1337 Gaviota Dr, Laguna Beach, CA 92651
Local realty services provided by:CENTURY 21 Sierra Properties
1337 Gaviota Dr,Laguna Beach, CA 92651
$17,000,000
- 10 Beds
- - Baths
- 4,500 sq. ft.
- Multi-family
- Active
Listed by: nick brown
Office: kase real estate
MLS#:CROC25247805
Source:CA_BRIDGEMLS
Price summary
- Price:$17,000,000
- Price per sq. ft.:$3,777.78
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 Prime location: Steps to Surf & S
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Home facts
- Year built:1972
- Listing ID #:CROC25247805
- Added:46 day(s) ago
- Updated:December 13, 2025 at 03:43 PM
Rooms and interior
- Bedrooms:10
- Living area:4,500 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Forced Air
Structure and exterior
- Year built:1972
- Building area:4,500 sq. ft.
- Lot area:0.24 Acres
Finances and disclosures
- Price:$17,000,000
- Price per sq. ft.:$3,777.78
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