304 Myrtle Street Laguna Beach, CA $ 4,995,000
304 Myrtle Street
$ 4,995,000
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304 Myrtle Street

Laguna Beach, CA, 92651
$ 4,995,000
Bedrooms6 Baths3.0 Sq 3,135

Monthly Estimate*

$ 34,892

Listed by Cove Canyon Realty
304 Myrtle Street, Laguna Beach, CA 92651 - Image 1
304 Myrtle Street, Laguna Beach, CA 92651 - Image 2
304 Myrtle Street, Laguna Beach, CA 92651 - Image 3
304 Myrtle Street, Laguna Beach, CA 92651 - Image 4
304 Myrtle Street, Laguna Beach, CA 92651 - Image 5
304 Myrtle Street, Laguna Beach, CA 92651 - Image 6
304 Myrtle Street, Laguna Beach, CA 92651 - Image 7
304 Myrtle Street, Laguna Beach, CA 92651 - Image 8
304 Myrtle Street, Laguna Beach, CA 92651 - Image 9
304 Myrtle Street, Laguna Beach, CA 92651 - Image 10
304 Myrtle Street, Laguna Beach, CA 92651 - Image 11
304 Myrtle Street, Laguna Beach, CA 92651 - Image 12

Multi-Family Home for sale in Laguna Beach, CA

for $4,995,000 with 6 bedrooms and 3 full baths. This 3,135 square foot home was built in 1942 on a lot size of 0.1453.

Offered for the first time in over 80 years, this extremely rare, iconic Spanish-Revival property epitomizes the classic "native" California architecture and style. Located on a prime corner in North Laguna Beach, the most desirable part of town, within blocks of world-famous beaches, art galleries, restaurants and other nearby attractions. Offering an eclectic mix of one two-bedroom unit, four one-bedroom units, one studio, three one-car garages and a dedicated laundry room, there is an endless demand for quality rental properties in Laguna Beach with an unusually high ceiling for rents - especially this close to the water. Towering 100+ year-old palm trees sway in the ocean-breeze surrounding this trophy property. This is a unique investment property, the likes of which may not be appear again for a very long time.

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Multi-Family Active

Price

$ 4,995,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Spanish

Lot Size

0.1453

Year Built

1942

Town/City

Laguna Beach

County/Region

Orange

MLS | Web ID

LG24070119

Days on Market

24

Features
General
Interior Features HighCeilings
Sewer SewerTapPaid
Heating Combination
Cooling None
Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Possession SeeRemarks
Roof SpanishTile
Appliances Dishwasher ElectricRange GasRange WaterHeater
HOA 0.0
Garage Spaces 3.0
Architectural Style Spanish
Pool Features None
Construction Materials Stucco
Year Built 1942
Electric Standard
Tenant Pays Electricity Gas
View PeekABoo
Stories 2
Levels Two
Property SubType MixedUse
Gross Income 145740.0
Community Features Curbs Gutters StormDrains StreetLights Suburban
Accessibility None
County Orange
Net Operating Income 126539.0
Operating Expense 19201.0
Insurance Expense 4000.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name North Laguna (NL)
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions PCH to Myrtle. At intersection of Myrtle and Cypress.
City Laguna Beach
Entry Location 1
View Y/N Y
Senior Community Y/N N
Total Units 6
MLS Area NL - North Laguna
Lot Size Square Feet 6329.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Myrtle
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 0.0
Trash Expense 0.0
Water Sewer Expense 1400.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 1
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 1
Property Sub Type Additional MixedUse
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Interior
Flooring Tile Wood
Fireplace Features None
Total Stories 2
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Laundry Features CommonArea
Entry Level 1
Electric On Property Y/N N
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Exterior
Fencing None
Parking Features DoorMulti Garage GarageFacesRear
Lot Features CornerLot
Water Source Public
Total Parking 3.0
Lot Size Area 6329.0
Foundation Details Slab
Number of Buildings 1
Spa N
Building Area Total 3135.0
Lot Size Acres 0.1453
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 4
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 1 304
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* Excluded Features
List By
Cove Canyon Realty

Broker

(949) 500-3283

Phone

Affordability Calculator

$34,892
Per Month
100%
0%
0%
Monthly Principal & Interest
$34,892
Monthly Property Taxes
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Monthly Home Insurance
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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
4/9/2024$4,995,000 Listed Price

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304 Myrtle Street, Laguna Beach, CA, 92651 is a Multi-Family Home for sale at $4,995,000 with 3,135 sqft and a lot size of 0.1453. 304 Myrtle Street has 6 bedrooms, 3.0 baths, and was built in 1942. The property's zip code is 92651 which is in Laguna Beach, CA