368 Oak Street Laguna Beach, CA $ 2,950,000
368 Oak Street
$ 2,950,000
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368 Oak Street

Laguna Beach, CA, 92651
$ 2,950,000
Bedrooms4 Baths3.0 Sq 2,000

Monthly Estimate*

$ 20,607

Listed by Pacific Sotheby’s International Realty
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Multi-Family Home for sale in Laguna Beach, CA

for $2,950,000 with 4 bedrooms and 3 full baths. This 2,000 square foot home was built in 1923 on a lot size of 0.1074.

Introducing a charming and spacious triplex located on Oak Street in the highly sought-after Laguna Beach community. This beautiful property is situated just 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 beautiful hardwood floors. The kitchen is fully equipped with stainless steel appliances and modern finishes, complete with a 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 facilities 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.

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Multi-Family Active

Price

$ 2,950,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Triplex

Lot Size

0.1074

Year Built

1923

Town/City

Laguna Beach

County/Region

Orange

MLS | Web ID

LG23190537

Days on Market

219

Features
General
Sewer PublicSewer
Cooling None
Utilities CableConnected ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Possession CloseOfEscrow
Appliances Dryer Washer
HOA 0.0
Garage Spaces 0.0
Pool Features None
Year Built 1923
Tenant Pays AllUtilities
View Ocean
Stories 1
Levels One Two
Property SubType Triplex
Gross Income 134000.0
Community Features Biking Curbs Urban
County Orange
Net Operating Income 89350.0
Operating Expense 44650.0
Insurance Expense 2500.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name The Village (VIL)
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions PCH to Oak St on the left between Glenneyre and Catalina Streets
City Laguna Beach
Entry Location 1
View Y/N Y
Senior Community Y/N N
Open Parking Spaces 5.0
Total Units 3
MLS Area LV - Laguna Village
Lot Size Square Feet 4678.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 2
Street Name Oak
Listing Terms Cash CashtoNewLoan Item1031Exchange
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 2400.0
Trash Expense 0.0
Water Sewer Expense 3000.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 202
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 11
Total Actual Rent 9300.0
Property Sub Type Additional Triplex
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Interior
Flooring Wood
Fireplace Features None
Total Stories 2
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Laundry Features CommonArea
Entry Level 1
Electric On Property Y/N N
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Exterior
Parking Features None
Lot Features CornerLot
Water Source Public
Total Parking 5.0
Lot Size Area 4678.0
Number of Buildings 2
Spa N
Building Area Total 2000.0
Lot Size Acres 0.1074
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 368
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* Excluded Features
List By
Pacific Sotheby’S International Realty

Broker

(949) 494-3600

Phone

Affordability Calculator

$20,607
Per Month
100%
0%
0%
Monthly Principal & Interest
$20,607
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2024$2,950,000 -7.52% Price Down
3/21/2024$3,190,000 -1.85% Price Down
10/12/2023$3,250,000 Listed Price

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368 Oak Street, Laguna Beach, CA, 92651 is a Multi-Family Home for sale at $2,950,000 with 2,000 sqft and a lot size of 0.1074. 368 Oak Street has 4 bedrooms, 3.0 baths, and was built in 1923. The property's zip code is 92651 which is in Laguna Beach, CA