709 Gaviota Drive, Laguna Beach, CA 92651

• 3 beds

Property Description

4-PLEX investment property in a prime Laguna Beach location. Positioned in the heart of town, on the ocean side of Coast Highway, just one row from the Oceanfront. Coastline and Ocean Views in both directions....sand, white water, Catalina island and city lights. This property is mostly surrounded by high value SFRs. The floor plan configuration includes three one bedroom apartments and one studio unit. Zoned R3, if desired, the upper unit could be converted to one, top level owner's unit or two bedroom apartment. All systems are functional. Recent structural steel foundation upgrade and new roof. Cosmetic improvements and surface upgrades would take this property to a new level. For 60 years, this property has been diligently maintained by the same family and now presents an opportunity for a new owner to develop and maximize it's value. Schedule a tour today. 24 hour notice required.

Listing Status:

Pending

Date Added:

January 15, 2026

Data Last Updated:

May 20, 2026 at 11:12PM

Listing Office:

Pacific Sotheby’s International Realty : 949-494-3600

Listing Agent:

Spencer Wall : 949-375-7768

MLS ID:

LG26010605

Interior

• A/C: N/K
• Heating: Combination Heating

Exterior

• General: N/K
• Pool: N/K

Construction

• General: Stucco2 Story

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Orange

Lot

• Zoning: Assessor64402317

Financial

• Source: California Regional MLS