Sold
Closed
361 Cypress Drive
Laguna Beach CA, 92651
$3,075,000
$1,327.72 per sqft
Sold
Closed
2,316 sqft
Multi-family
Built in 1946
Listed by Thomas Paulauskas with Keller Williams Realty Antelope Valley 661-480-6110
Experience this unique beach community overflowing with warmth of character and community. The joy of smiling faces and sun kissed beaches, blue sky's and azure blue waters. It is no wonder homes located in the "Tree Streets" neighborhood of historic North Laguna are in such great demand, being only steps to Main Beach, Heisler Park, Boat Canyon, Divers Cove, this lovingly maintained vintage cottage has it all, multiple units, income, and location. Become enamored with all the possibilities when encountering this vintage cottage triplex + 1 has to offer. Enter through a white picket gate and rose trellis of this fully fenced yard and be drawn in by 3 bedroom, 2 bathroom with a jetted spa tub. Invited by walnut hardwood flooring that gently kisses white beadboard paneled walls and opens to an airy sky blue open beam vaulted ceiling and overhead ceiling fans. Pass through the French door flank dual fireplaces into a sun room gazing out onto a fully fenced backyard while enjoying your favorite cup coffee and book. Bask in the morning light of this cozy kitchen dinette in front of floor to ceiling bay windows. The spacious kitchen provides ample granite countertops, French provincial cabinets, stainless steel appliances, and nickel brushed hardware. Backyard gives generously offering a large jacuzzi hot tub shaded by fruit and avocado trees, and a considerable brick patio, ideal for entertaining. Just beyond find an 8 by 16 foot insulated storage shed with windows and French doors for all your beach chairs boards and bikes. Engage in more opportunity with the three turn-key furnished studio apartment's in the rear building along with a 3 car garage. At full occupancy the current owner rents the property for $19,550/m. A short term rental strategy has potential to rent for over $28,000+ gross. Buyer to verify info and short term licensing details. Take advantage of this rare and unique opportunity to produce income and be a brief stroll from art festivals, galleries, world-class restaurants, shopping, hiking/biking trails, Great Schools, Downtown Laguna, and of course The Beach.
SR23127274
MLSⓇ ID
July 13, 2023
Listed
October 11, 2024
Updated
Map
361 Cypress Drive
Laguna Beach CA, 92651
Interior Features
Total Stories
2
Appliances
Dryer, Washer
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.14 Acres
Lot Features
0-1 Unit/Acre
Sewer
Public Sewer
Other Property Details
Area Name
NL - North Laguna
Days on Market
112
Garage
Yes
Garage Spaces
3
Parking Total
3
View
No
County
Orange
Water Source
See Remarks
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
---|---|---|
12/15/2023 | Price change | $3,075,000 -9% |
12/15/2023 | Sold | $3,075,000 |
11/8/2023 | Price change | $3,349,500 -5% |
11/8/2023 | Under contract | — |
11/2/2023 | Pending | — |
9/19/2023 | Price change | $3,495,000 -6% |
Listing Contact: 661-538-2800
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/11/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/11/2024 at 4:35 PM UTC