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For sale
  • Listing Provided by: 

    Devan Bond DRE #01358556 310-741-7900,

    Premier Agent Network

    Price cut: $50K (8/10)
    $945,000

    23551 Avenida La Caza UNIT 129, Trabuco Canyon, CA 92679

    3beds
    1,780sqft
    : 
    Triplex
    Built in 1977
    -- sqft lot
    $938,800 Zestimate®
    $531/sqft
    $695/mo HOA

    What's special

    Exclusive gated communityRolling hillsEquestrian trails
    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.
    32 days
    on Zillow
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    Zillow last checked: 7 hours ago

    Listing updated: August 10, 2025 at 05:30pm

    Listing Provided by:

    Devan Bond DRE #01358556 310-741-7900,

    Premier Agent Network

    Source: CRMLS,MLS#: OC25156803MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 23551 Avenida La Caza UNIT 129.

    Next available tour time:Today at 11am

    Open houses

    • Sun, Aug 17

      2:00 PM - 4:00 PM

    • Sun, Aug 24

      2:00 PM - 4:00 PM

    • Sun, Aug 31

      2:00 PM - 4:00 PM

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Entry/Foyer, Foyer, Living Room, Primary Bedroom, Other, Pantry
    Primary bedroom
    • Features: Primary Suite
    Primary bedroom
    • Features: Main Level Primary
    Primary bedroom
    • Features: Multiple Primary Suites
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathtub, Tub Shower, Vanity
    Kitchen
    • Features: Granite Counters, Remodeled, Updated Kitchen, Walk-In Pantry
    Other
    • Features: Walk-In Closet(s)
    Pantry
    • Features: Walk-In Pantry
    Heating
    • Ductless, Electric, ENERGY STAR Qualified Equipment, Zoned
    Cooling
    • Ductless, Electric, ENERGY STAR Qualified Equipment, Zoned
    Appliances
    • Included: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Electric Oven, Electric Range, Electric Water Heater, Disposal, High Efficiency Water Heater, Refrigerator, Water Heater, Dryer
    • Laundry: Common Area, In Garage
    Features
    • Beamed Ceilings, Wet Bar, Breakfast Bar, Balcony, Cathedral Ceiling(s), Granite Counters, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Storage, Bedroom on Main Level, Entrance Foyer, Main Level Primary, Multiple Primary Suites, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
    • Flooring: Carpet, Laminate
    • Doors: Panel Doors, Sliding Doors
    • Windows: Double Pane Windows, Screens
    • Has fireplace: Yes
    • Fireplace features: Family Room, Propane
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total interior livable area: 1,780 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Assigned, Asphalt, Door-Single, Driveway, Garage, Garage Door Opener, Oversized, Tandem, Uncovered
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Courtyard
    • Patio & porch: Deck, Enclosed, Wood, Wrap Around
    • Pool features: Association
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: City Lights, Courtyard, Pool
    Lot
    • Size: 2.87 Acres
    • Features: 2-5 Units/Acre, Landscaped
    Details
    • Parcel number: 93599041
    • Special conditions: Standard
    • Horse amenities: Riding Trail

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Bungalow,Cape Cod,Cottage,Traditional
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Materials
    • Hardboard
    • Foundation: Concrete Perimeter, Permanent
    • Roof: Composition,Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1977

    Utilities & green energy

    • Electric: 220 Volts in Garage, 220 Volts in Kitchen
    • Sewer: Sewer Tap Paid
    • Water: Public
    • Utilities for property: Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
    Green energy
    • Energy efficient items: Appliances, Water Heater

    Community & HOA

    Community
    • Features: Biking, Curbs, Dog Park, Foothills, Golf, Hiking, Horse Trails, Park, Rural, Ravine, Storm Drain(s), Suburban, Sidewalks, Gated
    • Security: Fire Detection System, Gated with Guard, Gated Community, Smoke Detector(s)
    • Subdivision: Village
    HOA
    • Has HOA: Yes
    • Amenities included: Controlled Access, Dog Park, Jogging Path, Maintenance Front Yard, Pool, Guard, Security
    • Services included: Pest Control
    • HOA fee: $465 monthly
    • HOA name: Villa Serena Townhomes
    • HOA phone: 714-716-4789
    • Second HOA fee: $230 monthly
    • Second HOA name: Cdc Community Hoa
    • Second HOA phone: 714-716-4789
    Location
    • Region: Trabuco Canyon

    Financial & listing details

    • Price per square foot: $531/sqft
    • Tax assessed value: $391,590
    • Annual tax amount: $4,000
    • Date on market: 7/12/2025
    • Listing terms: Cash to New Loan
    • Road surface type: Paved
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