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
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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$ 995,000
Est. payment | /mo

3 Beds

3 Baths

1,780 SqFt


Save
$ 995,000
Est. payment | /mo
Save

3 Beds

3 Baths

1,780 SqFt

OPEN HOUSE

Sun Aug 03, 2:00pm - 4:00pm

Sun Aug 10, 2:00pm - 4:00pm

Sun Aug 17, 2:00pm - 4:00pm

Sun Aug 24, 2:00pm - 4:00pm

Sun Aug 31, 2:00pm - 4:00pm

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,780 sqft

Price per Sqft $558

Subdivision Village

MLS Listing ID OC25156803

Bedrooms 3

Full Baths 3

Condo Fees $465

Construction Status Updated/Remodeled

HOA Fees $465/mo

HOA Y/N Yes

Year Built 1977

Lot Size 2.869 Acres

Property Sub-Type Triplex

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 the pristine Coto De Caza Country Club, renowned for its championship golf course, tennis facilities, and equestrian offerings
- Convenient access to I-5 and 73 freeways, plus top-tier schools in the Capistrano Unified School District

Nestled in a gated community known for its rolling hills, equestrian trails, and luxurious ambiance, this location attracts high-quality tenants seeking exclusivity and tranquility, ensuring strong rental demand.

A Rare Find in a Competitive Market

Properties like this triplex are a rarity in Coto De Caza, with only a handful becoming available each year. This is your chance to acquire a valuable asset with untapped potential in a community that continues to rise in prestige. The numbers and strategy are straightforward, making this an attractive option for investors looking to expand their portfolio.

Location

State CA

County Orange

Area Tc - Trabuco Canyon

Rooms

Main Level Bedrooms 1

Interior

Interior Features Beamed Ceilings, Wet Bar, Breakfast Bar, Balcony, Cathedral Ceiling(s), Granite Counters, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Storage, Bedroom on Main Level, Entrance Foyer, Main Level Primary, Multiple Primary Suites, Primary Suite, Walk-In Pantry, Walk-In Closet(s)

Heating Ductless, Electric, ENERGY STAR Qualified Equipment, Zoned

Cooling Ductless, Electric, ENERGY STAR Qualified Equipment, Zoned

Flooring Carpet, Laminate

Fireplaces Type Family Room, Propane

Fireplace Yes

Appliance Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Electric Oven, Electric Range, Electric Water Heater, Disposal, High Efficiency Water Heater, Refrigerator, Water Heater, Dryer

Laundry Common Area, In Garage

Exterior

Parking Features Assigned, Asphalt, Door-Single, Driveway, Garage, Garage Door Opener, Oversized, Tandem, Uncovered

Garage Spaces 2.0

Garage Description 2.0

Fence None

Pool Association

Community Features Biking, Curbs, Dog Park, Foothills, Golf, Hiking, Horse Trails, Park, Rural, Ravine, Storm Drain(s), Suburban, Sidewalks, Gated

Utilities Available Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Amenities Available Controlled Access, Dog Park, Jogging Path, Maintenance Front Yard, Pool, Guard, Security

View Y/N Yes

View City Lights, Courtyard, Pool

Roof Type Composition,Shingle

Porch Deck, Enclosed, Wood, Wrap Around

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre, Landscaped

Dwelling Type Triplex

Story 2

Entry Level Two

Foundation Concrete Perimeter, Permanent

Sewer Sewer Tap Paid

Water Public

Architectural Style Bungalow, Cape Cod, Cottage, Traditional

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Schools

High Schools Tesoro

School District Capistrano Unified

Others

HOA Name Villa Serena Townhomes

HOA Fee Include Pest Control

Senior Community No

Tax ID 93599041

Security Features Fire Detection System,Gated with Guard,Gated Community,Smoke Detector(s)

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

CRMLS – RECore
Listed by Devan Bond Premier Agent Network 310-741-7900
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3020 Old Ranch Parkway Suite 250, Seal Beach, CA, 90740, US

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23551 Avenida La Caza #129