Property Details
Upcoming Open Houses
About this Property
“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
MLS Listing Information
MLS #
CROC25247805
MLS Source
California Regional MLS
Days on Site
9
Interior Features
Appliances
Dishwasher, Freezer, Garbage Disposal, Hood Over Range, Other, Oven Range - Built-In, Oven Range - Gas, Refrigerator
Cooling
Window/Wall Unit
Heating
Forced Air
Exterior Features
Roof
Flat
Foundation
Combination, Slab, Unreinforced Masonry
Pool
In Ground, Pool - Yes
Style
Custom
Parking, School, and Other Information
Garage/Parking
Carport, Common Parking Area, Garage, Gate/Door Opener, Golf Cart, Other, Private / Exclusive, Side By Side, Garage: 4 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1337 Gaviota Dr is a Residential Income in Laguna Beach, CA 92651. This – square foot property sits on a 10,454 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $17,000,000 and was built in 1972. This address can also be written as 1337 Gaviota Dr, Laguna Beach, CA 92651.
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This listing information is up-to-date as of November 03, 2025. For the most current information, please contact Nick Brown, (949) 310-6425
