474 Oak Street

    Laguna Beach, CA 92651
    • $2,650,000
    • STATUS: Active
    • ON SITE: 19 days
    • ID#: LG18003785
    UPDATED: 33 min ago
    $2,650,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,517
      SQFT
    • $1,053
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    Ideally situated in Laguna Village on desirable Oak Street, this detached mid-century cottage with additional units offers incredible flexibility for the price of a single family home. A wonderful two bedroom front house opens to a private courtyard providing a perfect owner's home, vacation home or a terrific rental if used as an investment property. The rear building holds two oversized one bedroom homes, completely detached from the front home and situated in a beautifully lush and private garden setting. An incredible opportunity on one of the most coveted Village streets. The property is just blocks from the beach and the best of Laguna's shopping and restaurants. Such flexibility - purchase it as an owner occupied or vacation home with rentals and use the income to make a big dent in the mortgage, or purchase it as an investment property in one of the best neighborhoods in Laguna Beach. Either way, you can't go wrong.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-25T10:25:39.863. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.californiarealtyexperts.com/homes/80526217

    474 Oak Street Laguna Beach, CA 92651

    • Price: $2,650,000
    • Status: Active
    • Updated: 33 min ago
    • ID#: LG18003785
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,517
    SQFT
    $1,053
    $/SQFT
    1955
    Built
    Neighborhood:
    The Village (Vil)
    County:
    Orange
    Area:
    LV - Laguna Village
    Property Description
    Ideally situated in Laguna Village on desirable Oak Street, this detached mid-century cottage with additional units offers incredible flexibility for the price of a single family home. A wonderful two bedroom front house opens to a private courtyard providing a perfect owner's home, vacation home or a terrific rental if used as an investment property. The rear building holds two oversized one bedroom homes, completely detached from the front home and situated in a beautifully lush and private garden setting. An incredible opportunity on one of the most coveted Village streets. The property is just blocks from the beach and the best of Laguna's shopping and restaurants. Such flexibility - purchase it as an owner occupied or vacation home with rentals and use the income to make a big dent in the mortgage, or purchase it as an investment property in one of the best neighborhoods in Laguna Beach. Either way, you can't go wrong.
    Exterior Features

    Garage Spaces 0.00 Lot Features 0-1 Unit/AcreLevel With StreetLot 6500-9999Lot Shape-RectangularPark NearbyWalkstreet Lot Size Source Assessor Lot Size Units Square Feet Parking Features Carport Parking Total 0.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No

    Interior Features

    Appliances Built In RangeRefrigerator Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Laundry Features In Carport Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Street Lighting Country Us Electric Expense 336.00 Elevation Units Feet Fuel Expense 136.92 Gardener Expense 1800.00 Gross Income 95700.00 Gross Scheduled Income 95700.00 Insurance Expense 2576.00 Land Lease YN No Laundry YN Yes Net Operating Income 91332.00 New Taxes Expense 0.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Number Of Units Leased 3 Number With Dishwasher 3 Number With Range 3 Number With Refrigerator 3 Operating Expense 4368.00 Property Sub Type Apartment Rent Control YN No Senior Community YN No Special Listing Conditions Standard Subdivision Name Other The Village (Vil) Tenant Pays Cable TvElectricityGas Total Expenses 6948.92 Trash Expense 0.00 Utilities Sewer Available Water Sewer Expense 2100.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Nicholas Hooper of Compass and Michael Johnson of Villa Real Estate.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-25T10:25:39.863. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    California Realty Experts
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