The property was originally a home with a carriage house. Currently it is set up as a stand alone 2 bd home, plus a duplex with 2 one bedroom units. The lower unit of the duplex is a converted garage. With minor upgrades, the lower unit could be much nicer. The duplex has a shared yard. If this could be converted to two smaller yards, that would be better. The location in Laguna Beach is hard to beat. It is 9 blocks to downtown and is 2.5 blocks to the beach. It is close to restaurants and shopping. The roof of the duplex section needs replacement, and every unit needs heat; otherwise the property is in good shape. Laguna Beach commands higher prices and the location of this property is premium. It is currently listed at $3.2M but the seller is motivated. I think she would take $2.9, maybe $2.8M. This is a buy side transaction. The owner listed with another agent.