387 Oak Street, Laguna Beach, CA 92651

Photo 1

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!


Interior Features

Kitchen Information
Features Tile Counters
Bedroom Information
Bedrooms 4
Bathroom Information
Bathrooms 4
Flooring Information
Material Carpet, Tile, Wood
Interior Information
Features Balcony, Block Walls, Copper Plumbing Partial, Tile Counters
Cooling Type None

Listing Information

Address 387 Oak Street
City Laguna Beach
State CA
Zip 92651
County Orange
Listing Agent Bob Wolff DRE #01053562
Courtesy Of Harcourts Prime Properties
Close Price $2,250,000
Status Closed
Type Residential
Subtype Single Family Residence
Structure Size 1,561
Lot Size 3,000
Year Built 1928

Listing information courtesy of: Bob Wolff, Harcourts Prime Properties. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 28th, 2023 at 1:45 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.