$2,276,827
RENTED FEB 15, 2025
-- Bed
1 Bath
720 Sq Ft
$3,162 Price per Sq Ft

Highlights

  • Ocean View
  • Art Studio
  • Open Floorplan
  • El Morro Elementary School Rated A+
  • Updated Kitchen
  • 3-minute walk to Village Green

About This Home

As of February 2025

New Lease Listing with Stunning Ocean Views
Spacious studio (approx. 720 sq. ft.) with an adjacent kitchenette and breathtaking ocean views, just steps away from Pacific Coast Highway and a 4-minute walk to the beach.
Two convenient entrances: one on Pacific Coast Highway and the other on 2nd Avenue.
Features a large walk-in closet and a separate laundry room.
Perfect for an office space with the flexibility to serve as a Live/Work Space.
Ideal location near the Post Office, hospital, and commercial areas.
This is a rare opportunity in a highly desirable area, offering a studio office with a kitchen and full bath.
Don’t miss out!

Last Agent to Rent the Property

Amir Vahdat

Berkshire Hathaway Home Services Brokerage Phone: 949-682-9090 License #01819847 Listed on: 01/22/2025

Berkshire Hathaway Home Services

Last Renter's Agent

Amir Vahdat

Berkshire Hathaway Home Services Brokerage Phone: 949-682-9090 License #01819847 Listed on: 01/22/2025

Berkshire Hathaway Home Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,773

Year Built

  • Built in 1951

Lot Details

  • 3,049 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Property Views

  • Ocean
  • Panoramic

Home Design

  • Property Attached
  • Entry on the 2nd floor
  • Turnkey
  • Mixed Use
  • Stucco

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Dual Staircase
  • Recessed Lighting
  • Double Pane Windows
  • Family Room Off Kitchen
  • Art Studio
  • Attic Fan
  • Laundry Room

Kitchen

  • Kitchenette
  • Updated Kitchen
  • Open to Family Room
  • Granite Countertops

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom
  • Walk-in Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Property is near a park

Utilities

  • Forced Air Heating System
  • Central Water Heater

Listing and Financial Details

  • Security Deposit $2,600
  • 12-Month Minimum Lease Term
  • Available 1/23/25
  • Tax Lot 11
  • Tax Tract Number 849
  • Assessor Parcel Number 05610101
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • South Laguna Village Subdivision

Recreation

  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $500
  • Dogs and Cats Allowed
  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,773

Year Built

Built in 1951

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2025-01-23
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 2600
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call, Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Total Move In Costs: 5240.00
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Mixed Use
  • Assessments: No
  • Inclusions: Trash
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Subdivision Name Other: South Laguna Village (SLV)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Lease
  • Parcel Number: 05610101
  • Year Built: 1951
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 720.00 Square Feet
  • Interior Amenities: 2 Staircases, Attic Fan, Granite Counters, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 3.61
  • Room Type: Art Studio, Family Room, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Kitchenette, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Ocean, Panoramic
  • Fence: No
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Electricity Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater Central
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Street Lights

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre, Park Nearby
  • Lot Size Sq Ft: 3049.00
  • Lot Size Acres: 0.0700

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 3049.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 849

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2014
Sold by
Newton Audrey N
Bought by
Newton Audrey N
Current Estimated Value
$2,276,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 2014
Sold by
Aaans Property Iic
Bought by
Newton Audrey N

Purchase Details

Closed on
Feb 25, 2009
Sold by
Aaans Property Llc
Bought by
Aaans Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 2009
Sold by
Aans Property Llc
Bought by
Aans Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 3, 2004
Sold by
Newton Audrey N
Bought by
Aaans Property Llc

Purchase Details

Closed on
Apr 7, 1999
Sold by
Shaw Martin
Bought by
Newton Audrey

Purchase Details

Closed on
Nov 25, 1998
Sold by
Reinhold Mankau and Reinhold Sarojam K
Bought by
Newton Audrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,400
Interest Rate
7.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 1994
Sold by
Mankau Reinhold and Mankau Sarojam K
Bought by
Mankau Reinhold and Mankau Sarojam K
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Newton Audrey N -- Western Resources Title
Newton Audrey N -- None Available
Aaans Property Llc -- Fidelity National Title Co
Aans Property Llc -- Fidelity National Title Co
Aaans Property Llc -- --
Newton Audrey -- Commonwealth Land Title
Newton Audrey $449,000 Commonwealth Land Title
Mankau Reinhold -- --
Mankau Reinhold -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newton Audrey N $1,040,000
Previous Owner Aans Property Llc $600,000
Previous Owner Newton Audrey $269,400
Closed Newton Audrey $67,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2025 02/15/25 Rented $2,600 0.0% --
02/01/2025 02/01/25 Under Contract -- -- --
01/22/2025 01/22/25 For Rent $2,600 +40.5% --
12/10/2018 12/10/18 Rented $1,850 0.0% --
10/22/2018 10/22/18 For Rent $1,850 0.0% --
10/18/2018 10/18/18 Off Market $1,850 -- --
09/06/2018 09/06/18 For Rent $1,850 +23.3% --
03/24/2012 03/24/12 Rented $1,500 -6.3% --
02/23/2012 02/23/12 Under Contract -- -- --
02/05/2012 02/05/12 For Rent $1,600 -- --
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 $7,773 $706,836 $548,703 $158,133
2024 $7,773 $692,977 $537,944 $155,033
2023 $7,565 $679,390 $527,396 $151,994
2022 $7,392 $666,069 $517,055 $149,014
2021 $7,239 $653,009 $506,916 $146,093
2020 $7,112 $646,314 $501,719 $144,595
2019 $6,984 $633,642 $491,882 $141,760
2018 $6,829 $621,218 $482,237 $138,981
2017 $6,673 $609,038 $472,782 $136,256
2016 $6,535 $597,097 $463,512 $133,585
2015 $7,019 $588,129 $456,550 $131,579
2014 $6,907 $576,609 $447,607 $129,002
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25016067

California Regional Multiple Listing Service (CRMLS)

APN: 056-101-01