23551 Avenida La Caza, Coto de Caza, CA 92679
3 BD
| 3 Baths
| 1,780 SQ/FT
Offered at
$945,000
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.