$3,250,000
SOLD SEP 3, 2024 RENTED JUL 5, 2025
6 Beds
4 Baths
2,415 Sq Ft
4,352 Sq Ft Lot

Recently Sold

$1,346 Per Sq Ft

7% Below List Price

110 Days on Market

Highlights

  • Open Floorplan
  • High Ceiling
  • Neighborhood Views
  • El Morro Elementary School Rated A+
  • Private Yard
  • Hiking Trails

About This Home

As of September 2024

103-105 High Drive - an incredible investment opportunity! For anyone looking for a co-op or opportunity to own one unit and rent out the other, look no further than 103-105 High Drive! This beautiful duplex is located just walking distance from Main Beach, Heisler Park and so many fabulous restaurants, shops and art galleries! Each unit features 3 bedrooms, 2 full bathrooms, a private balcony and private yard that amplifies an indoor-outdoor coastal experience. You will love the open-concept living space with vaulted ceilings and light that shines through the large windows of the family and dining room of the main floor. The kitchens have been upgraded to compliment the fantastic living spaces. The primary suites are situated on the top floor, while the secondary guest bedrooms are located on the main level. The lower level features an additional bedroom to complete the 6 bedroom duplex. This is such a rare opportunity to own real estate in a world renowned destination that vacationers seek to enjoy!

Last Agent to Sell the Property

Donald A. Bowen

Re/Max Real Estate Group Brokerage Phone: 949-290-9754 License #01317912 Listed on: 04/16/2024

Re/Max Real Estate Group

Last Buyer's Agent

VERA YI

INNODUET PROPERTIES License #01974904

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 4,352 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Duplex
  • Planned Development

Interior Spaces

  • 2,415 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • High Ceiling
  • Family Room with Fireplace
  • Living Room Balcony
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 700
  • Assessor Parcel Number 49617311

Community Details

Overview

  • 2 Units
  • North Laguna Subdivision

Recreation

  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $6,000
  • Operating Expense $6,000
  • Net Operating Income $144,010

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 1749500
  • Property Attached: No
  • Subdivision Name Other: North Laguna (NL)
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 49617311
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: High Ceilings, Living Room Balcony, Open Floorplan
  • Stories: 3
  • Entry Location: Side
  • Common Walls: No Common Walls
  • Entry Level: 2
  • Fireplace Features: Family Room
  • Price Per Square Foot: 1345.76

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Hiking, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 4352.00
  • Lot Size Acres: 0.0999

Multi Family

  • Gross Scheduled Income: 195000.00
  • Insurance Expense: 6000.00
  • Lot Size Area: 4352.0000 Square Feet
  • Net Operating Income: 144010.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 44990.00
  • Rent Control: No
  • Total Expenses: 6000.00

Tax Info

  • Tax Census Tract: 626.05
  • Tax Lot: 14
  • Tax Tract Number: 700

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2025 07/05/25 Under Contract -- -- --
05/02/2025 05/02/25 Price Changed $6,000 -11.1% $4 / Sq Ft
04/10/2025 04/10/25 For Rent $6,750 0.0% --
09/03/2024 09/03/24 Sold $3,250,000 -7.1% $1,346 / Sq Ft
04/16/2024 04/16/24 For Sale $3,499,000 -- $1,449 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24066189

California Regional Multiple Listing Service (CRMLS)

APN: 496-173-11