252 Chiquita, Laguna Beach, California 92651, Laguna Beach, 92651 - 0 bed, 0 bath
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Laguna Beach, California 92651
This Versatile Coastal Triplex is listed at $3,395,000, representing a premium acquisition in a prized North Laguna locale. Boasting a Good Condition Rating with recently modernized kitchens and bathrooms, the property features a Classic Laguna Cottage with Panoramic Ocean and Catalina Island Views and rare Ample Parking including two garages. Its flexible configuration within the Laguna Beach Unified School District supports high rental demand and long-term asset stability. This property is perfectly suited for Owner-Occupants looking to house-hack or Lifestyle Investors seeking a turnkey beachside sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 252 Chiquita Subject | $3,395,000* List Price | 0 | 0 | 2,097 | $1,394 | - |
A 222 Wave Street Sold | $2,775,000 | 7 | 6 | 2,204 | $1,259 | 0.2 mi |
B 222 Wave Street Sold | $2,775,000 | 0 | 0 | 2,204 | $1,259 | 0.2 mi |
C 135 High Drive Sold | $2,920,000 | 5 | 3 | 2,449 | $1,192 | 0.9 mi |
D 246 Fairview Street Active | $3,695,000 List Price | 0 | 0 | 2,200 | $1,680 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1940, this triplex has undergone significant 'recent improvements' as stated in the description. The images showcase a primary unit (likely the front cottage) with a recently renovated, modern kitchen featuring white shaker cabinets, subway tile backsplash, and stainless steel appliances, along with a contemporary bathroom with new vanity and tiling. The other units also appear updated with functional kitchens and clean finishes, though in a slightly different style. The property is move-in ready with well-maintained systems, including modern mini-split AC units visible in some areas. While not all components are 'virtually new' across the entire triplex, the extensive updates make it a solid 'Good' condition property.
Situated in a prized North Laguna locale, the property offers a rare blend of beach and village proximity, complemented by stunning panoramic ocean, Catalina Island, and city lights views from multiple units.
As a triplex with a superb unit mix (two 2-bedroom units and one 1-bedroom unit), it provides significant flexibility for an owner-user, a vacation home with passive income, or an investor seeking a 'better-than-most' Laguna Beach cap rate.
The property boasts critical parking solutions, including two alley garages, an alley parking apron, and an off-street parking pad, a significant advantage in a beach-close community where parking is often scarce.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4356, other record lot size in square feet = 4500. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2097, other record living area = 980.
Built in 1940, the property's age, despite recent improvements, may imply potential for older infrastructure or ongoing maintenance requirements typical of vintage buildings.
As a triplex, it involves shared walls and potentially less private outdoor space compared to a single-family residence, which might not appeal to all buyers seeking maximum privacy.
Anchored by a classic Laguna ocean view cottage, the triplex at 252 and 254 Chiquita Street offers a rare blend of views, beach and village proximity, wonderful outdoor space, and a special dash of appealing charm. The unit mix is superb - the two bedroom front vintage cottage with coastal views, a spacious two bedroom rear upper with panoramic ocean and prized Catalina Island views, and a one bedroom rear lower unit with incredible rentability. The configuration provides flexibility for an owner-user, a vacation home with passive income, and even delivers a‘better-than-most’ Laguna Beach cap rate for an investor. Two alley garages, an alley parking apron, and an off-street parking pad in the front provide the critical parking usually lacking in beach-close properties. Recent improvements by the current owner have improved amenities and rentability. 252 Chiquita is a special offering in a prized Laguna Beach locale!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,097 | 2,037.5 | 50% |
| Lot Size | 4,356 | 4,378 | 50% |
| Price | $3.40M | $2.76M | 80% |
| Price per sq ft | $1.6K | $1.3K | 60% |
| Built year | 1940 | 1948 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 93 | 198 | 25% |
Jan 19, 2026
$3,395,000
Initial Listing
Nov 1, 2021
$2,800,000
Public Record
Jun 17, 2004
$1,050,000
Public Record