Stand by
USDAProperties.com is playing suspenseful music......

 

 

 

$2,950,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
368 Oak St
Laguna Beach, CA 92651
4 bed 3 bath 2,000 SqFt ($1475/SqFt)
4,678SqFt lot. Built 1923
Listed 2023-10-12, Taxes $20,336
Ⓧ USDA Ineligible
due to price & location

near Laguna Beach

Introducing a charming and vast triplex located on Oak Street in the highly sought-after Laguna Beach community.

This attractive property is situated a short distance from the beach and offers views of the ocean and the Laguna Beach lifestyle right outside your door. Each of the three units in this triplex has been meticulously maintained and updated, offering a comfortable and stylish living space for residents. The first unit is a spacious 2-bedroom, 1-bathroom house that features an open, yet cozy cottage floor plan and attractive hardwood floors. The kitchen is fully equipped with stainless steel appliances and modern finishes, complete with private yard perfect for those who love to cook and entertain. The upper second unit is a 1-bedroom, 1-bathroom unit that has been recently renovated with high-end finishes, including hardwood floors and fresh paint.

The unit boasts a comfortable living area with high ceilings, plenty of natural light, views of the ocean and a kitchen with modern appliances. The lower third unit is a charming 1-bedroom, 1-bathroom apartment with an equipped kitchen and a comfortable living space that opens out to a shared yard with a large deck that enjoys plenty of sunshine. The property offers shared laundry facilitie s and outdoor spaces for all tenants to enjoy and entertain. This triplex on Oak Street in Laguna Beach is a perfect investment opportunity for those looking for a beautiful and spacious property in a highly sought-after location near restaurants, coffee shops and world-class beaches. Whether you're an investor looking for a profitable rental property or a homeowner looking for a multi-generational living space, this triplex is sure to impress. Don't miss out on this rare opportunity to own a piece of paradise in Laguna Beach.


Presented by Richard Trey Dewey at
Pacific Sotheby's International Realty.
Listing Agent Photo

Property MLS #LG23190537 from CRMLS

Bedrooms: 4

Laundry Features: Common Area, Dryer Included, Washer Included

Full Bathrooms: 3

Flooring: Wood

Lot Description: Corner Lot
Lot Size Acres: 0.1073921
Lot Size Source: Assessor
Lot Size Square Feet: 4678

Parking Total: 5

View: Ocean

Number of Units: 3
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1

Calculated Total Monthly Association Fees: 0

Number of Units Leased: 2
Tenant Pays: All Utilities

Community Features: Biking, Curbs, Urban

Source Listing Status: Active
County: Orange
Source Property Type: Residential Income
Insurance Expense: 2500.00
Area: LV - Laguna Village
Source Neighborhood: The Village (VIL)
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 64408208
Postal Code Plus 4: 2915
Subdivision: The Village (VIL)
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$53,136 + $1,685,340
$1,738,476
$20,336
2021$52,095 + $1,652,294
$1,704,389
$19,813
2020$51,561 + $1,635,352
$1,686,913
$19,460
2019$50,550 + $1,603,287
$1,653,837
$19,066
2018$49,559 + $1,571,850
$1,621,409
$18,659
2017$48,588 + $1,541,029
$1,589,617
$18,246
2016$42,834 + $1,357,166
$1,400,000
$16,245
2015$42,834 + $1,232,166
$1,275,000
$14,896
2014$42,834 + $1,113,166
$1,156,000
$13,626
2013$42,834 + $857,166
$900,000
$10,981
2012$43,690 + $1,205,810
$1,249,500
$14,514
2011$42,834 + $1,182,166
$1,225,000
$14,210
2010$42,834 + $1,358,376
$1,401,210
$16,129
2009$42,936 + $1,361,604
$1,404,540
$16,148
2008$42,936 + $1,361,604
$1,404,540
$16,089
2007$42,095 + $1,334,905
$1,377,000
$15,818

Price Changed 2024-05-01
$2,950,000
CRMLS
Price Changed 2024-05-01
$2,950,000
CRMLS
Price Changed 2024-03-21
$3,190,000
CRMLS
Price Changed 2024-03-21
$3,190,000
CRMLS
Listed 2023-10-12
$3,250,000
CRMLS
Listed 2023-10-12
$3,250,000
CRMLS
Listing removed 2023-10-07
$0
CRMLS
Price Changed 2023-07-01
$3,250,000
CRMLS
Price Changed 2023-05-08
$3,499,000
CRMLS
Price Changed 2023-05-01
$3,550,000
CRMLS
Listed 2023-04-06
$3,650,000
CRMLS
Sold 2022-02-16
$2,450,000
Public Record
Listing removed 2021-02-17
$0
CRMLS
Listing removed 2021-02-17
$0
CRMLS
Listed 2020-09-21
$2,895,000
CRMLS
Listed 2020-09-20
$2,895,000
CRMLS
Sold 2006-01-30
$1,350,000
Public Record

Net Operating Income: 89350.00

Total Square Feet Living: 2000
Year Built: 1923
Building Features: 2
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: 1
Property Age: 101
Property Attached: Yes
Levels or Stories: One, Two
Building Total Stories: 2
Structure Type: Triplex
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 3000.00
Cable Connected
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public

Laguna Beach High School is a public high school located approximately 0.5 miles away.
directions icon Map directions

Thurston Middle School is a public middle school located approximately 1.2 miles away.
directions icon Map directions

Top Of The World Elementary School is a public elementary school located approximately 1.5 miles away.
directions icon Map directions

Laguna Beach Montessori School is a private elementary school located approximately 0.2 miles away.
directions icon Map directions

Click Thumbnail Images To View Full Size
house_viewunknownunknownunknownunknown
unknownunknownhouse_viewgarageliving_room
living_roomliving_roomliving_roomdining_roomdining_room
unknownbedroombedroombathroomkitchen
kitchenkitchenbedroombedroombedroom
porchporchporchporchyard
unknownliving_roomliving_roomhouse_viewliving_room
living_roomkitchenbedroombathroombathroom
dining_roomdining_roomdining_roomliving_roomkitchen
living_roomliving_roomliving_roomunknownbathroom
unknownporchporch

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.