945 Park, Laguna Beach, California 92651, Laguna Beach, 92651 - 2 bed, 2 bath

945 Park, Laguna Beach, California 92651 home-pic-0
ACTIVE$1,500,000
945 Park, Laguna Beach, California 92651
2Beds
2Baths
1,995Sqft
5,704Lot
Year Built
1948
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$752
HOA
-
Days on market
-
Sold On
-
MLS number
LG25268176
Home ConditionPoor
Features
Deck
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 4 Cons,5 Pros. Rank: price - $1.50M(3th), sqft - 1995(49th), beds - 2(20th), baths - 2(36th).

A fixer-upper’s dream, 945 Park Ave offers an exciting opportunity for an investor or buyer looking for a project in a central Laguna Beach location. This home is ripe for renovation but comes with unique underlying value. Inside, the home offers a rare combination of brightness and tranquility and can be used as a 3 bedroom. Expansive floor-to-ceiling sliders in the downstairs living area and upstairs primary bedroom coupled with skylights flood the space with natural light; however, thanks to their double and triple-paned construction, the interior remains unexpectedly quiet and insulated from the road. The property boasts a large, highly usable yard with a pond and mature producing trees, including 6 avocado, 4 orange, 2 lemon and 15 mature Champaca Alba trees. The heating and air conditioning were also updated by the current owners. This is a rare opportunity to create your dream home in a very walkable location close to beaches, downtown shops, restaurants, art galleries, and festivals.

Price History

Date
Event
Price
12/02/25
Listing
$1,500,000
01/25/11
Sold
$775,000
Condition Rating
Poor

Built in 1948 and explicitly marketed as a 'fixer-upper' and 'ripe for renovation,' this property requires substantial rehabilitation. The kitchen features outdated cream-colored cabinets, dark laminate countertops, and older black appliances, necessitating a full remodel. While the HVAC system and some windows have been updated, the overall interior, including dated carpeting and general finishes, indicates a need for extensive renovation to meet current quality standards. It is livable but far from comfortable or modern.
Pros & Cons

Pros

Exceptional Location & Walkability: Situated in central Laguna Beach, offering unparalleled walkability to beaches, downtown amenities, shops, restaurants, and cultural attractions.
Updated HVAC System: The property benefits from recently updated heating and air conditioning, providing modern climate control for an older home.
Abundant Natural Light & Sound Insulation: Features expansive floor-to-ceiling sliders and skylights for bright interiors, complemented by double/triple-paned windows ensuring quiet and insulation.
Unique & Productive Outdoor Space: Boasts a large, highly usable yard with a pond and mature producing fruit trees (avocado, orange, lemon), adding significant value and appeal.
Significant Renovation Potential: Presents a prime 'fixer-upper' opportunity for investors or buyers to customize and create a dream home in a desirable location, with flexible 2-3 bedroom usage.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
Extensive Renovation Required: Explicitly marketed as a 'fixer-upper' and 'project,' indicating a need for substantial renovation and capital investment.
Age of Property (1948): Built in 1948, the home's age suggests potential for outdated infrastructure, design, and unforeseen costs associated with modernizing an older structure.
Absence of Views: Lacks any significant views, which can be a considerable disadvantage in the Laguna Beach market where ocean or city views are highly sought after and typically command a premium.

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