1337 Gaviota Dr, Laguna Beach, CA 92651
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
1337 Gaviota Dr,Laguna Beach, CA 92651
$17,000,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:nick brown949.310.6425
Office:kase real estate
MLS#:OC25247805
Source:CAREIL
Price summary
- Price:$17,000,000
About this home
“Where Vision Meets the View” | Laguna Beach Oceanfront Investment Compound (Ideal for 1031 Exchange | Multi-Family | Development Opportunity) Some assets redefine what’s possible. This one does both delivering immediate income, long-term upside, and irreplaceable oceanfront frontage in the heart of Laguna’s legendary HIP District. Perched above the sand on a rare double blufftop lot exceeding 10,000 sq ft, this property offers 50 ft. of linear ocean frontage and a private staircase directly to Cress Cove putting you front row to one of the most iconic coastlines in the world. The Property -- Detached SFR: 4 Bedrooms + Office | 4 Baths | No shared walls Three Condos: Each 2 Bedrooms | 2 Baths - ideal for luxury leasing or long-term income Bonus Level: Flexible pool house / studio / gym / media retreat with potential to become a 5th legal unit Private Pool Terrace + 4-Car Garage Multiple Addresses + Gated Compound Layout Investment Highlights -- Four existing income producing residences with diverse use potential Bonus space with 5th unit potential adds immediate value add opportunity 1031 exchange ready with strong (income to land) value ratio Redevelopment upside: One of the few oceanfront double lots zoned for multi-family/multi-address use Pr
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Home facts
- Year built:1972
- Listing ID #:OC25247805
- Added:5 day(s) ago
- Updated:November 02, 2025 at 05:31 PM
Heating and cooling
- Cooling:Window/Wall Unit
- Heating:Central Forced Air
Structure and exterior
- Roof:Flat/Low Pitch
- Year built:1972
- Lot area:0.24 Acres
Utilities
- Water:District - Public
Finances and disclosures
- Price:$17,000,000
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