363 Cleo ST Laguna Beach, CA 92651
Sale
$2,995,000
2 Units
4 Beds
4 Baths
2,600 Area(sq.ft.)
9,583 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 2 | No | $ 4,700 | $ 4,700 | $ 5,500 |
| Unit 2 | 1 | 2 | 2 | No | $ 4,575 | $ 4,575 | $ 5,000 |
| 2 | 2 | 4 | 4 | $ 9,275 | $ 9,275 | $ 10,500 |
| MLS #: | LG24051221MR |
| Days On Market: | 83 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,152 |
| Price per unit: | $ 1,497,500 |
| Year Built: | 1992 |
Property Details
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.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Gross Operating Income: | $ 107,961 |
| Total Annual Expense: | $ 33,390 |
| Net Operating Income: | $ 74,571 |
Structure
| Community Features: | Street Lights |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
| Parking Garage: | Assigned |
Interior
| Equipment: | Dishwasher, Garage |
| Heating: | Forced Air |
| Fireplace Rooms: | Living Room |
| Laundry: | Garage |
Exterior
| Exterior Construction: | Plaster |
| Pool: | No |
| Spa: | No |
Detailed Map
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Income
