359 Myrtle Street, Laguna Beach

$4,100,000

0 Bed
0 Bath
.14 Acre
2 Garages

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.

Essential Information
MLS® #TR22020157
Price$4,100,000
Bathrooms0.00
Acres0.14
Year Built1947
TypeResidential Income
StyleCottage
StatusActive
Community Information
Address359 Myrtle Street
AreaNL - North Laguna
SubdivisionNorth Laguna (NL)
CityLaguna Beach
CountyOrange
StateCA
Zip Code92651
Amenities
Parking Spaces6
# of Garages2
PoolNone
Utilities

Cable Available, Electricity Connected, Water Connected, Natural Gas Connected, Phone Available, Sewer Connected

View

City Lights, Coastline, Canyon, Hills

Interior
InteriorTile, Wood
CoolingNone
FireplaceYes
StoriesTwo
Interior Features

Balcony, Furnished, Bedroom on Main Level

Appliances

Dishwasher, Disposal, Gas Water Heater, Water Heater, Dryer, Washer, Gas Oven, Gas Range

Heating

Fireplace(s), Natural Gas, Wall Furnace

Fireplaces

Dining Room, Living Room, Outside, Bath, Kitchen

Exterior
ExteriorStucco
Exterior FeaturesAwning(s)
RoofAsphalt, Shingle
ConstructionStucco
FoundationCombination, Raised
Lot Description

Lawn, Rectangular Lot, Sprinkler System, Street Level, Value In Land, Yard, 26-30 Units/Acre, Near Park, Near Public Transit, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer

Additional Information
Date ListedFebruary 1st, 2022
Days on Market307
HOA Fees0.00
Listing Details
AgentJonathan Minerick
OfficeHomecoin.com
Property History
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of December 5th, 2022 at 8:15pm PST. 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.