496 Cypress Drive, Laguna Beach, CA 92651

$3,550,000

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Sold Price
$3,550,000
List Price
$3,595,000
Closing Date
Jan 26, 2024
Status
CLOSED
MLS#
PW23172178
Year Built
1978
Lot Size
3,920
Acres
0.09
Lot Location
Back Yard, Corner Lot, Front Yard, Landscaped, Near Park, Walkstreet, Yard
Days on Market
96
Property Type
Multifamily
Property Sub Type
Duplex
Stories
Two Levels
Neighborhood
North Laguna (Nl)

Property Description

Prime North Laguna Beach ocean view townhome duplex. Distance to the sand is about .16 miles which is a 3-5 minute walk. Situated in one of the best locations in North Laguna, residents can walk to the sand, famous Las Brisas restaurant, Main Beach, The Village, Heisler Park and Diver's Cove from this property or be in Newport Coast in just a matter of minutes. Whether for investment or renting one unit and enjoying the second, this is a rare opportunity. Laguna beach parking is tough but not when you have 4 garage parking spaces and 4 spaces in the driveway, in addition to the street permit parking. Property was renovated on the interior and exterior by the current owner. This duplex is comprised of 2 almost identical townhouses with plenty of private backyard and front yard space for outdoor entertaining. These units do not feel like a cramped beach cottage with no space. Each unit has a separate entrance on opposite sides of the building so they feel more like comfortable private homes walking distance to the water than a duplex. Each unit has a main floor bedroom and full bathroom and an additional bedroom and full bathroom on the second floor along with the main living areas and ocean view balconies. Each unit has direct access from the garage to a main floor entrance and the garage has laundry equipment along with plenty of space for cars as well as all the toys. Upstairs each unit has an open floor plan with very tall ceilings, exposed beams, beautiful kitchens with quartz counters and white cabinets, a living room with a fireplace, dining room, master bedroom, and a full bath. Separately metered for gas and electric. Properties share only one common wall. May be possible to purchase duplex and sell individually as Tenants in Common in the future, buyer to verify.

Additional Information

Appliances
Free-Standing Range, Disposal, Microwave, Refrigerator, Water Heater, Dryer, Washer
Pool Description
None
Fireplace Description
Family Room, Gas
Heat
Central, Fireplace(s)
Cooling Description
None
View
Coastline, Ocean, Water
Exterior Construction
Stucco, Wood Siding
Roof
Composition, Flat, Mixed
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Interior Features
Beamed Ceilings, Balcony, Block Walls, High Ceilings, Living Room Deck Attached, Open Floorplan, Quartz Counters, Track Lighting, Bedroom on Main Level, Main Level Primary
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$129,000
Operating Expense
46787

Listing courtesy of Listing Agent: Sammer Mudawar (sam@thebrokeredge.com) from Listing Office: THE brokeredge.

Listing sold by John Daniel from Daniel Realty & Investments

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.