OCEAN VIEWS !! NORTH LAGUNA!! SOUTH OF COAST HIGHWAY!! This Amazing property has it all! Situated on one of the most sought after streets in North Laguna! 134-136-138 Wave Street is currently a legal Triplex with a bonus unpermitted one bedroom/bath. Enjoy a leisurely stroll to the Beach, Heisler Park, Shaw's Cove and Crescent Bay! This triplex has been family-owned for over 50 years and has had minimal updating. It consists of (three) units plus a BONUS! Up front is a two-story duplex with (two) 2-Bedroom/1-bath units--one with an attached garage, and one with an unattached garage. The rear unit consists of (one) 2-bedroom/1-Bath upstairs unit with a garage. And the BONUS of an "unpermitted" 1-bedroom/1-bath. This property presents a once-in-a-lifetime North Laguna opportunity for someone who wants to update this triplex for incredible income potential, or make it their vacation home by the sea! Enjoy everything Laguna Beach has to offer--pristine & famed beaches, gourmet dining, art galleries, the Sawdust Festival and Pageant of the Masters!