$2,400,000
SOLD AUG 21, 2025
4 Beds
4 Baths
2,600 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$923 Per Sq Ft

14% Below List Price

38 Days on Market

Highlights

  • 0.22 Acre Lot
  • Property is near public transit
  • Two Homes on a Lot
  • Top Of The World Elementary School Rated A
  • No HOA
  • Cul-De-Sac

About This Home

As of August 2025

SPACIOUS DUPLEX ON A LARGE LOT JUST MINUTES FROM THE BEACH AND LAGUNA'S "HIP" DISTRICT. THE UNITS ARE SIDE BY SIDE WITH NO-ONE ABOVE OR BELOW AND EACH UNIT OFFERS TWO LARGE BEDROOMS, TWO BATHS, FIREPLACE IN LIVING ROOM, OPEN KITCHEN, DINING AND LOTS OF LIGHT AND PRIVACY. EACH UNIT HAS AN ATTACHED 2-CAR GARAGE AND FEELS LIKE A SEPARATE CONDO/TOWNHOME. Incredible investment opportunity in prime section of Laguna's iconic "Village" or live in one unit and rent the other. Both units are currently rented and the owner wants to respect the Tenant's privacy. As such, there will be no preview or open house and showings will require a written offer (obviously subject to buyer's sole approval after inspection). Designed by Morris Skenderian this property has never before been for sale.
Call listing agent for more information or general descriptions.

BUYER TO COOPERATE WITH SELLER'S 1031 TAX DEFERRED EXCHANGE
ALL EXPENSE NUMBERS AND THE PROFORMA RENTS ARE ESTIMATES ONLY.
SQUARE FOOTAGES ARE ESTIMATED.

Last Agent to Sell the Property

Mark Christy

Berkshire Hathaway HomeServices California Properties Brokerage Email: mark@hobie.com License #00776546 Listed on: 06/20/2025

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Tyler Alter

Berkshire Hathaway HomeServices California Properties Brokerage Email: mark@hobie.com License #02126524

Last Buyer's Agent

Mark Christy

Berkshire Hathaway HomeServices California Properties Brokerage Email: mark@hobie.com License #00776546 Listed on: 06/20/2025

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,843

Year Built

  • Built in 1992

Lot Details

  • 9,583 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Irregular Lot

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Duplex
  • Plaster

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Property Views

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Legal Lot and Block 21 / 73
  • Tax Tract Number 416
  • Assessor Parcel Number 64403408
  • $2,142 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • The Village Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,000
  • Trash Expense $400
  • Water Sewer Expense $600
  • Operating Expense $33,390
  • Gross Income $111,300
  • Net Operating Income $74,571

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,843

Year Built

Built in 1992

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 1397500
  • Property Attached: Yes
  • Subdivision Name Other: The Village (VIL)
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 64403408
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 923.08

Exterior Features

  • Other Structures: Two On A Lot
  • Pool Private: No
  • Spa: No
  • Construction Materials: Plaster

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 400.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lot 6500-9999, Irregular Lot, Near Public Transit
  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 1300 Square Feet
  • Gross Income: 111300.00
  • Gross Operating Income: 107961.00
  • Gross Scheduled Income: 111300.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 9583.0000 Square Feet
  • Net Operating Income: 74571.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 33390.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Total Expenses: 33390.00
  • Vacancy Allowance: 3339
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Block: 73
  • Tax Census Tract: 626.05
  • Tax Lot: 21
  • Tax Tract Number: 416
  • TaxOtherAnnualAssessmentAmount: 2142.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2025
Closed on
Aug 20, 2025
Sold by
Glavinovich John L
Bought by
Brac Cleo
Seller's Agent
Mark Christy
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Mark Christy
Berkshire Hathaway HomeServices California Properties
List Price
$2,795,000
Sold Price
$2,400,000
Premium/Discount to List
-$395,000
-14.13%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27656.86%

Purchase Details

Listed on
Jun 20, 2025
Closed on
Jul 31, 2025
Sold by
Brac Cleo
Bought by
Jhawar Satwant S and Sidhu Suneet
Seller's Agent
Mark Christy
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Mark Christy
Berkshire Hathaway HomeServices California Properties
List Price
$2,795,000
Sold Price
$2,400,000
Premium/Discount to List
-$395,000
-14.13%
Views
25

Purchase Details

Closed on
Mar 8, 2024
Sold by
Glavinovich John L
Bought by
Cleo Brac

Purchase Details

Closed on
Sep 9, 2021
Sold by
Sand Harbor Associates Llc
Bought by
Glavinovich John L and Brac Consultants Limited Partn

Purchase Details

Closed on
May 7, 2003
Sold by
Sand Harbor Associates Llc
Bought by
Sand Harbor Associates Llc

Purchase Details

Closed on
Oct 5, 1999
Sold by
Formula Jlg
Bought by
Sand Harbor Associates Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Gift Deed -- None Listed On Document
Gift Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Sold $2,400,000 -14.1% $923 / Sq Ft
06/20/2025 06/20/25 For Sale $2,795,000 0.0% $1,075 / Sq Ft
04/21/2019 04/21/19 Rented $4,250 -1.0% --
04/03/2019 04/03/19 For Rent $4,295 -- --
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 $8,843 $714,520 $217,751 $496,769
2024 $8,843 $700,510 $213,481 $487,029
2023 $9,094 $686,775 $209,295 $477,480
2022 $8,822 $673,309 $205,191 $468,118
2021 $8,554 $660,107 $201,167 $458,940
2020 $8,356 $653,339 $199,104 $454,235
2019 $8,170 $640,529 $195,200 $445,329
2018 $7,984 $627,970 $191,372 $436,598
2017 $7,794 $615,657 $187,619 $428,038
2016 $7,614 $603,586 $183,940 $419,646
2015 $7,463 $594,520 $181,177 $413,343
2014 $7,299 $582,875 $177,628 $405,247
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG25137663

California Regional Multiple Listing Service (CRMLS)

APN: 644-034-08