363 Cleo Street Laguna Beach, CA $ 2,995,000
363 Cleo Street
$ 2,995,000
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363 Cleo Street

Laguna Beach, CA, 92651
$ 2,995,000
Bedrooms4 Baths4.0 Sq 2,600

Monthly Estimate*

$ 19,906

Listed by Berkshire Hathaway HomeServices California Properties
363 Cleo Street, Laguna Beach, CA 92651 - Image 1
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363 Cleo Street, Laguna Beach, CA 92651 - Image 8
363 Cleo Street, Laguna Beach, CA 92651 - Image 9
363 Cleo Street, Laguna Beach, CA 92651 - Image 10
363 Cleo Street, Laguna Beach, CA 92651 - Image 11
363 Cleo Street, Laguna Beach, CA 92651 - Image 12
363 Cleo Street, Laguna Beach, CA 92651 - Image 13
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363 Cleo Street, Laguna Beach, CA 92651 - Image 16
363 Cleo Street, Laguna Beach, CA 92651 - Image 17

Multi-Family Home for sale in Laguna Beach, CA

for $2,995,000 with 4 bedrooms and 4 full baths. This 2,600 square foot home was built in 1992 on a lot size of 0.22.

EXCELLENT VALUE FOR A SPACIOUS DUPLEX ON A LARGE LOT JUST MINUTES FROM THE BEACH AND LAGUNA'S "HIP" DISTRICT. THE UNITS ARE SIDE BY SIDE WITH NO-ONE ABOVE OR BELOW AND EACH UNIT OFFERS TWO LARGE BEDROOMS, TWO BATHS, FIREPLACE IN LIVING ROOM, OPEN KITCHEN, DINING AND LOTS OF LIGHT AND PRIVACY. EACH UNIT HAS AN ATTACHED 2-CAR GARAGE AND FEELS LIKE A SEPARATE CONDO/TOWNHOME. Incredible investment opportunity in prime section of Laguna's iconic "Village" or live in one unit and rent the other. Both units are currently rented and the owner wants to respect the Tenant's privacy. As such, there will be no preview or open house and showings will require a written offer (obviously subject to buyer's sole approval after inspection). Designed by Morris Skenderian this property has never before been for sale. Call listing agent for more information or general descriptions. BUYER TO COOPERATE WITH SELLER'S 1031 TAX DEFERRED EXCHANGE ALL EXPENSE NUMBERS AND THE PROFORMA RENTS ARE ESTIMATES ONLY. SQUARE FOOTAGES ARE ESTIMATED.

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Multi-Family Active

Price

$ 2,995,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.22

Year Built

1992

Town/City

Laguna Beach

County/Region

Orange

MLS | Web ID

LG24051221

Days on Market

87

Features
General
Sewer PublicSewer
Heating ForcedAir
Utilities CableConnected ElectricityConnected NaturalGasConnected
Appliances BuiltInRange Dishwasher Disposal
HOA 0.0
Garage Spaces 4.0
Pool Features None
Construction Materials Plaster
Year Built 1992
Tenant Pays CableTV Electricity Gas Telephone
Stories 2
Levels Two
Property SubType Duplex
Gross Income 111300.0
Community Features StreetLights
County Orange
Net Operating Income 74571.0
Operating Expense 33390.0
Insurance Expense 3000.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name The Village (VIL)
Garage Y/N Y
Other Structures TwoOnALot
Special Listing Conditions Standard
Status Active
Directions TWO BLOCKS FROM BEACH ON CLEO (ABOVE GLENNEYRE). DRIVEWAY ON RIGHT SERVICES THIS PROPERTY AND TWO OTHERS)
City Laguna Beach
Entry Location 1
View Y/N Y
Senior Community Y/N N
Open Parking Spaces 4.0
NumberOfUnitsTotal 2
MLS Area LV - Laguna Village
Lot Size Units SquareFeet
Lot Size Square Feet 9583.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Cleo
Listing Terms Item1031Exchange
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 400.0
Water Sewer Expense 600.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 85
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 21
Property Sub Type Additional Duplex
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Exterior
Parking Features Assigned
Lot Features CulDeSac IrregularLot NearPublicTransit
Water Source Public
Total Parking 8.0
Lot Size Area 9583.0
Number of Buildings 1
Spa N
Building Area Total 2600.0
Street Suffix Street
Lot Size Acres 0.22
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features LivingRoom
Total Stories 2
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Laundry Features InGarage
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 363
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* Excluded Features
List By
Berkshire Hathaway Homeservices California Properties

Broker

(949) 499-5900

Phone

Affordability Calculator

$19,906
Per Month
100%
0%
0%
Monthly Principal & Interest
$19,906
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/14/2024$2,995,000 Listed Price

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363 Cleo Street, Laguna Beach, CA, 92651 is a Multi-Family Home for sale at $2,995,000 with 2,600 sqft and a lot size of 0.22. 363 Cleo Street has 4 bedrooms, 4.0 baths, and was built in 1992. The property's zip code is 92651 which is in Laguna Beach, CA