23551 Avenida La Caza Unit 129
Laguna Hills, CA 92679
Map
- 3 beds
- 3 baths
- 1,780 sqft
- ~3 acre lot
- $558 per sqft
- 1977 build
- – on site
Unmatched Rental Income Potential & Legal Flexibility. Unveiling a Unique Investment: A Triplex Opportunity in Coto de Caza. This distinctive property features three individual apartments, each with its own private entry. Beyond the inherent income potential, this property offers a significant advantage for new buyer. California Regulation §4739 explicitly prohibits Homeowners Associations (HOAs) from restricting the length of tenancy (whole or partial) if the homeowner resides on the property for more than 30 days. This means if you choose to occupy one of the three units, you can legally rent out the remaining two for any length of time—from short-term (1-day) to long-term (365-day) leases. While an HOA might initially have a different opinion, state law supersedes municipal ordinances or HOA rules in this regard. This flexibility opens the door to potentially adding up to twelve grand monthly to your budget. Please note that this specific California regulation does not apply if all three units are rented out. All other HOA rules and regulations, such as those concerning parking, pool usage, and noise, remain in effect. A Rich History: From Olympic Housing to Modern Townhomes. Built as "Vic Braden's Tennis College" to house US athletes training for the 1980' Moscow Olympics.
Last checked:
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Last updated Jul 13, 2025
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MLS# CROC25156803 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1977
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Unit Number:129
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Building Area Units:Square Feet
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Construction Materials:Other
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Architectural Style:Bungalow
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Foundation Details:Other
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Stories:2
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Levels:Two Story
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Window Features:Double Pane Windows
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Security Features:Smoke Detector(s)
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Other Equipment:Other
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Green Energy Efficient:Water Heater
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Building Area Total:1780
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Building Area Source:Assessor Agent-Fill
Interior
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Interior Features:Storage
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Kitchen Features:220 Volt Outlet, Breakfast Bar, Stone Counters, Dishwasher, Electric Range/Cooktop, Disposal, Pantry, Refrigerator, Updated Kitchen, Other
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Flooring:Laminate
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Fireplace:true
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Fireplace Features:Family Room
Room Dimensions
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Living Area:1780
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Living Area Units:Square Feet
Location
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Directions:N
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Exterior Features:Other
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Parcel Number:93599041
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Lot Features:Landscaped
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Lot Size Area:2.8693
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Lot Size Acres:2.8693
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Lot Size SqFt:124985
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Lot Size Units:Acres
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View:City Lights
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View:true
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:320.44
Beds
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Bedrooms Total:3
Baths
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Total Baths:3
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Full Baths:3
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Bath Includes:Shower Over Tub
The Listing
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Listing Terms:Other
Heating & Cooling
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Heating:Electric
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Other Water/Sewer
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Electric:220 Volts in Kitchen
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Electric On Property:true
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Water Source:Other
Appliances
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Appliances:Dishwasher
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Laundry Features:Dryer
Schools
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High School District:Capistrano Unified
The Community
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Association:true
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Association Amenities:Pool
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Association Fee:465
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Association Fee Frequency:Monthly
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Association Fee Includes:Security/Gate Fee
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# of Units In Community:3
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Pool Private:false
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:2
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Carport:false
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Parking Total:4
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Parking Features:Attached
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Covered Spaces:2
Monthly cost estimate
Asking price
$995,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,327
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| Taxes | N/A |
| Insurance | $273 |
| HOA fees | $465 |
| Utilities | $204 See report |
| Total | $6,269/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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7/13/25
Jul 13, 2025
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Listed / Active | BRIDGE | $995,000 |
36% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $25k above asking price on average, but some went as high as $160k over asking price.
