NOT LISTED FOR SALE
-- Bed
-- Bath
1,831 Sq Ft
3,694 Sq Ft Lot

Last Sold June 09, 2012

Last sale price $1,150,000 $628 Per Sq Ft

84 Days on Market

Highlights

  • White Water Ocean Views
  • Ceramic Countertops
  • Tile Flooring
  • El Morro Elementary School Rated A+
  • Bungalow
  • Wood Siding

About This Home

As of June 2012

Stunning ocean view duplex. Sunny, bright and incredibly charming throughout. Both units have excellent views from decks. Upper unit has fabulous woodwork and gorgeous fireplace. Large windows and ocean views from the living room and master bedroom. Gourmet kitchen.Property has been extensively remodeled but still retains the Laguna Beach charm. There is a beautiful garden upstairs, backs to a private canyon & Three Arch Bay. Lower unit has huge ocean view deck, currently being used as a furnished rental. It is updated and ready for move in. This unique and beautiful property is on private road and is just around the corner from Thousand Steps beach. Endless possiblities for the new owner, live in the upper & rent the bottom or rent both units out. Would also be perfect for mother-in-law suite or home office situation. Must see this one, the pictures do not due it justice. The views are gorgeous and the property is in great condition. Perfect South Laguna location.

Last Agent to Sell the Property

Shelly Reyland

Re/Max Coastal Homes License #01401259 Listed on: 02/16/2012

Re/Max Coastal Homes

Co-Listed By

Carole Oberto

Coldwell Banker Realty License #00772470

Last Buyer's Agent

Mary Lou Mathewson

Coldwell Banker Realty License #00480780

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937 | Remodeled

Lot Details

  • 3,694 Sq Ft Lot
  • Lot Dimensions are 44x83

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Canyon

Home Design

  • 1,831 Sq Ft Home
  • Bungalow
  • Wood Siding

Flooring

  • Carpet
  • Tile

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Additional Features

  • Ceramic Countertops
  • No Heating

Listing and Financial Details

  • Tax Tract Number 849
  • Assessor Parcel Number 05615233

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Cable TV Expense $636
  • Electric Expense $435
  • Gardener Expense $540
  • Water Sewer Expense $375
  • New Taxes Expense $10,611
  • Gross Income $5,175
  • Net Operating Income $58,235

Property Details

Home Type

Multi-Family

Year Built

Built in 1937 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 4.96
  • View: Yes
  • Water Sewer Expenses: 375.00
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 540.00
  • Parcel Number: 05615233
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceramic Counters
  • Flooring: Carpet, Tile
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 628.07

Exterior Features

  • View: Catalina, Canyon, Coastline, Ocean, Panoramic, Water, White Water
  • Pool Private: No
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: No
  • Parking Features: Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 44x83
  • Lot Size Sq Ft: 3694.00
  • Lot Size Acres: 0.0850

Multi Family

  • Cable TV Expense: 636.00
  • Electric Expense: 435.00
  • Gross Income: 5175.00
  • Gross Multiplier: 18.92
  • Gross Scheduled Income: 62100.00
  • Lot Size Area: 3694.0000 Square Feet
  • Net Operating Income: 58235.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3865.00

Tax Info

  • New Taxes Expense: 10611.00
  • Tax Area: 05035
  • Tax Lot: 0.
  • Tax Tract Number: 849

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 List to Sale Price per Sq Ft
06/09/2012 06/09/12 Sold $1,150,000 -2.1% $628 / Sq Ft
05/10/2012 05/10/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $1,175,000 -- $642 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S688407

California Regional Multiple Listing Service (CRMLS)

APN: 056-152-33