
Estimated payment $24,436/month
Highlights
- Ocean View
- Spa
- Midcentury Modern Architecture
- El Morro Elementary School Rated A+
- Primary Bedroom Suite
- Outdoor Fireplace
About This Home
Welcome to Woods Cove
Stunning Ocean-View Triplex in Laguna Beach. Use as investment or live in one side and receive income to offset mortgage.
Perched in the heart of Laguna Beach on a 7405 sq ft lot, this exceptional modern triplex, designed by renowned architect Morris Skenderian, offers breathtaking ocean views and a prime investment opportunity. Each unit boasts ocean view, dedicated parking, private laundry and a thoughtful design, blending contemporary style with coastal living.
Main Unit (2 Bed | 2 Bath) – The largest of the three, this unit features an expansive exterior patio with stunning ocean views, and an open-concept living space with fireplace and cork laminate flooring. Designer features include AGS Marine Grade Stainless Steel Wire Railing, The Shade Store solar blinds and The Sliding Door Company custom sized laundry doors with Electrolux W/D. Includes 1-car garage + 1 tandem parking space. Updated approximately 4 years ago. This unit has air conditioning.
Second Unit (2 Bed | 2 Bath) – This unit has a great mid-century charm with white washed wooden panels. This spacious unit offers a large outdoor patio, ample natural light, and a well-appointed interior with fairly new dishwasher. Includes 1-car garage + 1 tandem parking space.
Third Unit (1 Bed | 1 Bath) – Fully remodeled this year, this private retreat features a stylish interior, with new LG W/D, new bath, a secluded patio, and a covered parking space with 1 tandem parking space.
This meticulously maintained triplex provides an exceptional opportunity for owner-occupants, investors, or 30 day summer vacation rental possibilities in Woods Cove is one of Southern California’s most coveted coastal enclaves. Walk to beach under PCH and enjoy proximity to world-class beaches, dining, and the vibrant Laguna Beach arts scene.
Exterior Upgrades: In January 2025. New Roof, New Velux Skylights with blinds, New Chimney Stacks and exhaust either replaced or painted. Exterior Atrium trim wood removed/replaced/painted. Entire Exterior Siding and Fencing Painted. Trees and lower level trimmed and cleaned. Garage door springs replaced and oiled. All units have been repiped and hot water tanks replaced 2018. Submeter in place.
Lower lot is planted with fruit trees and can be enjoyed by all tenants. It is nicely manicured and is a great place to escape to relax.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,881
Year Built
- Built in 1988
Lot Details
- 7,405 Sq Ft Lot
- 1 Common Wall
- South Facing Home
- Wood Fence
- Lot Sloped Down
Parking
- 2 Car Attached Garage
- 4 Open Parking Spaces
- 2 Carport Spaces
Property Views
- Ocean
- Coastline
- Catalina
- City Lights
- Woods
Home Design
- Triplex
- Midcentury Modern Architecture
- Modern Architecture
- Asphalt Roof
Interior Spaces
- 1,100 Sq Ft Home
- 2-Story Property
- High Ceiling
- Gas Fireplace
- Blinds
- Wood Frame Window
- Casement Windows
- Sliding Doors
- Entryway
- Living Room with Fireplace
Kitchen
- Electric Oven
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- Gas Cooktop
- Dishwasher
- ENERGY STAR Qualified Appliances
- Disposal
Flooring
- Laminate
- Concrete
- Tile
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Suite
- Mirrored Closets Doors
- 5 Full Bathrooms
- Spa Bath
Laundry
- Laundry Room
- Dryer
- 220 Volts In Laundry
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- Lowered Light Switches
- Doors swing in
Eco-Friendly Details
- ENERGY STAR Qualified Equipment for Heating
Outdoor Features
- Spa
- Outdoor Fireplace
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Underground Utilities
- 220 Volts in Kitchen
- ENERGY STAR Qualified Water Heater
- Gas Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 5 / 18
- Tax Tract Number 23
- Assessor Parcel Number 65611207
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 3 Units
- Woods Cove Subdivision
Recreation
- Park
Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|---|
2024 | $14,881 | $966,489 | $573,480 | $393,009 |
2023 | $11,734 | $947,539 | $562,236 | $385,303 |
2022 | $11,412 | $928,960 | $551,211 | $377,749 |
2021 | $11,095 | $910,746 | $540,403 | $370,343 |
2020 | $10,871 | $901,408 | $534,862 | $366,546 |
2019 | $10,641 | $883,734 | $524,375 | $359,359 |
2018 | $10,408 | $866,406 | $514,093 | $352,313 |
2017 | $10,170 | $849,418 | $504,013 | $345,405 |
2016 | $9,945 | $832,763 | $494,130 | $338,633 |
2015 | $9,760 | $820,255 | $486,708 | $333,547 |
2014 | $9,552 | $804,188 | $477,174 | $327,014 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/04/2025 03/04/25 | For Sale | $4,200,000 | -1.2% | $3,818 / Sq Ft |
03/02/2025 03/02/25 | For Sale | $4,250,000 | 0.0% | $1,604 / Sq Ft |
02/27/2025 02/27/25 | Price Changed | $4,250,000 | 0.0% | $1,604 / Sq Ft |
06/01/2013 06/01/13 | Rented | $2,100 | +5.0% | -- |
05/21/2013 05/21/13 | Under Contract | -- | -- | -- |
05/03/2013 05/03/13 | For Rent | $2,000 | 0.0% | -- |
06/15/2012 06/15/12 | Rented | $2,000 | 0.0% | -- |
05/13/2012 05/13/12 | Under Contract | -- | -- | -- |
05/01/2012 05/01/12 | For Rent | $2,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | -- | |
Individual Deed | $580,000 | Guardian Title Company |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $850,000 | Adjustable Rate Mortgage/ARM | |
Previous Owner | $464,000 | Purchase Money Mortgage | |
Closed | $58,000 | No Value Available |
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25047794

APN: 656-112-07
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