NOT LISTED FOR SALE
5 Beds
4 Baths
2,346 Sq Ft
6,534 Sq Ft Lot

Last Sold April 11, 2014

Last sale price $1,805,000 $769 Per Sq Ft

7 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Cottage
  • El Morro Elementary School Rated A+

About This Home

As of April 2014

Charming North Laguna cottages on one of the most desirable "Tree Streets" in Laguna Beach. Two free standing cottages, both two bedrooms and one bath. One upper one bedroom with views over the two car garage. Plus a separate room and bath, currently used as a writing space. Two car garage, plus three off street parking. Kept in excellent condition by owners, this property has only been on the market a few times in it's lifetime.
Good rents and long term tenants make this a very good buy...Note: This is a three unit building, the additional two incomes are from one garage and another is a storage unit rented out.

Last Agent to Sell the Property

James Ardery

Compass License #00576041 Listed on: 01/14/2014

Compass

Co-Listed By

Diane Cannon

Compass License #01090918

Last Buyer's Agent

Leddy Renwick

DOUGLAS ELLIMAN OF CALIFORNIA, INC. License #01521327

DOUGLAS ELLIMAN OF CALIFORNIA, INC.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 6,534 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Cottage
  • Property Attached
  • Composition Roof

Interior Spaces

  • 2,346 Sq Ft Home
  • Ocean Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 16
  • Tax Tract Number 413
  • Assessor Parcel Number 49603410

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 5 Units

Building Details

  • 3 Leased Units
  • Gross Income $7,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Appliances in kitchens
  • Property Attached: Yes
  • Subdivision Name Other: North Laguna (NL)
  • View: Yes
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Parcel Number: 49603410
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 769.39

Exterior Features

  • View: Ocean
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Gutters

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 7000.00
  • Gross Scheduled Income: 84000.00
  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Units Leased: 3
  • Number Of Units Total: 5
  • Rent Control: No

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 413
  • Tax Year: 2012

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
04/11/2014 04/11/14 Sold $1,805,000 +0.3% $769 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
01/14/2014 01/14/14 For Sale $1,799,000 -- $767 / 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: LG14009896

California Regional Multiple Listing Service (CRMLS)