$10,500,000
SOLD AUG 1, 2018
7 Beds
5 Baths
12,307 Sq Ft
0.29 Acres

Recently Sold

$853 Per Sq Ft

5% Below List Price

15 Days on Market

Highlights

  • 12,632 Sq Ft lot
  • No HOA
  • Landscaped
  • El Morro Elementary School Rated A+
  • Laundry Room
  • 4-minute walk to Ruby Street Park

About This Home

As of August 2018

222 Arch Street is a 13-unit multifamily investment property located in Laguna Beach, one of the premiere coastal housing markets nationwide. Built in 1971 and renovated in 2016-2017, 222 Arch Street offers investors the opportunity to capitalize on strong market trends, capture a prosperous tenant base and exceptional renovations that should increase rental income by approximately 13 percent. This offering represents a rare opportunity to add value to an already highly finished property in a market where similar opportunities are made available only once or twice per year.
Situated on a 0.29-acre lot, the 12,307 square foot property consists of two-bedroom and three-bedroom floor plans offering unparalleled ocean views. The Property offers an attractive range of in-unit upgrades such as new quartz countertops, crisp white cabinetry, and stainless GE appliances. Common area amenities include private garage parking, drought tolerant landscaping and a charming courtyard with outdoor seating.

Last Agent to Sell the Property

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 05/07/2018

Last Buyer's Agent

Mario Pinedo

Muller Realtors and Management License #01118365

Muller Realtors and Management

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.29 Acre Lot
  • No Common Walls
  • Landscaped

Parking

  • 14 Car Garage

Interior Spaces

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

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Private Sewer

Listing and Financial Details

  • Legal Lot and Block 11 / 18
  • Tax Tract Number 6262
  • Assessor Parcel Number 65611206

Community Details

Overview

  • No Home Owners Association
  • 13 Units

Building Details

  • 13 Leased Units
  • 13 Separate Electric Meters
  • 13 Separate Gas Meters
  • Electric Expense $1,950
  • Fuel Expense $1,950
  • Insurance Expense $4,550
  • Maintenance Expense $6,500
  • Other Expense $7,600
  • Professional Management Expense $12,000
  • Trash Expense $1,950
  • Water Sewer Expense $1,950
  • New Taxes Expense $118,897
  • Operating Expense $157,347
  • Gross Income $540,660
  • Net Operating Income $367,093

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Parking

14

Listing Details

  • Professional Management Expense: 12000.00
  • Property Attached: No
  • Subdivision Name Other: Arch Beach Heights (ABH)
  • Water Sewer Expenses: 1950.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 65611206
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 3
  • Common Walls: No Common Walls
  • Levels: Three Or More
  • Price Per Square Foot: 853.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 14.00
  • Total Parking Spaces: 14.00

Utilities

  • Laundry: Yes
  • Laundry Features: Stackable
  • Sewer: Private Sewer
  • Trash Expense: 1950.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 12632.40

Multi Family

  • Electric Expense: 1950.00
  • Fuel Expense: 1950.00
  • Gross Income: 540660.00
  • Gross Operating Income: 524440.00
  • Gross Scheduled Income: 540660.00
  • Insurance Expense: 4550.00
  • Maintenance Expense: 6500.00
  • Net Operating Income: 367093.00
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 13
  • Number Of Units Leased: 13
  • Number Of Units Total: 13
  • Operating Expense: 157347.00
  • Other Expense: 7600.00
  • Rent Control: No
  • Total Actual Rent: 45055.00
  • Total Expenses: 157347.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 118897.00
  • Tax Block: 18
  • Tax Census Tract: 626.20
  • Tax Lot: 11
  • Tax Tract Number: 06262

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
07/28/2025 07/28/25 Price Changed $11,500,000 0.0% $934 / Sq Ft
07/22/2025 07/22/25 For Rent $4,500 0.0% --
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 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: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18106872

California Regional Multiple Listing Service (CRMLS)

APN: 656-112-06