NOT LISTED FOR SALE
3 Beds
3 Baths
3,135 Sq Ft
6,329 Sq Ft Lot

Last Sold October 03, 2024

Last sale price $4,125,000 $1,316 Per Sq Ft

139 Days on Market

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 2024

Welcome to 304 Myrtle, where the allure of coastal living meets timeless charm. Nestled on a prime corner in north Laguna Beach, this enchanting building is embraced by swaying palm trees and the refreshing ocean breeze. Just a short stroll away, you'll find world-famous beaches, vibrant art galleries, and exquisite dining options. Each apartment home at 304 Myrtle captures the essence of a classic California beach cottage, offering a serene retreat that perfectly complements the laid-back coastal lifestyle. Experience the magic of Laguna Beach in a place you can truly call home.

Last Agent to Sell the Property

Dave Csira

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

Last Buyer's Agent

Mark Langer

Far West Management Corporation License #01401810

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
  • Entry on the 1st floor
  • 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

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 10201.00
  • Property Attached: Yes
  • Subdivision Name Other: North Laguna (NL)
  • View: Yes
  • Water Sewer Expenses: 1400.00
  • Architectural Style: Spanish
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 49613615
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: High Ceilings
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 1315.79

Exterior Features

  • Foundation: Slab
  • View: Peek-A-Boo
  • Fence: No
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas & Electric Range, Water Heater
  • Electric: Standard
  • Heating Type: Combination
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6329.00
  • Lot Size Acres: 0.1453

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 500 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Average Studio Area: 325 Square Feet
  • Gross Income: 145740.00
  • Gross Scheduled Income: 145740.00
  • Insurance Expense: 4000.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 1200.00
  • Lot Size Area: 6329.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 126539.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Number With Dishwasher: 6
  • Number With Disposal: 6
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Operating Expense: 19201.00
  • Operating Expense Percent: 12.00
  • Rent Control: No
  • Total Expenses: 19201.00

Tax Info

  • Tax Block: 30
  • Tax Census Tract: 626.05
  • Tax Lot: 1
  • Tax Tract Number: 413
  • TaxOtherAnnualAssessmentAmount: 4458.64
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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 List to Sale Price per Sq Ft
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

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 $6,334 $4,125,000 $3,969,098 $155,902
2024 $6,334 $158,421 $96,097 $62,324
2023 $6,031 $155,315 $94,213 $61,102
2022 $5,751 $152,270 $92,366 $59,904
2021 $5,484 $149,285 $90,555 $58,730
2020 $5,245 $147,755 $89,627 $58,128
2019 $5,042 $144,858 $87,869 $56,989
2018 $4,875 $142,018 $86,146 $55,872
2017 $4,690 $139,234 $84,457 $54,777
2016 $4,513 $136,504 $82,801 $53,703
2015 $4,354 $134,454 $81,557 $52,897
2014 -- $131,821 $79,960 $51,861
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG24070119

California Regional Multiple Listing Service (CRMLS)