Bungalow, CapeCod, Cottage, Traditional

23551 Avenida La Caza 129

Coto de Caza , CA 92679

MLS#: OC25156803

$945,000

Status: Active
Listing number: OC25156803
Listing provided by: Premier Agent Network
Listing agent phone: None
Last update: 2 days ago
On site: a month ago
Browse Properties
Village - Residential

Property

Beds

3

Full Baths

3

1/2 Baths

None

Year Built

1977

Sq.Footage

1,780

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.

Features & Amenities

Interior

  • Other Interior Features

    Beamed Ceilings, Wet Bar, Breakfast Bar, Cathedral Ceiling(s), Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, Entrance Foyer, Walk-In Closet(s), Master Downstairs

  • Total Bedrooms

    3

  • Bathrooms

    3

  • Cooling YN

    YES

  • Cooling

    Ductless, Electric, ENERGY STAR Qualified Equipment, Zoned

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Ductless, Electric, ENERGY STAR Qualified Equipment, Zoned

  • Main Level Bedrooms

    1

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    HardiPlank Type

  • Other Exterior Features

    Balcony

  • Parking

    Attached, Assigned, Asphalt, Driveway, Garage, Garage Door Opener, Oversized, Tandem

  • Patio and Porch Features

    Deck, Enclosed, Wrap Around

  • Pool

    Yes

  • Pool Features

    Association

  • View

    City Lights, Pool

Area & Lot

  • Lot Features

    Landscaped

  • Lot Size(acres)

    2.8693

  • Property Type

    Residential

  • Property Sub Type

    Triplex

  • Architectural Style

    Bungalow, CapeCod, Cottage, Traditional

Price

  • Sales Price

    $945,000

  • Sq. Footage

    1, 780

  • Price/SqFt

    $530

HOA

  • Association

    YES

  • Association Fee

    $465

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    Tesoro

Property Features

  • Stories

    2

  • Association Amenities

    Dog Park, Jogging Path, Pool, Security

  • Foundation Details

    Concrete Perimeter, Permanent

  • Senior Community YN

    NO

  • Tax Lot

    2

  • Water Source

    Public

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Location

County

Orange

Elementary School

Middle School

High School

Tesoro

Listing Courtesy of Devan Bond , Premier Agent Network

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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.

23551 Avenida La Caza 129

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