$19,500,000

Laguna Beach, CA 92651

The Village Neighborhood

Estimated payment $128,962/month

Total Views 865
14 Beds
13 Baths
10,000 Sq Ft
$1,950 Price per Sq Ft

Highlights

  • 0.23 Acre Lot
  • 8 Car Garage
  • 4-minute walk to Brown's Park
  • El Morro Elementary School Rated A+

About This Home

SHORT-TERM RENTAL PROPERTY. Located on the sand in Laguna Beach with direct beach access, Sunset Cove Villas is an 8-unit multifamily investment opportunity. The property has 8 short-term rental permits with a unit mix range of one-, two-, and three-bedroom floorplans. All units include private outdoor space, entertainment system, fireplace, new vinyl window & sliders, canned lighting, forced heat & A/C, upgraded gourmet kitchen, upgraded bathrooms and ocean views.

Last Listed By

Mike O’Neill

CB Richard Ellis, Inc. License #02036937 Listed on: 05/28/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 11,002 Sq Ft Lot
  • Lot Dimensions are 50x200

Parking

  • 8 Car Garage

Home Design

  • 10,000 Sq Ft Home

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 13 Bathrooms

Community Details

  • 3 Buildings
  • 8 Units
  • 6-Story Property

Listing and Financial Details

  • Assessor Parcel Number 644-022-10

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

8

Listing Details

  • Property Type: Residential Income
  • Levels: Three Or More
  • Street Number Display: No
  • Living Area: 10000
  • Lot Acreage: 0.2300
  • Lot Dimensions: 50x200
  • Stories: 6
  • Year Built: 1959
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Total Bathrooms: 13.00
  • Price Per S Q F T: 1950.00

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 8
  • Parking Garage: Garage
  • Total Parking: 8

Lot Info

  • Assessed Improvement Percent: 14.29
  • Assessed Improvement Value: 2275657
  • Assessed Land Percent: 85.71
  • Assessed Land Value: 13653953
  • Total Assessed Value: 15929610
  • Assessor Parcel Number: 644-022-10
  • Lot Size Area: 11002

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 9.91
  • Number Of Units: 8
  • Total Annual Expense: 920874
  • Type Of Units: Apartments
  • Vacancy Rate: 3%

Range of Values:

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Average Value
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List 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
05/28/2025 05/28/25 For Sale $19,500,000 -- $1,950 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25544623

The MLS

California Orange County Laguna Beach 92651

The Village

This home and is currently priced at $19,500,000, approximately $1,950 per square foot. This property was built in 1959. This home is a home located in Orange County with nearby schools including El Morro Elementary School, Thurston Middle School, and Laguna Beach High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Mike O’Neill
Listing Agent
Mike O’Neill
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CB Richard Ellis, Inc.
(949) 997-1586