304 Myrtle St Laguna Beach, CA 92651
North Laguna Neighborhood
3
Beds
3
Baths
3,135
Sq Ft
6,329
Sq Ft Lot
Highlights
- Peek-A-Boo Views
- Wood Flooring
- Corner Lot
- El Morro Elementary School Rated A+
- Spanish Architecture
- 5-minute walk to Monument Point
About This Home
As of October 2024Offered for the first time in over 80 years, this extremely rare, iconic Spanish-Revival property epitomizes the classic "native" California architecture and style. Located on a prime corner in North Laguna Beach, the most desirable part of town, within blocks of world-famous beaches, art galleries, restaurants and other nearby attractions. Offering an eclectic mix of one two-bedroom unit, four one-bedroom units, one studio, three one-car garages and a dedicated laundry room, there is an endless demand for quality rental properties in Laguna Beach with an unusually high ceiling for rents - especially this close to the water. Towering 100+ year-old palm trees sway in the ocean-breeze surrounding this trophy property. This is a unique investment property, the likes of which may not be appear again for a very long time.
Last Agent to Sell the Property
Cove Canyon Realty Brokerage Phone: 949-500-3283 License #01491451 Listed on: 04/09/2024
Co-Listed By
Josephine Torbensen
Laguna Beach Properties Brokerage Phone: 949-500-3283 License #02205761
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1942
Lot Details
- 6,329 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
Parking
- 3 Car Garage
- Parking Available
- Rear-Facing Garage
- Three Garage Doors
Home Design
- Spanish Architecture
- Property Attached
- Slab Foundation
- Spanish Tile Roof
- Stucco
Interior Spaces
- 3,135 Sq Ft Home
- 2-Story Property
- High Ceiling
- Peek-A-Boo Views
Kitchen
- Gas and Electric Range
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Suburban Location
Utilities
- Combination Of Heating Systems
- Natural Gas Connected
- Water Heater
- Sewer Paid
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 1 / 30
- Tax Tract Number 413
- Assessor Parcel Number 49613615
- $4,459 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 6 Units
- North Laguna Subdivision
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gardener Expense $1,800
- Insurance Expense $4,000
- Maintenance Expense $1,500
- Professional Management Expense $10,201
- Water Sewer Expense $1,400
- Operating Expense $19,201
- Gross Income $145,740
- Net Operating Income $126,539
Similar Homes in Laguna Beach, CA
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2025 05/20/25 | Off Market | $2,500 | -- | -- |
| 10/28/2024 10/28/24 | Price Changed | $2,500 | +85.2% | $5 / Sq Ft |
| 10/25/2024 10/25/24 | Price Changed | $1,350 | -46.0% | $3 / Sq Ft |
| 10/18/2024 10/18/24 | For Rent | $2,500 | 0.0% | -- |
| 10/03/2024 10/03/24 | Sold | $4,125,000 | -8.3% | $1,316 / Sq Ft |
| 08/26/2024 08/26/24 | Pending | -- | -- | -- |
| 06/17/2024 06/17/24 | Price Changed | $4,500,000 | 0.0% | $1,435 / Sq Ft |
| 05/20/2024 05/20/24 | Rented | $3,950 | 0.0% | -- |
| 04/16/2024 04/16/24 | For Rent | $3,950 | 0.0% | -- |
| 04/09/2024 04/09/24 | For Sale | $4,995,000 | 0.0% | $1,593 / Sq Ft |
| 05/03/2019 05/03/19 | Rented | $2,560 | 0.0% | -- |
| 04/24/2019 04/24/19 | For Rent | $2,560 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Dave Csira
Seller's Agent in 2024
Dave Csira
Cove Canyon Realty
(949) 500-3283
5 in this area
42 Total Sales
-
K
Seller's Agent in 2024
Kristine Peterson
Laguna Beach Properties
-
J
Seller Co-Listing Agent in 2024
Josephine Torbensen
Laguna Beach Properties
-
Billy Larsen
Buyer's Agent in 2024
Billy Larsen
Real Broker
(949) 533-6648
83 Total Sales
-
Mark Langer
M
Buyer's Agent in 2024
Mark Langer
Far West Management Corporation
(310) 858-6862
1 in this area
2 Total Sales
-
Gary Hawley
G
Seller's Agent in 2019
Gary Hawley
Laguna Beach Properties
(949) 887-3822
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG24070119
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