23551 Avenida La Caza 129 Active Save Request In-Person Tour Request Virtual Tour
Coto De Caza,CA 92679
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