417 Poplar st, Laguna Beach, CA 92651
Active
$2,995,000
3 Units
3 Beds
3 Baths
2,062 Area(sq.ft.)
Lot: 6,125 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | No | $ 4,300 | $ 4,300 | $ 4,300 |
| Unit 2 | 1 | 1 | 1 | No | $ 2,280 | $ 2,280 | $ 2,700 |
| Unit 3 | 1 | 1 | 1 | No | $ 1,795 | $ 1,795 | $ 2,500 |
| 3 | 3 | 3 | $ 8,375 | $ 8,375 | $ 9,500 |
| MLS #: | 25496537 |
| Days On Market: | 284 |
| Listing Date: | March 5, 2025 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,452 |
| Price per unit: | $ 998,333 |
| Year Built: | 1937 |
Property Details
Receive rental income while going through Laguna's design process. *** Zoned R1 (Single-Family Residential), this legal nonconforming detached duplex plus a fully permitted detached ADU offers incredible flexibility. Whether you're an investor seeking additional rental income or a homeowner looking to convert it into a stunning single-family residence, this property presents exceptional potential in a highly desirable location, The Tree Streets in North Laguna Beach. *** Just a short stroll to renowned art galleries, Heisler Park, local restaurant favorites and convenient public transportation, including Laguna's free trolley. *** This property places you in the center of coastal charm and culture. Enjoy the vibrant energy of Laguna Beach year-round with iconic events such as the Pageant of the Masters, Sawdust Art Festival, and Art-A-Fair, all celebrating the city's deep artistic roots. When the holiday season approaches, don't miss Hospitality Night in December, when the streets come alive with festive lights, music, and community cheer. *** Nestled in one of Laguna's most sought-after neighborhoods, this property blends coastal living with unbeatable convenience, making it a must-see! Don't miss this incredible opportunity to own a piece of Laguna Beach history. *** PLEASE DO NOT DISTURB TENANTS! A STRICT 24 HOUR NOTICE IS REQUIRED for showings by pre-qualified buyers only.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | Yes, 100% |
| Gross Operating Income: | $ 100,500 |
| Total Annual Expense: | $ 19,011 |
| Net Operating Income: | $ 81,489 |
| Gross Annual Income: | $ 100,500 |
| Cap Rate: | 2.7% |
| Gross Rent Multiplier: | 29.80 |
Structure
| Type of Units: | Detached |
| Buildings: | 3 |
| Levels: | One |
| Style: | Ranch |
| View Description: | None |
| Water: | Public |
Land & Parking
| Zoning: | R-1 |
| Parking Garage: | Driveway - Concrete, Parking Space, Tandem, On street |
Interior
| AC/Cooling: | None |
| Equipment: | Range/Oven, Refrigerator, Washer, Dryer |
| Heating: | Fireplace, Other |
| Fireplace Rooms: | Living Room |
| Laundry: | Outside |
Exterior
| Exterior Construction: | Concrete, Detached/No Common Walls, Wood Siding |
| Pool: | No |
Detailed Map
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