389 Park, Laguna Beach, CA 92651
- $2,600,000
- List Price
- $2,600,000
- Price Change
- ▼ $25,000 1781040853
- Status
- ACTIVE
- MLS#
- LG26046547
- Year Built
- 1923
- Lot Size
- 3,624
- Acres
- 0.08
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 145
- Property Type
- Multifamily
- Style
- Craftsman, Traditional
- Property Sub Type
- Duplex
- Stories
- One Level
- Neighborhood
- The Village (Vil)
Property Description
TWO DETACHED, TOTALLY REMODELED BEACH COTTAGES PLUS fully permitted, shovel ready plans for a THIRD COTTAGE. All on one lot -397 Park Ave (2 bed, 1 bath - 539 sq. ft) and 389 Park Ave (1 bed, 1 bath - 456 sq. ft) just a short stroll from the all new Forest Avenue Promenade, Main Beach boardwalk and world famous Heisler Park. Each cottage stands alone, with windows on all sides that flood the interiors with natural light and enhance their airy, coastal feel. Adding to the upside, a third, fully permitted 533-square-foot (ADU) will be included with the sale. Both existing cottages have undergone extensive renovations, including brand-new roofs, vaulted ceilings, wide-plank hardwood flooring, upgraded kitchens and baths with stone countertops, custom cabinetry, designer tile, modern lighting, and curated window treatments. Additional highlights include wood-burning fireplaces, tankless water heaters, newly built decks, restored exterior woodwork, fresh paint, and thoughtfully designed landscaping throughout the property. These charming homes are part of Laguna Beach history. While not yet officially designated as historic, there are potential historic designations and Mills Act tax benefits. Don't miss out on this exceptional opportunity to buy prime real estate in the heart of Laguna Beach.
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Additional Information
- Appliances
- Dishwasher, Gas Range, Tankless Water Heater, Water Heater
- Pool Description
- None
- Fireplace Description
- Living Room
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Roof
- Asphalt
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $92,400
- Operating Expense
- 38240
Listing courtesy of Listing Agent: Spencer Wall (spencer@wallrealtygroup.com) from Listing Office: Pacific Sotheby’s International Realty.
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