NOT LISTED FOR SALE

Estimated Value: $2,501,000 - $4,184,000

3 Beds
2 Baths
2,050 Sq Ft
$1,778/Sq Ft Est. Value

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Main Floor Bedroom
  • El Morro Elementary School Rated A+
  • Contemporary Architecture
  • Living Room with Attached Deck

About This Home

As of January 2024

Prominently positioned on a trophy corner on the hillside neighborhood of North Laguna Beach, 405 Panorama is one of the most stunning homes. This home was completely remodeled in 2014 with high quality materials. Custom French Limestone flooring, White Quartz counters, breakfast bar, Viking and Bosh appliances and marvelous chandeliers. Coral Rock walls in the living room, kitchen and bathroom. Outdoor kitchen including Viking appliances and two wine refrigerators. This home is ideally positioned to enjoy breathtaking views of the Pacific Ocean's sparkling waters, Catalina Island's rolling cliff-sides, and picturesque sunsets year-round. A beautiful symphony of materials, design, functionality, and flow to create a truly unique experience of space in this 3 bedroom, 2 bathroom, approx. 7,150 sqft total open concept. Enjoy effortless transitions in this majestic indoor/outdoor floor plan from the moment you step foot into the property, ocean views welcome you from every area of the home. This home is located in the heart of the most beautiful beaches on the west coast, Downtown Laguna beach, Emerald Bay, world class-restaurants, shopping, and night life.

Property can be leased either furnished or unfurnished. If furnished, deposit will be higher.

Last Agent to Rent the Property

Jose Gonzalez Rodriguez

Luxe Real Estate License #02086307 Listed on: 07/19/2023

Last Renter's Agent

Kelly Brochu

Pacific Sotheby’s International Realty License #02122619

Pacific Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,946

Year Built

  • Built in 1961

Lot Details

  • 7,150 Sq Ft Lot
  • Cul-De-Sac
  • Glass Fence
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway Down Slope From Street

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • City Lights
  • Woods

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 2,050 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Furniture Can Be Negotiated
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Door Entry
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Stone Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Multiple Shower Heads
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Open Patio
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill
  • Wrap Around Porch

Additional Features

  • Suburban Location
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • North Laguna Subdivision

Listing and Financial Details

  • Security Deposit $11,000
  • Rent includes gardener, trash collection
  • 12-Month Minimum Lease Term
  • Available 8/2/23
  • Tax Lot 38
  • Tax Tract Number 1141
  • Assessor Parcel Number 05309241

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,946

Year Built

Built in 1961

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent
  • Available Date: 2023-08-02
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 11000
  • Furnished: Negotiable
  • Pets Allowed: Breed Restrictions, Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer, Dryer, Refrigerator
  • Other Phone Description: 949-514-5338
  • Property Attached: No
  • Subdivision Name Other: North Laguna (NL)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 05309241
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2050.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Living Room Deck Attached, Recessed Lighting, Tray Ceiling(s), Wet Bar
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Double Door Entry
  • Eating Area: Area, Breakfast Counter / Bar
  • Entry Level: 1
  • Fireplace Features: Living Room, Fire Pit
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 5.12
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite
  • Bathroom Features: Shower, Double Sinks In Primary Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Walk-In Shower
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Lighting
  • View: Catalina, City Lights, Ocean, Panoramic, Trees/Woods
  • Fence: Yes
  • Fencing: Glass
  • Patio And Porch Features: Concrete, Deck, Patio Open, Wrap Around
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway Down Slope From Street
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Inside, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Suburban

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Corner Lot, Cul-De-Sac
  • Lot Size Sq Ft: 7150.00
  • Lot Size Acres: 0.1641

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 7150.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Trash Collection

Tax Info

  • Tax Census Tract: 626.56
  • Tax Lot: 38
  • Tax Tract Number: 1141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2014
Sold by
Mollarabi Morris
Bought by
Safka Inc
Current Estimated Value
$3,645,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$77,379
Interest Rate
4.12%
Mortgage Type
Seller Take Back
Estimated Equity
$3,952,046

Purchase Details

Closed on
Nov 20, 2006
Sold by
Mollarabi Suzette N
Bought by
Mollarabi Morris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 28, 2003
Sold by
Mollarabi Morris
Bought by
Mollarabi Morris and Mollarabi Suzette N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2001
Sold by
Mollarabi Morris
Bought by
Mollarabi Morris and Mollarabi Suzette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.87%

Purchase Details

Closed on
Apr 23, 2001
Sold by
Mollarbi Suzette
Bought by
Mollarbi Morris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.87%

Purchase Details

Closed on
Apr 19, 2001
Sold by
Roese Sheri
Bought by
Mollarbi Morris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.87%

Purchase Details

Closed on
Mar 13, 2001
Sold by
Rawlins Marian F
Bought by
Roese Sheri J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.87%

Purchase Details

Closed on
Mar 1, 1996
Sold by
Rawlins Marian F
Bought by
Rawlins Marian F and The Laguna Qprt
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Safka Inc $200,000 None Available
Mollarabi Morris -- Accommodation
Mollarabi Morris -- --
Mollarabi Morris -- Gtc
Mollarabi Morris -- Fidelity National Title Co
Mollarbi Morris -- Fidelity National Title
Mollarbi Morris $725,000 Fidelity National Title Ins
Roese Sheri J -- Fidelity National Title Ins
Rawlins Marian F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Safka Inc $100,000
Previous Owner Mollarabi Morris $150,000
Previous Owner Mollarabi Morris $1,400,000
Previous Owner Mollarabi Morris $200,000
Previous Owner Mollarabi Morris $60,000
Previous Owner Mollarabi Morris $100,000
Previous Owner Mollarabi Morris $650,000
Previous Owner Mollarbi Morris $500,000
Closed Mollarbi Morris $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2024 01/16/24 Rented $10,500 -4.5% --
10/26/2023 10/26/23 Price Changed $11,000 -8.3% $5 / Sq Ft
09/12/2023 09/12/23 Price Changed $12,000 -7.7% $6 / Sq Ft
07/19/2023 07/19/23 For Rent $13,000 +18.2% --
09/06/2022 09/06/22 Rented $11,000 0.0% --
08/05/2022 08/05/22 For Rent $11,000 -- --
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 $25,946 $2,523,882 $2,397,721 $126,161
2024 $25,946 $2,474,395 $2,350,707 $123,688
2023 $25,655 $2,425,878 $2,304,615 $121,263
2022 $25,119 $2,378,312 $2,259,426 $118,886
2021 $24,585 $2,331,679 $2,215,124 $116,555
2020 $24,273 $2,307,771 $2,192,411 $115,360
2019 $24,440 $2,262,521 $2,149,422 $113,099
2018 $24,691 $2,218,158 $2,107,276 $110,882
2017 $24,269 $2,174,665 $2,065,957 $108,708
2016 $23,766 $2,132,025 $2,025,448 $106,577
2015 $23,457 $2,100,000 $1,995,023 $104,977
2014 $11,514 $891,180 $784,402 $106,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23119131

California Regional Multiple Listing Service (CRMLS)

APN: 053-092-41