NOT LISTED FOR SALE

212 N Coast Hwy Unit 275Accee Laguna Beach, CA 92651

Main Beach Neighborhood

Estimated Value: $9,533,467

1 Bed
1 Bath
825 Sq Ft
$11,556/Sq Ft Est. Value

Highlights

  • Ocean View
  • No HOA
  • Cats Allowed
  • El Morro Elementary School Rated A+
  • Laundry Room
  • 2-minute walk to Main Beach Park

About This Home

As of July 2018

Laguna Beach prime main beach area, ocean front!! Amazing white water views of the whales and dolphins!! Huge cottage in a gated community with the best view currently available in Laguna Beach! Oceanfront Laguna Beach at the Main Beach! Extra large 1 bedroom that has been remodeled beautifully with its old world charm! Oversized eat-in kitchen with all new appliances, new paint, modern laminate flooring, baseboards and crown molding throughout. Beautiful large master bedroom and bathroom. Whitewater views from the bedroom, living room, kitchen, and hallways. Watch the waves crash along Main Beach or check out what's going on downtown, all just steps away! This is an extremely charming building with incredible grounds and privately gated! Historically renowned building lovingly known as "The Villas".

Last Agent to Rent the Property

Tara Blair

Compass License #00805703 Listed on: 06/01/2018

Compass

Co-Listed By

Diane Cannon

Compass License #01090918

Last Renter's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $67,477

Year Built

  • Built in 1928

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Security Fence
  • Density is 11-15 Units/Acre

Property Views

  • Ocean
  • Coastline
  • City Lights

Home Design

  • Apartment

Interior Spaces

  • 825 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Wall Furnace

Listing and Financial Details

  • Security Deposit $3,495
  • Rent includes gardener
  • 12-Month Minimum Lease Term
  • Available 6/1/18
  • Tax Lot 2
  • Tax Tract Number 208
  • Assessor Parcel Number 49601203

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Amenities

  • Laundry Facilities

Pet Policy

  • Pet Deposit $500
  • Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$67,477

Year Built

Built in 1928

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2018-06-01
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 3495
  • Furnished: Unfurnished
  • Pets Allowed: Cats OK
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Laguna (NL)
  • View: Yes
  • Zoning: C-1
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 49601203
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 825.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 4.36
  • Room Type: All Bedrooms Down, Kitchen

Exterior Features

  • View: City Lights, Coastline, Ocean
  • Fence: Yes
  • Fencing: Security
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 7405.00

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 12
  • Number Of Units Total: 1
  • Rent Includes: Gardener

Tax Info

  • Tax Census Tract: 626.05
  • Tax Lot: 2
  • Tax Tract Number: 208

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2013
Sold by
L B Villas Llc
Bought by
Pacific Diversified #8 Llc
Current Estimated Value
$9,533,467

Purchase Details

Closed on
Jun 3, 2005
Sold by
Flynn Michael P
Bought by
L B Villas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 2005
Sold by
Flynn Michael P
Bought by
L B Villas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 2005
Sold by
Flynn Deena
Bought by
Flynn Michael P

Purchase Details

Closed on
Jan 3, 2005
Sold by
Park Region Homes Llc
Bought by
Flynn Michael P

Purchase Details

Closed on
Jul 9, 2001
Sold by
Olennick James H and Olennick Maria Elena
Bought by
Park Region Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,115,000
Interest Rate
7.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 1996
Sold by
Jordan Smith Diane
Bought by
Olennick James H and Olennick Maria Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
7.97%
Mortgage Type
Seller Take Back
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
Pacific Diversified #8 Llc $4,500,000 Lawyers Title Company
L B Villas Llc -- --
L B Villas Llc -- --
Flynn Michael P -- Chicago Title Co Irvine
Flynn Michael P $5,350,000 Chicago Title Co Irvine
Park Region Homes Llc -- Chicago Title Co
Olennick James H $1,070,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacific Diversified No 8 Llc $3,750,000
Closed Pacific Diversified #8 Llc $3,000,000
Previous Owner Flynn Michael P $1,400,000
Previous Owner Park Region Homes Llc $2,340,000
Previous Owner Park Region Homes Llc $1,115,000
Previous Owner Olennick James H $345,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2018 07/17/18 Rented $3,595 -5.3% --
06/01/2018 06/01/18 For Rent $3,795 -- --
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 $67,477 $5,516,383 $4,658,283 $858,100
2024 $67,477 $5,408,219 $4,566,944 $841,275
2023 $65,207 $5,302,176 $4,477,396 $824,780
2022 $63,844 $5,198,212 $4,389,604 $808,608
2021 $60,530 $5,096,287 $4,303,534 $792,753
2020 $59,946 $5,044,031 $4,259,406 $784,625
2019 $58,657 $4,945,129 $4,175,888 $769,241
2018 $57,353 $4,848,166 $4,094,008 $754,158
2017 $56,019 $4,753,104 $4,013,733 $739,371
2016 $54,756 $4,659,906 $3,935,032 $724,874
2015 $53,728 $4,589,910 $3,875,924 $713,986
2014 $52,529 $4,500,000 $3,800,000 $700,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18121091

California Regional Multiple Listing Service (CRMLS)

APN: 496-012-03