$4,360,000 - $5,549,000
RENTED JUN 5, 2025
3 Beds
3 Baths
1,709 Sq Ft
$2,921 Price per Sq Ft

Highlights

  • Ocean View
  • Heated Spa
  • Wood Flooring
  • Top Of The World Elementary School Rated A
  • Two Primary Bedrooms
  • 1-minute walk to Ruby Street Park

About This Home

As of June 2025

Charming Oceanfront Cottage in Woods Cove – 1990 Ocean Way, Laguna Beach
Experience coastal living at its finest in this stunning 3-bedroom, 3-bathroom beach cottage located in the highly sought-after Woods Cove neighborhood of Laguna Beach. Nestled on the corner of Diamond and Ocean Way, this two-story retreat is just steps from the beach with breathtaking ocean views from the breakfast nook, living room, and primary suite.
This home exudes warmth and elegance with rich wood flooring throughout and a gourmet kitchen featuring built-in appliances, perfect for culinary enthusiasts. Two of the three bedrooms offer ensuite bathrooms, including a spacious primary suite with mesmerizing ocean vistas. The lower-level bedroom opens to a private sitting area, providing a tranquil escape.
Enjoy the expansive backyard, ideal for al fresco dining and entertaining, or unwind in the above-ground Jacuzzi on cool coastal evenings. With its unbeatable location just across from the entrance to Woods Cove, this charming cottage offers the perfect blend of beachside serenity and modern comfort.
Don't miss this rare opportunity to lease a piece of paradise in Laguna Beach!

Last Agent to Rent the Property

Jeffrey Bhaedhayajibh

Jeffrey Bhaedhayajibh, Broker Brokerage Phone: 714-269-2545 License #01369733 Listed on: 02/04/2025

Last Renter's Agent

JEFFREY BHAEDHAYAJIBH

Jeffrey Bhaedhayajibh, Broker License #01369733

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,259

Year Built

  • Built in 1948

Lot Details

  • 4,450 Sq Ft Lot
  • Corner Lot
  • Drip System Landscaping
  • Sprinkler System
  • Back and Front Yard

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Driveway
  • On-Street Parking

Property Views

  • Ocean
  • Coastline

Home Design

  • Bungalow
  • Entry on the 2nd floor

Interior Spaces

  • 1,709 Sq Ft Home
  • 1-Story Property
  • Furniture Can Be Negotiated
  • Ceiling Fan
  • Gas Fireplace
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Built-In Trash or Recycling Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Stone Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated Spa
  • Above Ground Spa

Schools

  • Top Of The World Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • South Laguna Village Subdivision

Listing and Financial Details

  • Security Deposit $20,000
  • 12-Month Minimum Lease Term
  • Available 2/15/25
  • Tax Lot 11
  • Tax Tract Number 763
  • Assessor Parcel Number 64427611

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,259

Year Built

Built in 1948

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2025-02-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 1500
  • Deposit Security: 20000
  • Furnished: Negotiable
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Subdivision Name Other: South Laguna Village (SLV)
  • View: Yes
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 64427611
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1709.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 2
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 14.63
  • Room Type: Entry, Kitchen, Living Room, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Two Primaries, Walk-In Closet
  • Spa Features: Private, Above Ground, Heated
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Main Floor Full Bath, Remodeled, Stone Counters
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters

Exterior Features

  • View: Coastline, Ocean
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking Features: Driveway, Garage, Street
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • Elementary School: Top Of The World
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: TOTW
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Sprinklers Drip System, Walkstreet
  • Lot Size Sq Ft: 4450.00
  • Lot Size Acres: 0.1022

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months, 6 Months, Seasonal, Short Term Lease, Vacation Rental
  • Lot Size Area: 4450.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.20
  • Tax Lot: 11
  • Tax Tract Number: 763

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2024
Sold by
Bridget Herdman Living Trust and Bhaedhayajibh Bridget Herdman
Bought by
1990 Ocean Way Llc
Current Estimated Value
$4,921,779

Purchase Details

Closed on
Jan 13, 2023
Sold by
Herdman Bridget Irene
Bought by
Bridget Herdman Living Trust

Purchase Details

Closed on
Oct 25, 2021
Sold by
Herdman Robert W and Herdman Deborah L
Bought by
Herdman Robert William and Herdman Deborah Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2020
Sold by
Herdman Robert W and Herdman Deborah L
Bought by
Herdman Robert W and Herdman Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2012
Sold by
Herdman Robert William and Herdman Deborah Louise
Bought by
Herdman Robert W and Herdman Deborah L

Purchase Details

Closed on
Jul 13, 2004
Sold by
Elsen Timothy W
Bought by
Herdman Robert William and Herdman Deborah Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 1997
Sold by
Elsen Timothy W
Bought by
Elsen Timothy W and Herdman Robert William
Source: Public Records

Range of Values:

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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
1990 Ocean Way Llc -- None Listed On Document
Bridget Herdman Living Trust -- --
Herdman Robert William -- First Amer Ttl Co Glendale
Herdman Bridget Irene -- First American Ttl Glendale
Herdman Robert W -- Amrock Inc
Herdman Robert W -- Amrock Inc
Herdman Robert W -- None Available
Herdman Robert William -- Ticor Title Co Fullerton
Elsen Timothy W -- --
Elsen Timothy W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herdman Robert William $1,700,000
Previous Owner Herdman Robert W $590,000
Previous Owner Herdman Robert William $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Rented $25,000 +25.0% --
02/04/2025 02/04/25 For Rent $20,000 -- --
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 $43,259 $4,244,832 $4,121,890 $122,942
2024 $43,259 $4,161,600 $4,041,068 $120,532
2023 $42,565 $4,080,000 $3,961,831 $118,169
2022 $16,811 $1,549,931 $1,422,788 $127,143
2021 $16,428 $1,519,541 $1,394,891 $124,650
2020 $16,193 $1,503,960 $1,380,588 $123,372
2019 $15,889 $1,474,471 $1,353,518 $120,953
2018 $15,564 $1,445,560 $1,326,978 $118,582
2017 $15,238 $1,417,216 $1,300,959 $116,257
2016 $14,932 $1,389,428 $1,275,450 $113,978
2015 $14,688 $1,368,558 $1,256,292 $112,266
2014 $14,395 $1,341,750 $1,231,683 $110,067
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25023474

California Regional Multiple Listing Service (CRMLS)

APN: 644-276-11