and marketability. An oversized lot with parking for up to seven vehicles provides a major competitive advantage in a high-demand beach location, increasing rental flexibility and overall property value. With ocean views, multiple living spaces, and rare parking capacity, this property stands out as a high-performing asset for investors seeking both immediate income potential and long-term coastal appreciation.

Additional Information

Cooling
None
Heating
Forced Air
Lot Size
4,374
Neighborhood
South Laguna Village (Slv)
Tenant Pays
Cable TV, Electricity, Gas/Propane

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kristina Heimstaedt (949-514-5245) from Listing Office: Coldwell Banker Realty.

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