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$9,500,000   Price Analysis
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2442 S Coast Hwy
Laguna Beach, CA 92651
16 bed 16 bath 9,336 SqFt ($1017/SqFt)
8,988SqFt lot. Built 1964
Listed 2024-02-02, Taxes $55,785
Ⓧ USDA Ineligible
due to price & location

near Laguna Beach

2442 Laguna is a rare fully renovated 8-unit

Three-story, ocean view oriented apartment community built in 1964. Located in the city of Laguna Beach, California, situated on .222 acres of land, this property contains one building constructed of wood frame and stucco with stone accents. The roof system s flat built up. 2442 Laguna is comprised of a majority two-bedroom / two-bathroom units, with an a verage unit size of 1, 124 sf. 2442 Laguna features panoramic ocean and Catalina Island views which enrich every residenceeach offering its own unique character through an array of chic features that vary by unit. Recent DRE Approval - Active TIC (Tenant in Common Ownership Structure), which could allow for individual sale of units.

Open floorplans showcase large balconies or expansive rooftop decks, hardwood flooring in a variety of colors, contemporary fireplaces, new windows and glass doors, water- and energy-saving washer and dryer sets, jetted bathtubs, walk-in closets, Noritz instant hot water systems and state-of-the-art wiring for full HDTV, surround sound, home automation and security systems. Each unit is centered around a modern chefs kitchen with island, a variety of solid-surface and stone countertops, Wolf ranges and hoods, Sub-Zero refrigerators, Bosch dishwashers and sleek new cabinetry. Residents will enjoy easy access to stunningly attractive beaches and coves, a broad spectrum of restaurants and shops, Lagunas popular Main Beach, Aliso Beach, parks, hiking trails and luxe hotels, including Montage Resort and Spa.


Presented by Peter M Hauser at
NorthMarq Realty Services, Inc.


Property MLS #OC24024333 from CRMLS

Bedrooms: 16

Laundry Features: Dryer Included, Washer Included

Full Bathrooms: 16

Lot Description: Bluff
Lot Size Acres: 0.2063361
Lot Size Source: Assessor
Lot Size Square Feet: 8988

Garage Spaces: 4
Parking Total: 10

Number of Units: 8
Bedrooms in Unit-1: 2
Total Bathrooms in Unit-1: 2
Unit-1 Garage Spaces: 4

Vacancy Allowance: 14232

Community Features: Biking, Watersports

Source Listing Status: Active
County: Orange
Source Property Type: Residential Income
Insurance Expense: 6500.00
Area: LV - Laguna Village
Source Neighborhood: Upper Victoria Beach (UVB)
Number of Separate Electric Meters: 8
Number of Separate Gas Meters: 8
Number of Separate Water Meters: 8
Parcel Number: 65611305
Postal Code Plus 4: 3957
Professional Management Expense: 9203.00
Subdivision: Upper Victoria Beach (UVB)
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$494,793 + $4,456,242
$4,951,035
$55,785
2021$485,092 + $4,368,864
$4,853,956
$54,507
2020$480,118 + $4,324,067
$4,804,185
$53,702
2019$470,704 + $4,239,282
$4,709,986
$52,631
2018$461,475 + $4,156,159
$4,617,634
$51,516
2017$452,427 + $4,074,666
$4,527,093
$50,386
2016$443,556 + $3,994,771
$4,438,327
$49,321
2015$436,894 + $3,934,766
$4,371,660
$48,467
2014$428,336 + $3,857,690
$4,286,026
$47,443
2013$426,401 + $3,840,255
$4,266,656
$47,163
2012$418,041 + $3,764,956
$4,182,997
$46,244
2011$409,845 + $3,691,133
$4,100,978
$45,257
2010$406,782 + $3,663,547
$4,070,329
$45,308
2009$407,749 + $3,672,251
$4,080,000
$45,438
2008$399,754 + $3,600,246
$4,000,000
$44,509
2007$367,271 + $2,233,729
$2,601,000
$30,027

