NOT LISTED FOR SALE

Estimated Value: $2,448,000 - $3,994,000

1 Bed
1 Bath
400 Sq Ft
$7,720/Sq Ft Est. Value

Highlights

  • White Water Ocean Views
  • All Bedrooms Downstairs
  • No HOA
  • Top Of The World Elementary School Rated A
  • Deck
  • Cottage

About This Home

As of January 2021

Charming Guest Cottage on Ocean Front Property. Ocean, Catalina and White Water views from this Studio Cottage for Lease. Private Entrance and Private Ocean View Deck. Located in the Heart of Laguna Beach, walking distance to everything. Hardwood flooring, Quaint Kitchen and Bath. Listen to the waves and sounds of the ocean. Please No Pets and No Smoking. It is a wonderful Hideaway in the middle of Town. Please Text for appointments.

Last Agent to Rent the Property

Mark Miller

The W Collection, Inc. License #01248234 Listed on: 01/21/2021

Last Renter's Agent

Mark Miller

The W Collection, Inc. License #01248234 Listed on: 01/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,370

Year Built

  • Built in 1924

Lot Details

  • 6,887 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Density is 2-5 Units/Acre

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Cottage

Interior Spaces

  • 400 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • All Bedrooms Down
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Patio
  • Porch

Additional Features

  • Urban Location
  • No Heating

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Security Deposit $5,000
  • Rent includes all utilities
  • 12-Month Minimum Lease Term
  • Available 1/17/21
  • Legal Lot and Block 5 / 2
  • Tax Tract Number 83
  • Assessor Parcel Number 64407503

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,370

Year Built

Built in 1924

Lot Details

0

Rental Info

  • Cashiers Check: Credit Report, Security Deposit
  • Available Date: 2021-01-17
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 5000
  • Furnished: Unfurnished
  • Total Move In Costs: 7500.00

Listing Details

  • Structure Type: Multi Family
  • Other Phone Description: 9492802247
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • View: Yes
  • Architectural Style: Cottage
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 64407503
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 400.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 6.25
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Deck, Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6887.00
  • Lot Size Acres: 0.1581

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 6887.0000 Square Feet
  • Number Of Units In Community: 3
  • Number Of Units Total: 1
  • Rent Includes: All Utilities

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 626.19
  • Tax Lot: 5
  • Tax Tract Number: 83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2003
Sold by
Lavitt Marty and Lavitt Penny
Bought by
Lavitt Martin and Lavitt Penny
Current Estimated Value
$3,087,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$843,385
Outstanding Balance
$386,710
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,789,072

Purchase Details

Closed on
Oct 31, 2002
Sold by
Lavitt Martin and Lavitt Penny
Bought by
Lavitt Martin and Lavitt Penny

Purchase Details

Closed on
Aug 22, 1994
Sold by
Taschner Bruce
Bought by
Lavitt Mary and Lavitt Penny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 1993
Sold by
Crevier Donald J and Crevier Sally
Bought by
Taschner Bruce

Purchase Details

Closed on
Jun 22, 1993
Sold by
Crevier Donald J and Crevier Sally
Bought by
Taschner Bruce
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lavitt Martin -- --
Lavitt Marty -- American Title
Lavitt Martin -- --
Lavitt Mary $1,200,000 Old Republic Title Company
Taschner Bruce -- Chicago Title Company
Taschner Bruce -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lavitt Martin $417,000
Open Lavitt Marty $843,385
Closed Lavitt Penny $846,700
Previous Owner Lavitt Mary $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Rented $2,500 0.0% --
01/25/2021 01/25/21 Under Contract -- -- --
01/21/2021 01/21/21 For Rent $2,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,370 $2,015,662 $1,870,287 $145,375
2024 $22,370 $1,976,140 $1,833,615 $142,525
2023 $22,457 $1,937,393 $1,797,662 $139,731
2022 $21,896 $1,899,405 $1,762,413 $136,992
2021 $21,342 $1,862,162 $1,727,856 $134,306
2020 $20,972 $1,843,068 $1,710,139 $132,929
2019 $20,551 $1,806,930 $1,676,607 $130,323
2018 $20,114 $1,771,500 $1,643,732 $127,768
2017 $19,671 $1,736,765 $1,611,502 $125,263
2016 $19,253 $1,702,711 $1,579,904 $122,807
2015 $18,917 $1,677,135 $1,556,172 $120,963
2014 $18,526 $1,644,283 $1,525,689 $118,594
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG21010744

California Regional Multiple Listing Service (CRMLS)

APN: 644-075-03