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
MLS #
CROC25156803
MLS Source
California Regional MLS
Days on Site
40
Bedrooms
Ground Floor Bedroom, Primary Suite/Retreat, Primary Suite/Retreat - 2+
Kitchen
Pantry
Appliances
Dishwasher, Garbage Disposal, Oven - Electric, Oven Range - Electric, Refrigerator, Dryer
Dining Room
Breakfast Bar, Other
Fireplace
Family Room, Other
Flooring
Laminate
Laundry
In Garage, Laundry Area
Cooling
Central Forced Air - Electric, Other
Heating
Electric, Other
Roof
Composition, Shingle
Foundation
Concrete Perimeter, Permanent
Pool
Community Facility
Style
Bungalow, Cape Cod, Cottage, Traditional
Garage/Parking
Assigned Spaces, Garage, Gate/Door Opener, Other, Room for Oversized Vehicle, Garage: 2 Car(s)
Elementary District
Capistrano Unified
High School District
Capistrano Unified
HOA Fee
$465
HOA Fee Frequency
Monthly
Complex Amenities
Community Pool
23551 Avenida La Caza 129 is a Triplex in Coto de Caza, CA 92679. This 1,780 square foot property sits on a 2.869 Acres Lot and features 3 bedrooms & 3 full bathrooms. It is currently priced at $945,000 and was built in 1977.
This address can also be written as 23551 Avenida La Caza #129, Coto de Caza, CA 92679.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 18, 2025. For the most current information, please contact Devan Bond