$4,100,000 - 359 Myrtle Street, Laguna Beach

  • 0Beds
  • Baths
  • 0SQ. Feet
  • 0.14Acres

Amazing 4 unit investment property in North Laguna Beach situated on a large 50x122 street to alley lot just 3 blocks to the ocean. Beautifully landscaped grounds offer a pacific tropical paradise with hibiscus, plumeria, palms, ferns, citrus & rose bushes. Each of the 4 units seem like they're individual homes with great open floor plans & views of the lush landscaping. The front house, #359, includes 2 spacious bedrooms, 1 which leads to a private patio, 1 bathroom with a tub & shower, bright light & open kitchen concept to the living & dining rooms. Additional amenities include a front yard, gas fireplace, hardwood floors, and a single enclosed garage with 2nd tandem space behind it. Current rent is $3,675 per month. Unit #361 includes 1 bedroom, 1 bathroom with hardwood floors, living room that looks out to the courtyard, & 2 tandem parking spaces. Currently rented furnished for 31 night minimum stays and with current pricing set at $3,600/ month September - May, and $4,800 June - August. Unit #363 includes 2 spacious bedrooms, 1 bathroom, hardwood floors, front balcony overlooking the courtyard, spacious open kitchen concept, very sunny/bright with peek-a-boo ocean views and awesome 4th of July fireworks display, 1 car garage plus tandem space. Currently rented furnished for 31 night minimum stays for $3,990/ mo Sept - May, and $6,000/ mo June - Aug. Unit 363.5 is a studio with a large outdoor patio, full kitchen. Currently rented furnished 31 night minimum.

Sales Agent

Sam SmithLaguna Beach Realtors ®Phone: 949-355-1622Cell: 949-355-1622Contact Agent Now

Essential Information

  • MLS® #:TR22020157
  • Price:$4,100,000
  • Bathrooms:0.00
  • Acres:0.14
  • Year Built:1947
  • Type:Residential Income
  • Style:Cottage
  • Status:Active

Community Information

  • Address:359 Myrtle Street
  • Area:NL - North Laguna
  • Subdivision:North Laguna (NL)
  • City:Laguna Beach
  • County:Orange
  • State:CA
  • Zip Code:92651

Amenities

  • Utilities:Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Parking Spaces:6
  • # of Garages:2
  • View:City Lights, Coastline, Hills, Canyon
  • Pool:None

Interior

  • Interior:Tile, Wood
  • Interior Features:Balcony, Furnished, Bedroom on Main Level
  • Appliances:Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Water Heater, Dryer, Washer
  • Heating:Fireplace(s), Natural Gas, Wall Furnace
  • Cooling:None
  • Fireplace:Yes
  • Fireplaces:Bath, Kitchen, Living Room, Outside, Dining Room
  • Stories:Two

Exterior

  • Exterior:Stucco
  • Exterior Features:Awning(s)
  • Lot Description:Sprinklers In Rear, Sprinklers In Front, Lawn, Near Park, Near Public Transit, Rectangular Lot, Sprinklers Timer, Sprinklers On Side, Sprinkler System, Street Level, Value In Land, Yard, 26-30 Units/Acre
  • Roof:Asphalt, Shingle
  • Construction:Stucco
  • Foundation:Raised, Combination

Additional Information

  • Date Listed:February 1st, 2022
  • Days on Market:236
  • HOA Fees:0.00

Provided By: Jonathan Minerick, Homecoin.com.

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Based on information from California Regional Multiple Listing Service, Inc. as of September 25th, 2022 at 4:45am PDT. 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.