NOT LISTED FOR SALE
6 Beds
4 Baths
2,600 Sq Ft
3,615 Sq Ft Lot

Last Sold September 10, 2013

Last sale price $1,691,000 $650 Per Sq Ft

19 Days on Market

Highlights

  • Ocean View
  • Updated Kitchen
  • Wood Flooring
  • Top Of The World Elementary School Rated A+
  • Open Floorplan
  • 4-minute walk to Bluebird Park

About This Home

As of September 2013

This stunningly remodeled three-unit property is the perfect low-maintenance, trophy rental property or the perfect vacation home with rental income. The property was extensively remodeled in 2007 to include all the upgrades of the discerning tenant-- open floor plan, kitchens with Bosch s/s appliance suite, dishwashers, granite counters, marble/cermaic tiled baths, all new hardwood floors, all new windows, in-unit washer/dryers, additional storage, shared courtyard & assigned parking. 461 is a free standing cottage w/ box beam ceilings, 2 beds, 2 baths, 2 prkng, rented at $2550. 459 is front upper unit w/ panoramic ocean views, 2 beds, 1 bath, 2 prkng, rented at $2450. 457 is front lower unit (easy to show), 2 beds 1 bath, 1 prkng, currently vacant w/ market rent of $2300. This unbeatable Laguna Village location is a quick walk to the beach & the best restaurants & shops that Laguna has to offer!

Last Agent to Sell the Property

NoEmail NoEmail

Outside Area Listings License #N/A Listed on: 07/24/2013

Outside Area Listings

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 3,600 Sq Ft Lot
  • Landscaped
  • Garden

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Property Views

  • Ocean
  • Panoramic

Home Design

  • Cottage
  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 2,600 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Recessed Lighting
  • Bay Window
  • Family Room Off Kitchen
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Gas Cooktop
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Additional Features

  • Urban Location
  • Shared Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 64420506

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $2,026
  • Trash Expense $426
  • Water Sewer Expense $2,075
  • New Taxes Expense $17,643
  • Net Operating Income $64,830

Property Details

Home Type

Multi-Family

Year Built

Built in 1930 | Remodeled

Lot Details

3,600 Sq Ft Lot

Parking

2

Listing Details

  • Subdivision Name Other: The Village (VIL)
  • View: Yes
  • Water Sewer Expenses: 2075.00
  • Architectural Style: Bungalow, Cottage
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 64420506
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Beamed Ceilings, Built-in Features, Granite Counters, Open Floorplan, Recessed Lighting
  • Flooring: Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 650.38
  • Window Features: Bay Window(s)
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • View: Ocean, Panoramic
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Range, Gas Cooktop, Microwave, Refrigerator
  • Laundry Features: Dryer Included, Stackable, Washer Included
  • Sewer: Shared Septic
  • Trash Expense: 426.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: Garden, Landscaped
  • Lot Size Sq Ft: 3600.00
  • Lot Size Acres: 0.0830

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 87600.00
  • Insurance Expense: 2026.00
  • Lot Size Area: 3600.0000 Square Feet
  • Net Operating Income: 64830.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 1
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Rent Control: No
  • Total Actual Rent: 7300.00

Tax Info

  • New Taxes Expense: 17643.00
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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
09/10/2013 09/10/13 Sold $1,691,000 -2.2% $650 / Sq Ft
08/12/2013 08/12/13 Pending -- -- --
07/24/2013 07/24/13 For Sale $1,729,000 -- $665 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $22,521 $2,022,671 $1,932,500 $90,171
2024 $22,521 $1,983,011 $1,894,608 $88,403
2023 $22,605 $1,944,129 $1,857,459 $86,670
2022 $22,043 $1,906,009 $1,821,038 $84,971
2021 $21,488 $1,868,637 $1,785,332 $83,305
2020 $21,117 $1,849,477 $1,767,026 $82,451
2019 $20,695 $1,813,213 $1,732,378 $80,835
2018 $20,257 $1,777,660 $1,698,410 $79,250
2017 $19,812 $1,742,804 $1,665,107 $77,697
2016 $19,393 $1,708,632 $1,632,458 $76,174
2015 $19,056 $1,682,967 $1,607,937 $75,030
2014 $18,664 $1,650,000 $1,576,439 $73,561
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG13147250

California Regional Multiple Listing Service (CRMLS)

APN: 644-205-06

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