Seller's Agent in 2021
Mark Bridge
Mark Bridge, Broker
(949) 419-3200
2 in this area
49 Total Sales
533 Agate St Laguna Beach, CA 92651
Woods Cove NeighborhoodEstimated Value: $2,560,000 - $3,541,000
3
Beds
3
Baths
1,768
Sq Ft
$1,814/Sq Ft
Est. Value
Highlights
- Ocean View
- Fishing
- Hiking Trails
- Top Of The World Elementary School Rated A
- No HOA
- 4-minute walk to Bluebird Park
About This Home
As of September 2021We are pleased to present 533 Agate St located in beautiful Laguna Beach, CA. This garden style duplex was built in 1921 and 1949. It has been a family-owned, legacy property and consists of a two-bed, two-bath single story house and a separate one-bed, one-bath unit with a double garage. This is also a double lot with pitched roofs, four total parking spaces, and partial ocean views. The community boasts extremely inviting features thanks to the care of the current owners. The property is beautifully landscaped with a privacy hedge, grass sunbathing area, tenant garden, bird bath, BBQ, and private courtyard with a fireplace. The property has ocean views from upstairs and a new roof. Each unit has individual water heaters, washer/dryer hookups, and are separately metered for gas and electric.
The property is located just blocks from premiere beaches and coves that Laguna has to offer. The surrounding views include city, hillsides, the Pacific Ocean, Catalina, and famous Southern California Sunsets. Enjoy the benefits of central Laguna Beach living within walking distance, which include fine dining, world class art galleries, Agate Street beach, Arch Cove, Cactus Point, and easy access into and out of Laguna. This offering provides an investor the opportunity to acquire a well-maintained apartment duplex in a premier location in the highly coveted city of Laguna Beach. The local apartment supply and demand economics strongly favor apartment owners. This unique opportunity offers an investor quality tenants seeking a great neighborhood with convenient access to a wide variety of activities, transportation and retail amenities in a wonderful location. This overall demand for well-located apartments will be a key driver in the continued growth of this trophy asset in the highly prized Laguna Beach community.
Last Agent to Sell the Property
Mark Bridge, Broker License #01316702 Listed on: 07/30/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $27,397
Year Built
- Built in 1949
Lot Details
- 6,098 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Assigned Parking
Home Design
- Duplex
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,768 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Family Room with Fireplace
- Ocean Views
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Suburban Location
Utilities
- Natural Gas Connected
- Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 4
- Tax Tract Number 415
- Assessor Parcel Number 64425511
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
- North Laguna Subdivision
Recreation
- Fishing
- Park
- Water Sports
- Hiking Trails
- Bike Trail
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $1,348
- Insurance Expense $1,525
- Maintenance Expense $1,000
- Water Sewer Expense $958
- New Taxes Expense $25,325
- Operating Expense $30,156
- Gross Income $70,200
- Net Operating Income $37,938
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 24, 2024
Sold by
Local Laguna Investment Trust and Cornwell Kelly P
Bought by
Local Laguna Investment Trust and Cornwell
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Outstanding Balance
$248,627
Interest Rate
6.88%
Mortgage Type
Construction
Estimated Equity
$2,889,134
Purchase Details
Listed on
Jul 30, 2021
Closed on
Aug 24, 2021
Sold by
Farmers And Merchants Trust
Bought by
Cornwell Kelly and Local Laguna Investment Trust
Seller's Agent
Mark Bridge
Mark Bridge, Broker
Buyer's Agent
Nicholas Hooper
Compass
List Price
$2,499,000
Sold Price
$2,499,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%
Purchase Details
Closed on
Jan 28, 2020
Sold by
Dalton Theon T
Bought by
Dalton Theon T and Dalton Janice Y
Purchase Details
Closed on
Jun 26, 2019
Sold by
Shah Jindas B and Dedona Francis A
Bought by
Dedona Gregory D and Dedona Paul F
Purchase Details
Closed on
Jan 16, 2006
Sold by
Dedona Mary D and Dedona Jacquelin Dalton
Bought by
Shah Jindas B and Dedona Francis A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Local Laguna Investment Trust | -- | Fidelity National Title | |
| Cornwell Kelly | $2,499,000 | Chicago Title Co Com Div | |
| Dalton Theon T | -- | None Available | |
| Dedona Gregory D | -- | None Available | |
| Shah Jindas B | -- | None Available | |
| Shah Jindas B | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Local Laguna Investment Trust | $1,450,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2021 09/03/21 | Sold | $2,499,000 | 0.0% | $1,413 / Sq Ft |
| 08/16/2021 08/16/21 | Pending | -- | -- | -- |
| 07/30/2021 07/30/21 | For Sale | $2,499,000 | -- | $1,413 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $27,397 | $2,651,958 | $2,578,283 | $73,675 |
| 2024 | $27,397 | $2,599,959 | $2,527,728 | $72,231 |
| 2023 | $27,066 | $2,548,980 | $2,478,165 | $70,815 |
| 2022 | $26,498 | $2,499,000 | $2,429,573 | $69,427 |
| 2021 | $5,508 | $435,233 | $380,768 | $54,465 |
| 2020 | $5,386 | $430,771 | $376,864 | $53,907 |
| 2019 | $5,269 | $422,325 | $369,475 | $52,850 |
| 2018 | $5,151 | $414,045 | $362,231 | $51,814 |
| 2017 | $5,031 | $405,927 | $355,128 | $50,799 |
| 2016 | $4,918 | $397,968 | $348,165 | $49,803 |
| 2015 | $4,823 | $391,991 | $342,936 | $49,055 |
| 2014 | $4,719 | $384,313 | $336,218 | $48,095 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Nicholas Hooper
Compass
(949) 939-7083
11 in this area
55 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21166843
APN: 644-255-11
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.
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
Nearby Homes
- 567 Flora St
- 603 Pearl St
- 490 Agate St
- 802 Rembrandt Dr
- 686 Diamond St
- 1900 Catalina
- 1585 Catalina
- 702 Diamond St
- 1759 Glenneyre St
- 856 Diamond St
- 840 Gainsborough Dr
- 900 Gainsborough Dr
- 2142 Ruby Place
- 247 Calliope St
- 2378 Crestview Dr
- 1585 S Coast Hwy Unit 66
- 1585 S Coast Hwy Unit 65
- 1585 S Coast Hwy Unit 31
- 394 Moss St
- 30802 S Coast Hwy Unit K44