$2,750,000
SOLD MAY 5, 2022
1 Bed
1 Bath
1,376 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$1,999 Per Sq Ft

8% Below List Price

26 Days on Market

Highlights

  • White Water Ocean Views
  • Fireplace in Kitchen
  • Wood Flooring
  • El Morro Elementary School Rated A+
  • Property is near public transit
  • No HOA

About This Home

As of May 2022

FIRST TIME ON THE MARKET. LAGUNA BEACH MULTI-UNIT INCOME PROPERTY WITH INCREDIBLE VIEWS. Orginal Laguna Beach multi-unit income property located on Lower Cliff Drive with incredible views of main beach Laguna and the south coast. Street to street property within walking distance to downtown Laguna Beach shopping district and restaurants. Property is being sold AS-IS.

Last Agent to Sell the Property

Harold Noriega

Compass License #01494239 Listed on: 03/10/2022

Compass

Last Buyer's Agent

Azita Sadeghi

Compass License #01444611

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Lot Sloped Down
  • Value in Land

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Triplex
  • Cottage
  • Major Repairs Completed
  • Fixer Upper
  • Wood Siding

Interior Spaces

  • 1,376 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Additional Features

  • Exterior Lighting
  • Property is near public transit
  • Wall Furnace

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Main Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / A
  • Tax Tract Number 208
  • Assessor Parcel Number 49601208
  • $10,615 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 998333
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Subdivision Name Other: Main Beach (BCH)
  • View: Yes
  • Architectural Style: Cottage
  • Property Condition: Fixer, Repairs Major
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 49601208
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Fireplace Features: Kitchen, Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 1998.55
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • Pool Private: No
  • Roof: Other
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down, Near Public Transit, Value In Land
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Average1 Bed Area: 504 Square Feet
  • Average2 Bed Area: 851
  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Block: A
  • Tax Census Tract: 626.05
  • Tax Lot: 10
  • Tax Tract Number: 208
  • TaxOtherAnnualAssessmentAmount: 10615.00

Similar Home in Laguna Beach, CA

  • 2955 Terry Rd, Laguna Beach, CA 92651

    $2,490,000

    • 2 Beds
    • 2 Baths
    • 1,575 Sq Ft
    • 2955 Terry Rd
    • Laguna Beach, CA

    Discover the ideal coastal investment at 2955 and 2957 Terry Rd, just moments from iconic Victoria Beach and the Montage Laguna Beach. Nestled on a peaceful cul-de-sac, this beautifully remodeled duplex offers unobstructed Pacific Ocean and Catalina Island views, creating a true Laguna Beach retreat.Both units were fully renovated in 2015 with high-end finishes, including double-glazed

    Chad Concolino Main Beach Realty

    Section Image

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
05/05/2022 05/05/22 Sold $2,750,000 -8.2% $1,999 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $2,995,000 -- $2,177 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG22046324

California Regional Multiple Listing Service (CRMLS)

APN: 496-012-08