$11,950,000
$400K PRICE DROP

Estimated payment $78,521/month

Total Views 6,662
-- Bed
-- Bath
12,307 Sq Ft
$971 Price per Sq Ft

About This Home

222 Arch Street in Laguna Beach is a 13-unit complex nestled atop Pacific Coast Hwy overlooking the Pacific Ocean in one of the premiere coastal housing markets in the nation. Built in 1971, this complex has an outstanding unit mix of 100% two- and three- bedroom units, with an average square foot per unit of almost 1,000 square feet. All units have a luxurious ocean view and in unit stacked washer and dryer. Units also have private balconies and individual rollup door garage parking. There have been recent interior renovations including new granite countertops and cabinets, new flooring, new custom bathroom tile, vanities and lighting. The stainless-steel appliance package includes stovetop oven, built in microwave, dishwasher, sink and faucet, and refrigerator. The updated exterior has a nice sign package, double pane vinyl windows and an interior courtyard with seating area and BBQ. The property's Class A location in Laguna Beach puts the property near major retail, educational and employment opportunities. 222 Arch street is short walk to many small beaches, Surf and Sand Resort Laguna Beach and the Montage Laguna Beach. Continuing in either direction takes you to Main Beach Laguna and Dana Point Harbor. The mild climate, walkable main beach area, scenic coves, and great beaches make Laguna Beach one of the most desirable communities for everyone. There is approximately 380 square feet of space that was previously used as a laundry room and a storage room, both of which have active plumbing and drainage. The space also includes electrical wiring, recessed lighting, and two slider windows that could be suitable for a living area and a bathroom. The former laundry room could potentially be converted into a bathroom, and the shared plumbing wall may allow for the installation of a kitchenette in the larger storage room. As a studio layout, no additional walls would be required aside from a door separating the two rooms. The drywall and lighting were recently completed with permits and inspected by the city. If converted into an ADU, there would still be an additional small storage area available near Unit 10 for essential building supplies.

Listing Agent

Daniel Withers

Matthews Real Estate Investment Services License #01325901 Listed on: 03/10/2025

Co-Listing Agent

Mark Bridge

Mark Bridge, Broker License #01316702

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.31 Acre Lot

Parking

  • 14 Parking Spaces

Home Design

  • Split Level Home

Interior Spaces

  • 12,307 Sq Ft Home
  • 3-Story Property

Community Details

  • 13 Units

Listing and Financial Details

  • Assessor Parcel Number 656-112-06

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 12307
  • Lot Acreage: 0.3100
  • Stories: 3
  • Year Built: 1971
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 970.99

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Total Parking: 14

Utilities

  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 23.81
  • Assessed Improvement Value: 2734114
  • Assessed Land Percent: 76.19
  • Assessed Land Value: 8749169
  • Total Assessed Value: 11483283
  • Assessor Parcel Number: 656-112-06
  • Lot Size Area: 13504

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 18.44
  • Number Of Units: 13
  • Total Annual Expense: 205874
  • Type Of Units: Apartments
  • Vacancy Rate: 2%

Map

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
06/14/2025 06/14/25 Price Changed $4,500 0.0% $4 / Sq Ft
06/12/2025 06/12/25 Price Changed $11,950,000 0.0% $971 / Sq Ft
06/01/2025 06/01/25 Rented $4,000 0.0% --
04/17/2025 04/17/25 For Rent $4,000 -16.7% --
04/11/2025 04/11/25 For Rent $4,800 0.0% --
03/10/2025 03/10/25 For Sale $12,350,000 +17.6% $1,003 / Sq Ft
08/01/2018 08/01/18 Sold $10,500,000 -4.5% $853 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $11,000,000 -- $894 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25509615

The MLS

APN: 656-112-06