245 Wave ST Laguna Beach, CA 92651
Active
$6,950,000
3 Units
8 Beds
9 Baths
4,000 Area(sq.ft.)
7,538 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 3 | No | n/a | n/a | $ 9,500 |
| Unit 2 | 1 | 3 | 3 | No | n/a | n/a | $ 9,000 |
| Unit 3 | 1 | 2 | 3 | No | n/a | n/a | $ 7,500 |
| 3 | 3 | 8 | 9 | $ 0 | $ 0 | $ 26,000 |
| MLS #: | LG24236294MR |
| Days On Market: | 3 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,738 |
| Price per unit: | $ 2,316,667 |
| Year Built: | 2024 |
Property Details
241 - 243- 245 WAVE. LARGE, LUXURY TRIPLEX. FLAWLESS CONTEMPORARY, FULLY REINVISIONED/RENOVATED MASTERPIECE PREMIER NORTH LAGUNA LOCATION, CLOSE TO SHAWS COVER/CRESCENT BAY, BEACHES, PARKS, SHOPS, RESTAURANTS, ETC. 3 LARGE UNITS WITH EXPANSIVE OCEAN VIEWS ON NEARLY DOUBLE LOT, QUIET STREET. ULTIMATE FAMILY COMPOUND OR 3 LUXURY PENTHOUSE-STYLE APARTMENTS ON HUGE LOT WITH MANICURED, IMPECCABLY DESIGNED, FULLY GATED GROUNDS. TWO 3BD/2.5 BA LUXURY UNITS WITH FIREPLACE, ONE 2BD/2.5BATH PENTHOUSE WITH VIEWS. 5 GARAGES PLUS 6 ADD'L OFFSTREET PRIVATE PARKING SPACES. BUILT FOR OWNER'S FAMILY AS A "FOREVER" INVESTMENT, NO EXPENSE WAS SPARED OR DETAIL OVERLOOKED. CUSTOM CABINETRY THROUGHOUT, TAJ MAHAL STONE COUNTERS, CUSTOM BATHS, ALL NEW: ELECTRICAL (INCLUDING NEW UNDERGROUND AND PANEL), PLUMBING (INCLUDING MAIN LINE, PEX), HVAC (INCLUDING CENTRAL AIR IN EACH UNIT), FIRE SPRINKLERS, DECKS, "FLOATING" IRON STAIRWAYS, SMOOTH STUCCO, STONE FIREPLACES, DUCHATEAU WOOD FLOORING, OPEN BEAM CEILINGS, EXPANSIVE "LA CANTINA" WALLS OF GLASS OPEN TO OVERSIZED DECKS, TWO CUSTOM FIREPITS, CUSTOM HARDSCAPE & LANDSCAPE. CODED GATES, 5 GARAGE SPACES FULLY FINISHED INCLUDING EPOXY FLOORING. EV VEHICLE CHARGERS IN EACH GARAGE. TANKLESS WATER HEATERS. EXPANSIVE OCEAN VIEWS. TOTAL PRIVACY AND LARGE LOT WITH BOTH PRIVATE AND COMMUNITY GATHERING SPACES. EACH UNIT COMES WITH IT'S OWN NEW LG WASHTOWER LAUNDRY UNIT. TOO MANY DETAILS TO LIST. INTERIOR FINISHES/TILE/LIGHTING DESIGNED BY TUVALU HOME. EACH UNIT HAS OPEN KITCHEN/GREAT ROOM CONCEPT WITH LARGE CENTRAL ISLAND. EACH UNIT HAS A DESIGNER POWDER ROOM. PRICED BELOW REPLACEMENT COST THE RENOVATION TOUCHED EVERY ELEMENT OF THE STRUCTURE AND PROPERTY AND TOOK 2 YEARS TO COMPLETE. SOFT-WHITE SMOOTH STUCCO WITH BLACK ACCENTS, NEW BLACK STANDING SEAM ROOF. LITERAL PERFECTION AND THE FINEST MULTI-UNIT PROPERTY IN LAGUNA BEACH. ALL UNITS ARE BRAND NEW, NEVER OCCUPIED AND READY FOR A NEW OWNER.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 80,000 |
| Net Operating Income: | $ 232,000 |
Structure
| Community Features: | Hiking, Sidewalks, Storm Drains |
| Security Features: | Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers, Smoke Detector |
| Style: | Contemporary |
| Sewer: | Public Sewer |
| View Description: | Catalina, Coastline, Ocean, Panoramic, Water |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
| Parking Garage: | Assigned |
| Total Parking: | 11 |
Interior
| AC/Cooling: | Central |
| Equipment: | Dishwasher, Dryer, Dryer Included, Inside, Other, Washer, Washer Included, Water Line to Refrigerator |
| Heating: | Central |
| Fireplace Rooms: | Living Room |
| Laundry: | Dryer, Dryer Included, Inside, Other, Washer, Washer Included |
Exterior
| Exterior Construction: | Plaster, Stone, Stucco |
| Pool: | No |
| Roof: | Metal |
| Spa: | No |
Detailed Map
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