Sold

361 Cypress Drive

Laguna Beach CA, 92651

$3,495,000


$1,509.07 per sqft

Sold

6 Beds

4.5 Baths

2,316 sqft

Multi-family

Built in 1946

Listed by Thomas Paulauskas with Keller Williams Realty Antelope Valley 661-538-2800

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.

SR23131532

MLS ID

July 17, 2023

Listed

February 16, 2024

Updated

Map

361 Cypress Drive
Laguna Beach CA, 92651

Interior Features

Total Stories

2


Bedrooms

6 Beds


Bathrooms

4.5 Baths


Interior Features

Workshop


Appliances

Dryer, Washer


Fireplace

Yes


Fireplace Description

Gas, Wood Burning


Cooling

Yes


Cooling Description

Gas, Wall/Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

0.14 Acres


Lot Features

0-1 Unit/Acre


Sewer

Public Sewer

School Information

School District

Laguna Beach Unified


High School

Laguna Beach


Elementary School

El Morro

Other Property Details

Area Name

NL - North Laguna


Days on Market

91


Garage

Yes


Garage Spaces

3


Parking Total

3


View

Yes


View Description

Ocean, Peek-A-Boo


County

Orange


Water Source

Private, See Remarks


Pool

No


Pool Features

None


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

12/13/2023

Price Change

$3,075,000

-13%

12/13/2023

Sold

10/18/2023

Pending

9/1/2023

Price Change

$3,495,000

-6%

Listing Contact: 661-538-2800 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/16/2024. 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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/16/2024 at 6:21 AM UTC

 

Powered byLuxury Presence