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Jim, Justin and Vickie, Sales Associate
SOLD
$3,075,000
Date 12/12/2023

361 Cypress Drive
Laguna Beach, CA 92651

Single Family, Fourplex, Multi-Family
Residence
6
Beds
4
Baths
+
1 Half
2,316
Sqft
0.14
Lot Size
Listing Agent: Thomas Paulauskas CalDRE: 01793536 - Keller Williams Realty Antelope Valley, 661-480-6110
Experience this unique beach community overflowing with warmth of character and community. The joy of smiling faces and sun kissed beaches, blue skys and azure blue waters. It is no wonder homes located in the "Tree Streets" neighborhood of historic North Laguna are in such great demand, being only steps to Main Beach, Heisler Park, Boat Canyon, Divers Cove, this lovingly maintained vintage cottage has it all, multiple units, income, and location. Become enamored with all the possibilities when encountering this vintage cottage triplex + 1 has to offer. Enter through a white picket gate and rose trellis of this fully fenced yard and be drawn in by 3 bedroom, 2 bathroom with a jetted spa tub. Invited by walnut hardwood flooring that gently kisses white beadboard paneled walls and opens to an airy sky blue open beam vaulted ceiling and overhead ceiling fans. Pass through the French door flank dual fireplaces into a sun room gazing out onto a fully fenced backyard while enjoying your favorite cup coffee and book. Bask in the morning light of this cozy kitchen dinette in front of floor to ceiling bay windows. The spacious kitchen provides ample granite countertops, French provincial cabinets, stainless steel appliances, and nickel brushed hardware. Backyard gives generously offering a large jacuzzi hot tub shaded by fruit and avocado trees, and a considerable brick patio, ideal for entertaining. Just beyond find an 8 by 16 foot insulated storage shed with windows and French doors for all your beach chairs boards and bikes. Engage in more opportunity with the three turn-key furnished studio apartments in the rear building along with a 3 car garage. At full occupancy the current owner rents the property for $19,550/m. A short term rental strategy has potential to rent for over $28,000+ gross. Buyer to verify info and short term licensing details. Take advantage of this rare and unique opportunity to produce income and be a brief stroll from art festivals, galleries, world-class restaurants, shopping, hiking/biking trails, Great Schools, Downtown Laguna, and of course The Beach.
SR23131532
Single Family, Fourplex, Multi-Family, 2 Story
6
Orange
4 Full/1 Half
1946
0.14 Acres
Private,See Remarks
2
Public Sewer
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

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Transit Score

Listing Agent: Thomas Paulauskas CalDRE: 01793536 - Keller Williams Realty Antelope Valley, 661-480-6110
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