Listed 2024-02-02
$9,500,000
CRMLS
Listing removed 2024-01-25
$5,500
TheMLSCLAW
Listing removed 2024-01-18
$5,500
CRMLS
Listing removed 2024-01-02
$0
CRMLS
Listed for rent 2023-12-06
$5,500
CRMLS
Listed 2023-10-30
$9,500,000
CRMLS
Listing removed 2023-06-02
$5,500
CRMLS
Sold 2022-03-31
$8,668,000
Public Record
Listing removed 2022-01-23
$0
CRMLS
Listing removed 2021-09-03
$0
TurboTenant
Listing removed 2021-09-02
$0
TheMLSCLAW
Listed for rent 2021-08-11
$4,700
TurboTenant
Listing removed 2021-07-29
$0
TurboTenant
Listing removed 2021-07-16
$0
AppfolioUnits
Listed for rent 2021-07-07
$4,700
TurboTenant
Listed for rent 2021-07-01
$4,700
AppfolioUnits
Listed for rent 2021-06-25
$4,700
TheMLSCLAW
Listed 2021-01-26
$8,950,000
CRMLS
Listing removed 2020-09-12
$0
CRMLS
Listing removed 2020-06-22
$0
AppfolioUnits
Listing removed 2020-06-21
$0
AppfolioUnits
Listed for rent 2020-05-24
$4,595
AppfolioUnits
Price Changed for rent 2020-05-19
$4,596
AppfolioUnits
Relisted 2020-05-12
$8,985,000
CRMLS
Listing removed 2020-05-05
$0
CRMLS
Relisted 2020-04-24
$8,985,000
CRMLS
Listing removed 2020-04-23
$0
CRMLS
Listed for rent 2020-04-01
$4,695
AppfolioUnits
Listing removed 2020-03-21
$0
AppfolioUnits
Price Changed for rent 2020-03-09
$4,695
AppfolioUnits
Price Changed for rent 2020-02-18
$3,410
AppfolioUnits
Listed for rent 2020-02-14
$3,750
AppfolioUnits
Listed 2020-02-07
$8,985,000
CRMLS
Listing removed 2020-02-02
$0
CRMLS
Price Changed 2019-09-24
$8,985,000
CRMLS
Listed 2019-08-29
$9,250,000
CRMLS
Listing removed 2019-08-26
$0
CRMLS
Listed 2019-04-11
$9,250,000
CRMLS
Listing removed 2019-01-12
$4,300
CRMLS
Listing removed 2018-12-10
$4,300
CRMLS
Listed for rent 2018-07-24
$4,300
CRMLS
Listing removed 2017-05-03
$7,799,000
CRMLS
Relisted 2017-02-22
$7,799,000
CRMLS
Listing removed 2017-02-20
$7,799,000
CRMLS
Price Changed 2017-01-25
$7,799,000
CRMLS
Price Changed 2016-08-02
$8,500,000
CRMLS
Listed 2016-05-01
$8,995,000
CRMLS
Listing removed 2013-01-01
$6,499,000
SoCalMLS
Listing removed 2013-01-01
$6,499,000
ITECH
Listing removed 2012-10-12
$6,499,000
CRMLS
Listed 2012-10-11
$6,499,000
CRMLS
Listing removed 2012-10-01
$6,499,000
SoCalMLS
Listing removed 2012-10-01
$6,499,000
ITECH
Listed 2012-10-01
$6,499,000
ITECH
Listed 2012-10-01
$6,499,000
SoCalMLS
Listed 2012-03-21
$6,499,000
ITECH
Listed 2012-03-21
$6,499,000
SoCalMLS
Listing removed 2012-03-18
$6,499,000
SoCalMLS
Listing removed 2012-03-18
$6,499,000
ITECH
Relisted 2011-07-19
$6,499,000
SoCalMLS
Listing removed 2011-07-13
$6,499,000
SoCalMLS
Relisted 2011-07-11
$6,499,000
SoCalMLS
Listing removed 2011-06-28
$6,499,000
SoCalMLS
Price Changed 2011-04-11
$6,499,000
SoCalMLS
Relisted 2010-09-13
$7,299,000
SoCalMLS
Listing removed 2010-08-04
$7,299,000
SoCalMLS
Relisted 2010-07-05
$7,299,000
SoCalMLS
Listing removed 2010-06-12
$7,299,000
SoCalMLS
Listed 2010-01-19
$6,499,000
ITECH
Listed 2010-01-19
$7,299,000
SoCalMLS
Sold 2007-10-01
$4,000,000
Public Record
Sold 2007-08-30
$4,000,000
ITECH
Listed 2006-10-12
$4,000,000
ITECH
Listing removed 2006-06-02
$4,360,000
ITECH
Listed 2006-02-22
$4,360,000
ITECH
Sold 2002-03-25
$1,775,000
Public Record
Sold 1991-12-31
$190,000
Public Record

Net Operating Income: 322179.00

Total Square Feet Living: 9336
Year Built: 1964
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 60
Property Attached: Yes
Property Condition: Turnkey
Building Total Stories: 3
Structure Type: Apartment
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

Laguna Beach High School is a public high school located approximately 1.3 miles away.
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Thurston Middle School is a public middle school located approximately 1.7 miles away.
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El Morro Elementary School is a public elementary school located approximately 4.4 miles away.
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St. Catherine Of Siena Parish School is a private elementary and middle school located approximately 0.5 miles away.
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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.