$1,950,000
SOLD MAY 31, 2022
4 Beds
4 Baths
1,876 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$1,039 Per Sq Ft

7% Below List Price

62 Days on Market

Highlights

  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Main Floor Primary Bedroom
  • El Morro Elementary School Rated A+
  • Traditional Architecture
  • No HOA

About This Home

As of July 2024

Perfectly Located in the Laguna Village at the End of the Cul-de-Sac on Griffith Way, this Secluded Two-Unit Duplex Features 4 Bedrooms, 4 Bathrooms, 2 Open Floorplan Family Rooms, 2 Interior Laundry Areas, a 2-Car Garage, a Large Private Upper Deck, an Extended Driveway with Additional Parking Pad, and all on a Spacious 4,792 square foot lot, approximately. With an Updated and Remodeled Interior, the Upper 2 Bedroom and 2 Bathroom Residence Offers an En-Suite, an Expansive Private Deck for Entertaining, a Remodeled Kitchen, Wall-Unit Air Conditioners in Bedrooms, 2 Remodeled Bathrooms, a Spacious Family Room, an Interior Laundry Area, Newer Engineered Flooring, Newer Carpet, Fresh Paint, Newer Light Fixtures, and Newer Windows. The Lower 2 Bedroom and 2 Bathroom Residence Presents a Comfortable Single-Level Living Atmosphere with an En-Suite, an Updated Kitchen, 2 Updated Bathrooms, a Spacious Family Room, an Interior Laundry Area, Newer Flooring, Fresh Paint, Newer Light Fixtures, Newer Windows, and a Private Rear Patio Surrounded by Trees and Vegetation. With the Access and Private Use of the Extended Driveway with an Additional Parking Pad and a Large 2-Car Garage, this Duplex Provides Sufficient Parking. The 2 Units also Include Stainless Appliances in the Kitchens, Newer Washers, and Newer Dryers. This Property is Positioned just Minutes to the Ocean and to Downtown for Shopping and Restaurants. There are Possibilities to Live in One and Lease the Other, or Lease Both for Income Purposes. Laguna Beach Offers Excellent Schools, World-Class Beaches, Fine Restaurants and Entertainment, Shopping, the Arts, and more...

Last Agent to Sell the Property

Steven Abraham

First Team Real Estate License #01246369 Listed on: 02/03/2022

First Team Real Estate

Last Buyer's Agent

Marcella Seidensticker

Berkshire Hathaway HomeServices California Properties License #01987107

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 4,792 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre
  • 64411154

Parking

  • 2 Car Garage
  • Attached Carport
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway Level

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,876 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

  • Galley Kitchen
  • Gas Range
  • Free-Standing Range
  • Dishwasher
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Natural Gas Connected
  • Water Heater
  • Sewer Paid

Additional Features

  • Balcony
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 23
  • Tax Tract Number 750
  • Assessor Parcel Number 64411157

Community Details

Overview

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

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $1,200
  • Insurance Expense $1,440
  • Water Sewer Expense $900
  • Operating Expense $3,540
  • Gross Income $75,600
  • Net Operating Income $72,060

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 1050000
  • Property Attached: Yes
  • Subdivision Name Other: The Village (VIL)
  • Water Sewer Expenses: 900.00
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 64411157
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Fireplace Features: Family Room, Kitchen, Master Bedroom, Master Retreat, Electric, Gas
  • Levels: Two
  • Price Per Square Foot: 1039.45
  • Room Type: Family Room, Galley Kitchen, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, Driveway, Asphalt, Driveway Level, Garage, Garage Faces Front, Garage - Single Door, Private
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Range, Refrigerator, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, In Closet, Inside, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 64411154
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 75600.00
  • Gross Scheduled Income: 75600.00
  • Insurance Expense: 1440.00
  • Lot Size Area: 4792.0000 Square Feet
  • Net Operating Income: 72060.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Number With Carpet: 1
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 3540.00
  • Rent Control: No
  • Total Actual Rent: 75600.00
  • Total Expenses: 3540.00

Tax Info

  • Tax Lot: 23
  • Tax Tract Number: 750

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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

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $2,200,000 -6.4% $1,173 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
05/09/2024 05/09/24 Price Changed $2,350,000 -5.8% $1,253 / Sq Ft
04/05/2024 04/05/24 For Sale $2,495,000 0.0% $1,330 / Sq Ft
01/06/2023 01/06/23 Rented $4,550 +1.1% --
12/31/2022 12/31/22 For Rent $4,500 -0.6% --
11/17/2022 11/17/22 Rented $4,525 +0.6% --
10/17/2022 10/17/22 For Rent $4,500 0.0% --
05/31/2022 05/31/22 Sold $1,950,000 -7.1% $1,039 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $2,100,000 0.0% $1,119 / Sq Ft
10/04/2019 10/04/19 Rented $3,000 0.0% --
08/28/2019 08/28/19 Price Changed $3,000 -6.3% $3 / Sq Ft
08/05/2019 08/05/19 For Rent $3,200 0.0% --
02/22/2013 02/22/13 Sold $975,000 -1.0% $520 / Sq Ft
10/29/2012 10/29/12 Pending -- -- --
03/21/2012 03/21/12 For Sale $985,000 -- $525 / 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: LG22019175

California Regional Multiple Listing Service (CRMLS)

APN: 644-111-57