$3,400,000
$100K PRICE DROP

Estimated payment $22,250/month

Total Views 27,645
4 Beds
4 Baths
2,398 Sq Ft
$1,418 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • Back and Front Yard
  • El Morro Elementary School Rated A+

About This Home

Discover the epitome of coastal investment potential with this exquisite duplex at 253 Fairview and 257 Fairview, located in the sought-after North Laguna Beach. Perfectly situated within close proximity to the area's iconic beaches, renowned art galleries, fine dining, and upscale shopping, this property is a rare find for investors or those seeking a versatile living arrangement. Each of the two thoughtfully designed units features 2 spacious bedrooms, complemented by light-filled living areas that exude comfort and charm. The kitchens are functional yet stylish, providing a perfect balance of comfort and utility. Private outdoor spaces in both units such as patios or balconies, invite ocean breezes and provide serene settings for relaxation. Ample parking is provided by two dedicated 2-car garages, a rare find in this highly desirable area. This feature adds value and convenience for tenants and ensures premium rental demand. The property’s charming curb appeal and unbeatable location make it a standout in the market. Whether you’re seeking a reliable income stream, a live-in investment, or a future remodel opportunity, this duplex offers incredible flexibility and upside potential.

Listing Agent

Richard McIntire

Surterre Properties Brokerage Phone: 949-697-1555 License #01013350

Surterre Properties

Co-Listing Agent

Tyler McDonald

Surterre Properties Inc Brokerage Phone: 949-697-1555 License #02107430

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 4,356 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Parking

  • 3 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,398 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 7 / I
  • Tax Tract Number 481
  • Assessor Parcel Number 05314419
  • $2,147 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • North Laguna Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,315
  • Trash Expense $1,200
  • Operating Expense $3,515
  • Gross Income $99,000
  • Net Operating Income $95,485

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 1700000
  • Property Attached: Yes
  • Subdivision Name Other: North Laguna (NL)
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 05314419
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 1417.85

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Multi Family

  • Gross Income: 99000.00
  • Gross Scheduled Income: 99000.00
  • Insurance Expense: 2315.00
  • Lot Size Area: 4356.0000 Square Feet
  • Net Operating Income: 95485.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 3515.00
  • Rent Control: No
  • Total Expenses: 3515.00

Tax Info

  • Tax Block: I
  • Tax Census Tract: 626.56
  • Tax Lot: 7
  • Tax Tract Number: 481
  • TaxOtherAnnualAssessmentAmount: 2147.00

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
04/23/2025 04/23/25 Price Changed $3,400,000 -2.9% $1,418 / Sq Ft
12/12/2024 12/12/24 For Sale $3,500,000 0.0% $1,460 / Sq Ft
07/22/2017 07/22/17 Rented $4,000 0.0% --
07/22/2017 07/22/17 Under Contract -- -- --
07/20/2017 07/20/17 For Rent $4,000 0.0% --
05/16/2017 05/16/17 Sold $1,950,000 -1.3% $813 / Sq Ft
03/31/2017 03/31/17 Pending -- -- --
03/19/2017 03/19/17 Price Changed $1,975,000 -6.8% $824 / Sq Ft
02/01/2017 02/01/17 For Sale $2,120,000 -- $884 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG24248045

California Regional Multiple Listing Service (CRMLS)

APN: 053-144-19