361 Cypress Drive Laguna Beach, CA 92651
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.
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Price History
| date | event | price | source |
|---|---|---|---|
|
12/15/2023
12/15/2023
|
Sold |
$3,075,000
|
CA Regional MLS (CRMLS) |
|
11/08/2023
11/08/2023
|
Contingent |
$3,349,500
|
CA Regional MLS (CRMLS) |
|
11/02/2023
11/02/2023
|
Pending |
$3,495,000
|
CA Regional MLS (CRMLS) |
|
09/19/2023
09/19/2023
|
Active |
$3,495,000
|
CA Regional MLS (CRMLS) |
|
07/13/2023
07/13/2023
|
Active |
$3,699,800
|
CA Regional MLS (CRMLS) |
Market Trends
Source: Constellation1
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