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172 Wave St, Laguna Beach, CA 92651
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172 Wave St Laguna Beach, CA 92651

$2,272,888 Sold Price as of 06/04/2021
  • 6 Beds
  • 4 Baths
  • 2,623 Sq.Ft.
Sold
$2,272,888 Sold Price as of 06/04/2021 Refinance Your Mortgage
Map preview of 172 Wave St, Laguna Beach, CA 92651

Property Overview: 172 Wave St Laguna Beach, CA has 6 bedrooms, 4 bathrooms, 2,623 living square feet and 5,576 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 170 - 176 Wave Street in North Laguna Beach is a four unit residential income property located on the beach side of Pacific Coast Highway, The property is comprised of two, two bedroom and one bath units, one, one bedroom and one bath unit and one studio unit with one bath (the studio unit is considered a bootleg unit). The units are vintage Laguna cottages conveniently located down the street from Shaw's Cove and to downtown Laguna Beach with all of its finest shops and restaurants.

Listed by Harold Noriega | BRE #01494239 | Compass
Last checked: 16 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
5,576
HOA Dues
$0/mo
Year built
1937
Garage
2 Car
Property Type:
Fourplex
Status
Sold
MLS#
LG21069745
City
Laguna Beach
County
Orange
Time on Site
1090 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,290
  • Total Rent: $2,290
  • Pro Forma/Market Rent: $27,480
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $28,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $27,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,150
  • Total Rent: $1,150
  • Pro Forma/Market Rent: $13,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $97,680
  • Net Operating Income: $65,994
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $31,686
  • Electric: $792
  • Gas/Fuel: $756
  • New Taxes: $20,322
  • Trash: $0
  • Insurance: $3,720
  • Water/Sewer: $0

Property Details for 172 Wave St

Interior Features
Laundry Information
  • Has Laundry
  • Community, Dryer Included, Individual Room, Washer Included
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Owner
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 05315409
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: North Laguna (NL)
  • Directions: Pacific Coast Highway to Wave Street.
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Laguna Beach Agent

Sale History for 172 Wave St

Last sold for $2,272,888 on June 4th, 2021

  • June, 2021

  • Jun 5, 2021

    Date

    Sold

    CRMLS: LG21069745

    $2,272,888

    Price

  • May 20, 2021

    Date

    Pending

    CRMLS: LG21069745

    $2,250,000

    Price

  • Apr 30, 2021

    Date

    Active Under Contract

    CRMLS: LG21069745

    $2,250,000

    Price

  • Apr 22, 2021

    Date

    Hold

    CRMLS: LG21069745

    $2,250,000

    Price

  • Apr 12, 2021

    Date

    Active

    CRMLS: LG21069745

    $2,250,000

    Price

Tax History for 172 Wave St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

172 Wave St sold on June 4, 2021 for 32.43% lower than the current median sold price for the city of Laguna Beach which is $3,330,000. The median sold price per/sqft for Laguna Beach is $1,531 and this home is sold at $857.8 per/sqft which puts the price per square foot 43.97% lower than the current median sale per square foot for the city of Laguna Beach.

About 172 Wave St

Detailed summary of property

172 Wave St is a fourplex that recently sold in Laguna Beach, CA 92651. This fourplex offered 6 bedrooms, 4 bathrooms, roughly 2,623 living square feet, and sits on an approximately 5,576 square foot lot. 172 Wave St was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $2,272,888. Home in Laguna Beach are selling for a median price of $3,330,000 and a median price per square foot of $1,531. Based on Ardent Real Estate Group's Laguna Beach Market Data, this home is sold 32.43% lower than the current median priced home. Local homes that are currently for sale include 233 Costa Mesa St, 222 Costa Mesa St and 222 Costa Mesa St. While the average home in Laguna Beach, CA is selling in 92 days, 172 Wave St has a days on market of 10 days. There are currently 160 homes for sale in the Laguna Beach real estate market and 142 of them are single family homes while 18 of them are condos and 0 are townhomes. For more information on this home for sale at 172 Wave St Laguna Beach, CA 92651 contact Ardent Real Estate Group and we will put you in touch with one of our Laguna Beach agents.

Public Facts for 172 Wave St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

92651 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,250,000
Median List Price/Sq.Ft.
$1,759
Median Sold Price
$3,330,000
Median Sold Price/Sq.Ft.
$1,531
Total Inventory
162
Median Sale to List Price %
95.28%
Avg Days on Market
52
Loan Type
Conventional (24.14%), FHA (0%), VA (0%), Cash (48.28%), Other (27.59%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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