Estimated payment $24,713/month
Total Views
7,924
5
Beds
5
Baths
2,650
Sq Ft
$1,604
Price per Sq Ft
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
- 4 Open Parking Spaces
- 2 Car Garage
- 2 Carport Spaces
Property Views
- Ocean
- Coastline
- Catalina
- City Lights
- Woods
Home Design
- Triplex
- Midcentury Modern Architecture
- Modern Architecture
- Asphalt Roof
Interior Spaces
- 2,650 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
- Self-Cleaning Oven
- Gas Cooktop
- Dishwasher
- ENERGY STAR Qualified Appliances
- Disposal
Flooring
- Laminate
- Concrete
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Suite
- Mirrored Closets Doors
- 5 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
Recreation
- Park
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $2,000
- Insurance Expense $2,500
- Trash Expense $500
- Water Sewer Expense $1,000
- Operating Expense $7,675
- Net Operating Income $124,625
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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 |
Source: Public Records
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 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Individual Deed | $580,000 | Guardian Title Company |
Source: Public Records
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 |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25041313
APN: 656-112-07
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
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