CA > Coto De Caza
Coto De Caza, CA 92679,23551 Avenida La Caza 129
Coto De Caza, CA 92679,23551 Avenida La Caza 129
Coto De Caza, CA 92679,23551 Avenida La Caza 129
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Joel Martinez

Joel Martinez

+1(831) 230-0059
Listed by Devan Bond • Premier Agent Network
$945,000
Est. payment /mo
3 Beds
3 Baths
1,780 SqFt
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UPDATED:

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

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agent

Joel Martinez

+1(831) 230-0059

Property Connection Specialist | License ID: 02338033

Property Connection Specialist License ID: 02338033

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