252 Chiquita, Laguna Beach, California 92651, Laguna Beach, 92651 - bed, bath
252 Chiquita
Laguna Beach, California 92651
Property Price
SUMMARY
Analysis of 252 Chiquita, Laguna Beach, California 92651 is currently available with a list price of $3,395,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Laguna Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Panoramic Views
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.
- Income-Generating Triplex
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.
- Ample & Critical Parking
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.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- Age of Property
Built in 1940, the property's age, despite recent improvements, may imply potential for older infrastructure or ongoing maintenance requirements typical of vintage buildings.
- Shared Living & Density
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.
About 252 Chiquita
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!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1940
- Lot Size
- 4,356 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,097 | 2,150.5 | 50% |
| Lot Size | 4,356 | 4,378 | 50% |
| Price | $3.40M | $2.85M | 81% |
| Price per sq ft | $1.6K | $1.3K | 75% |
| Built year | 1940 | 1946 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 228 | 13% |
Pricing History
Listed for Sale
Jan 19, 2026
$3,395,000
Initial Listing
Sold
Nov 1, 2021
$2,800,000
Public Record
Sold
Jun 17, 2004
$1,050,000
Public Record