NOT LISTED FOR SALE

359 Myrtle St Laguna Beach, CA 92651

North Laguna Neighborhood
5 Beds
4 Baths
2,587 Sq Ft
6,098 Sq Ft Lot

Last Sold May 09, 2013

Last sale price $1,700,000 $657 Per Sq Ft

11 Days on Market

Highlights

  • Ocean View
  • Ocean Side of Freeway
  • No HOA
  • El Morro Elementary School Rated A+
  • Wood Flooring
  • Central Heating

About This Home

As of May 2013

Amazing investment property in north Laguna situated on a large 50x122 street to alley lot just 3 blocks to the ocean. Beautifully landscaped grounds offer a pacific tropical paradise with hibiscus, plumeria, palms, ferns, citrus & rose bushes. Each of the 4 units seem like they're individual homes with great open floor plans & views of the lush landscaping. The front house, unit #359, includes 2 spacious bedrooms, 1 which leads to a private patio, 1 bathroom with a tub & shower, bright light & open kitchen concept to the living & dining rooms. Additional amenities include a front yard, fireplace, hardwood floors and single enclosed garage with 2nd tandem space behind. Current rent is $2400 per month. Unit #361 includes 1 bedroom, 1 bathroom with hardwood floors, living room that looks out to the courtyard & 2 tandem parking spaces. Current rent is $1100 per month. Unit #363 includes 2 spacious bedrooms, 1 bathroom, hardwood floors, front balcony overlooking the courtyard, spacious open kitchen concept, very sunny/bright with peek-a-boo ocean views & awesome 4th of July fireworks display, 1 car garage plus tandem space. Current rent is $2100 per month. Unit #363 is a studio with a large outdoor patio & street parking only. Current rent is $850 per month.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 04/09/2013

Coldwell Banker Realty

Co-Listed By

Sean Goodsell

Coldwell Banker Realty License #01258158

Last Buyer's Agent

NoEmail NoEmail

OUT OF AREA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 6,098 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 2 Car Garage
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Property Attached

Interior Spaces

  • 2,587 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Ocean Side of Freeway

Utilities

  • Central Heating
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 413
  • Assessor Parcel Number 49603104

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Electric Expense $564
  • Water Sewer Expense $1,512
  • Gross Income $6,450
  • Net Operating Income $74,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Laguna (NL)
  • View: Yes
  • Water Sewer Expenses: 1512.00
  • Property Type: Residential Income
  • Parcel Number: 49603104
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Fireplace Features: Living Room
  • Price Per Square Foot: 657.13

Exterior Features

  • View: Ocean, Peek-A-Boo
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central, Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Electric Expense: 564.00
  • Gross Income: 6450.00
  • Gross Scheduled Income: 77400.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 74700.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 2700.00
  • Rent Control: No
  • Total Actual Rent: 6450.00
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 413

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
05/09/2013 05/09/13 Sold $1,700,000 +0.1% $657 / Sq Ft
04/20/2013 04/20/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $1,699,000 -- $657 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tim Smith

    Seller's Agent in 2013

    Tim Smith

    Coldwell Banker Realty

    (949) 717-4711

    9 in this area

    717 Total Sales

    Tim Smith
    Section Image
  • Sean Goodsell

    Seller Co-Listing Agent in 2013

    Sean Goodsell

    Coldwell Banker Realty

    (949) 338-5068

    6 Total Sales

    Section Image

  • N

    Buyer's Agent in 2013

    NoEmail NoEmail

    OUT OF AREA

    (646) 541-2551

    1 in this area

    5,570 Total Sales

    Section Image
  • Brittany Lunney

    Buyer's Agent in 2013

    Brittany Lunney

    Elite Real Estate Group

    (530) 925-9309

    Section Image

  • B

    Buyer's Agent in 2013

    Bonnie Bayless

    Mammoth Sierra Properties

  • Bobbi McMahon

    Buyer's Agent in 2013

    Bobbi McMahon

    Coldwell Banker Segerstrom

    (209) 743-6568

    236 Total Sales

    Bobbi McMahon
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13062513

California Regional Multiple Listing Service (CRMLS)

APN: 496-031-04

California Orange County Laguna Beach 92651 North Laguna

359 Myrtle St, Laguna Beach, CA

This home is located at 359 Myrtle St, Laguna Beach, CA 92651 since 09 April 2013. This property was built in 1947. 359 Myrtle St is a home located in Orange County with nearby schools including El Morro Elementary School, Thurston Middle School, and Laguna Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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