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On the market for the first time in decades, 525 & 533 Park Avenue, 516 Reed is an approximately 2,098 square foot triplex located in the heart of Laguna Village. Just blocks away from conveniences and attractions found along Pacific Coast Highway, this multifamily offering is sited on an approximately 3,920 square foot lot and presents incredible investment potential. With an appealing configuration allowing the occupants of each unit privacy, it offers endless possibilities for an owner-user as well as an investor. Abounding in beachside charm, 525 Park Avenue is comprised of (1) one bedroom plus den/non-conforming bedroom, one bathroom unit as well as (2) 1 bedroom, 1 bathroom units. Featuring elements such as private outdoor spaces, hardwood flooring in the living area, fireplaces, ample eat-in kitchens, three private garages, off-street parking, and built in storage, all units have been well maintained throughout the years. Just blocks away from shopping and dining options as well as the famous beaches the area is known for, with hiking and mountain biking trails just a stone’s throw away.
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Listing Agent: John Stanaland
Listing Office: DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Attribution contact: 949-270-0440