NOT LISTED FOR SALE

Estimated Value: $2,707,000 - $3,395,000

5 Beds
3 Baths
2,400 Sq Ft
$1,267/Sq Ft Est. Value

Last Sold June 17, 2019

Last sale price $1,900,000 $792 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $18,473/month

6 Days on Market

Highlights

  • White Water Ocean Views
  • Main Floor Bedroom
  • Corner Lot
  • El Morro Elementary School Rated A+
  • Living Room with Attached Deck
  • No HOA

About This Home

As of June 2019

Fantastic ocean view triplex with old Laguna charm! Detached home in front with separate duplex behind. Potential to live in one and rent the others! Front detached cottage is 2 bedroom, 1 bath with its own laundry, fireplace in living room and large front deck/yard with great ocean views. Back duplex consists of a spacious 2 bedroom, 1 bath upstairs apartment with white water ocean views and a one bedroom legal non-conforming unit downstairs, plus a two car garage with laundry and ample storage space off the back alley. Property has been meticulously maintained and is in excellent condition, but with plenty of room for upgrade potential; it will be a dream for a future Landlord or user. Come enjoy this highly sought after North Laguna location within a short walk to the beach, restaurants, and grocery store.

Last Agent to Sell the Property

Nicola Willhoit

The W Collection, Inc. License #01325516 Listed on: 04/06/2019

Last Buyer's Agent

NoEmail NoEmail

Outside Area Listings License #N/A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,834

Year Built

  • Built in 1954

Lot Details

  • 4,356 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Wood Fence
  • Corner Lot

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • White Water Ocean
  • Panoramic
  • City Lights
  • Hills
  • Neighborhood

Home Design

  • Triplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Ceiling Fan
  • French Doors
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Storage

Kitchen

  • Electric Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Living Room Balcony
  • Patio
  • Exterior Lighting
  • Shed

Schools

  • El Morro Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 481
  • Assessor Parcel Number 49613111

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,834

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Subdivision Name Other: North Laguna (NL)
  • View: Yes
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 49613111
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2400.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Ceiling Fan(s), Crown Molding, Living Room Balcony, Living Room Deck Attached, Storage
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 791.67
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Master Bedroom
  • Bathroom Features: Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Shed(s), Storage
  • View: City Lights, Hills, Neighborhood, Ocean, Panoramic, White Water
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Rear, Garage Door Opener
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Disposal, Gas Range, Range Hood, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Garage, In Kitchen, Inside, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Laguna Beach Unified
  • Elementary School: El Morro
  • Middle School: Thurston
  • High School: Laguna Beach
  • Elementary School: El Morro
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: ELMOR
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4356.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 11
  • Tax Tract Number: 481

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2022
Sold by
Decosta Leiter Robert and Decosta Ann Maleia
Bought by
Leiter Family Trust
Current Estimated Value
$3,041,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,404,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 6, 2019
Closed on
May 28, 2019
Sold by
Barr Charles M
Bought by
Leiter Robert Decosta and Leiter Maleia Ann
Seller's Agent
Nicola Willhoit
The W Collection, Inc.
Buyer's Agent
NoEmail NoEmail
Outside Area Listings
List Price
$1,799,000
Sold Price
$1,900,000
Premium/Discount to List
$101,000
5.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$1,425,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Leiter Family Trust -- Lawyers Title
Leiter Robert Decosta -- Lawyers Title
Leiter Robert Decosta $1,900,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Leiter Family Trust $1,404,000
Previous Owner Leiter Robert Decosta $1,425,000
Previous Owner Barr Charles M $280,000
Previous Owner Barr Charles M $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2019 06/17/19 Sold $1,900,000 +5.6% $792 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
04/06/2019 04/06/19 For Sale $1,799,000 -- $750 / Sq Ft
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 $22,834 $2,119,483 $2,014,186 $105,297
2024 $22,834 $2,077,925 $1,974,692 $103,233
2023 $22,765 $2,037,182 $1,935,973 $101,209
2022 $22,236 $1,997,238 $1,898,013 $99,225
2021 $21,712 $1,958,077 $1,860,797 $97,280
2020 $21,378 $1,938,000 $1,841,717 $96,283
2019 $5,808 $408,081 $311,392 $96,689
2018 $5,668 $400,080 $305,286 $94,794
2017 $5,523 $392,236 $299,300 $92,936
2016 $5,386 $384,546 $293,432 $91,114
2015 $5,268 $378,770 $289,024 $89,746
2014 $5,146 $371,351 $283,363 $87,988
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG19079452

California Regional Multiple Listing Service (CRMLS)

APN: 496-131-11