23551 Avenida La Caza 129 Active

Coto De Caza,CA 92679

$ 945000

3 Beds

3 Baths

1780 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,780 sqft

Price per Sqft $530

MLS Listing ID CROC25156803

Style Cottage,Traditional,Bungalow,Cape Cod

Bedrooms 3

Full Baths 3

HOA Fees $465/mo

Year Built 1977

Lot Size 2.869 Acres

Property Sub-Type Triplex

Source California Regional MLS

Property Description

Prime Investment Opportunity in Coto De Caza: Rare Triplex with Value-Add Potential For the discerning investor, this is an opportunity worth considering. Presenting a rare triplex at 23551 Avenue La Caza #129, located in the exclusive gated community of Coto De Caza. This property is a prime example of a value-add investment, offering a clear strategy to increase rental income in one of Southern California's most sought-after areas. The Value-Add Opportunity: Clear and Achievable Currently, this triplex generates a steady $5,800 per month in gross rent, supported by long-term tenants. However, this figure is below the market potential for the area. By implementing strategic cosmetic upgrades-such as modernizing the kitchens and bathrooms-you can significantly increase the rental income to align with current market rates. Desirable Location: The Prestige of Coto De Caza The property's location within Coto De Caza offers tenants an unparalleled Orange County lifestyle, surrounded by natural beauty and upscale amenities: - 25-30 minutes to the pristine beaches of Laguna Beach - 20-25 minutes to major employment hubs like the Irvine Spectrum and Irvine Business Complex - 10-15 minutes to shopping, dining, and entertainment at Laguna Hills Mall - Steps away from

Location

State CA

County Orange

Area Tc - Trabuco Canyon

Rooms

Dining Room Breakfast Bar,Other

Kitchen Dishwasher,Garbage Disposal,Pantry,Oven Range - Electric,Refrigerator,Oven - Electric

Interior

Heating 13,Other,Electric

Cooling Other,Central Forced Air - Electric,9

Flooring Laminate

Fireplaces Type Family Room,Other

Laundry In Garage,Laundry Area,Dryer

Exterior

Parking Features Assigned Spaces,Garage,Gate / Door Opener,Other,Room for Oversized Vehicle

Garage Spaces 2.0

Fence None

Pool 31,Community Facility

View Local/Neighborhood,31,City Lights

Roof Type Shingle,Composition

Building

Foundation Permanent,Concrete Perimeter

Sewer Sewer Available

Water Hot Water,Heater - Electric,District - Public

Architectural Style Cottage,Traditional,Bungalow,Cape Cod

Others

Tax ID 93599041

Special Listing Condition Not Applicable

View More
Favorite Go Tour