251 Highland Rd, Laguna Beach, CA 92651
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251 Highland Rd Laguna Beach, CA 92651

$1,560,000 Sold Price as of 09/28/2020
  • 3 Beds
  • 2 Baths
  • 1,500 Sq.Ft.
Sold
$1,560,000 Sold Price as of 09/28/2020 Refinance Your Mortgage

Map preview of 251 Highland Rd, Laguna Beach, CA 92651

Property Overview: 251 Highland Rd Laguna Beach, CA has 3 bedrooms, 2 bathrooms, 1,500 living square feet and 7,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fantastic opportunity to own a duplex in picturesque Laguna Beach within just a couple of blocks from the famous Victoria Beach. This unique property features two spacious & upgraded units with separate two car garage and laundry room below. The upper unit is 2 bedrooms, 1 bath with gorgeous white water ocean view deck. Fantastic kitchen with granite counters open to living room with open beam ceilings and hardwood floors. Lower unit is 1 bedroom, 1 bath also with big ocean views. Oversized side and rear yards that are currently underutilized. One of the best ocean view lots, with views from all levels, at this price point. Truly a one of a kind property with loads of potential!

Listed by Nicola Willhoit | BRE #01325516 | Re/Max One
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 219

Home details

Lot Sq. Ft
7,000
HOA Dues
$0/mo
Year built
1948
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
LG20001092
City
Laguna Beach
County
Orange
Time on Site
1407 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $72,000
  • Net Operating Income: $70,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,200
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $22,000
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 251 Highland Rd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Room Information
  • Flooring: Carpet, Wood
  • Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Two Masters
Interior Features
  • Balcony, Cathedral Ceiling(s), Living Room Deck Attached, Unfurnished
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: Cul-De-Sac
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Neighborhood, Ocean, Panoramic, White Water
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 65610509
  • Year Built Source: Assessor
  • Property is not Attached
  • Property Condition: Additions/Alterations
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: Upper Victoria Beach (UVB)
  • Directions: Turn on Nyes from PCH, left on Highland Way, then sharp right on Highland Rd.
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

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Sale History for 251 Highland Rd

Last leased for $4,950 on May 6th, 2021
  • May, 2021

  • May 11, 2021

    Date

    Leased

    CRMLS: LG21075205

    $4,950

    Price

  • May 7, 2021

    Date

    Pending

    CRMLS: LG21075205

    $4,950

    Price

  • Apr 10, 2021

    Date

    Active

    CRMLS: LG21075205

    $4,950

    Price

  • Listing provided courtesy of CRMLS

    Spectacular Victoria Beach location. This remodeled two bedroom and one bath upper cottage boasts panoramic ocean and coastal views. All new interiors! The large living room has beamed ceilings and flows onto the lengthy view deck. Front bedroom also provides views and a treehouse feeling. Two closets are featured in the spacious rear bedroom. The new kitchen is huge and accented with stainless appliances, massive stone counters, designer lighting and a sunlit breakfast nook. The new bathroom is stunning with glass, stone and tile treatments. New hard flooring throughout. New AC/Heat unit. Outside there are two large yards, patios, walkways and garden areas. If that were not enough, utilities are included, there is a detached two car garage and separate laundry room. The secluded location is two blocks to famous Victoria Beach and close access to restaurants, shops and groceries. Great Spot!

  • September, 2020

  • Sep 29, 2020

    Date

    Sold

    CRMLS: LG20001089

    $1,560,000

    Price

  • Sep 18, 2020

    Date

    Pending

    CRMLS: LG20001089

    $1,675,000

    Price

  • Aug 8, 2020

    Date

    Active Under Contract

    CRMLS: LG20001089

    $1,675,000

    Price

  • Aug 7, 2020

    Date

    Price Change

    CRMLS: LG20001089

    $1,675,000

    Price

  • Jan 3, 2020

    Date

    Active

    CRMLS: LG20001089

    $1,799,000

    Price

  • Listing provided courtesy of CRMLS

    This unique property features two spacious & upgraded units with separate two car garage and laundry room below. The upper unit is 2 bedrooms, 1 bath with gorgeous white water ocean view deck. Fantastic kitchen with granite counters open to living room with open beam ceilings and hardwood floors. Live in the top and rent the bottom! Lower unit is 1 bedroom, 1 bath, also with big ocean views. Oversized side and rear yards that are currently underutilized. One of the best ocean view lots, with views from all levels, at this price point. Fantastic opportunity to own a duplex in picturesque Laguna Beach within just a couple of blocks from the famous Victoria Beach. Truly a one of a kind property with loads of potential!

  • September, 2020

  • Sep 29, 2020

    Date

    Sold

    CRMLS: LG20001092

    $1,560,000

    Price

  • Sep 18, 2020

    Date

    Pending

    CRMLS: LG20001092

    $1,675,000

    Price

  • Aug 8, 2020

    Date

    Active Under Contract

    CRMLS: LG20001092

    $1,675,000

    Price

  • Aug 7, 2020

    Date

    Price Change

    CRMLS: LG20001092

    $1,675,000

    Price

  • Jan 3, 2020

    Date

    Active

    CRMLS: LG20001092

    $1,799,000

    Price

  • September, 2020

  • Sep 28, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,560,000

    Price

  • August, 2020

  • Aug 1, 2020

    Date

    Leased

    CRMLS: LG20143882

    $3,500

    Price

  • Jul 30, 2020

    Date

    Pending

    CRMLS: LG20143882

    $3,500

    Price

  • Jul 21, 2020

    Date

    Active

    CRMLS: LG20143882

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    This upper unit is 2 bedrooms, 1 bath and feels like a single family home. Fantastic kitchen with granite counters open to living room with open beam ceilings and hardwood floors. Big ocean views from the living area and front bedroom, long deck across the front. Oversized side and rear yards. Separate two car garage with shared laundry room below. Gas, electric, water & trash included. Just a couple of blocks from the famous Victoria Beach!

  • January, 2020

  • Jan 1, 2020

    Date

    Expired

    CRMLS: LG19257172

    $1,799,000

    Price

  • Nov 4, 2019

    Date

    Active

    CRMLS: LG19257172

    $1,799,000

    Price

  • Listing provided courtesy of CRMLS

    Fantastic opportunity to own a duplex in picturesque Laguna Beach within just a couple of blocks from the famous Victoria Beach. This unique property features two spacious & upgraded units with separate two car garage and laundry room below. The upper unit is 2 bedrooms, 1 bath with gorgeous white water ocean view deck. Fantastic kitchen with granite counters open to living room with open beam ceilings and hardwood floors. Lower unit is 1 bedroom, 1 bath currently getting a permit to remove variance (plans available). Oversized side and rear yards that are currently underutilized. One of the best ocean view lots, with views from all levels, at this price point. Truly a one of a kind property with loads of potential!

  • January, 2020

  • Jan 1, 2020

    Date

    Expired

    CRMLS: LG19257170

    $1,799,000

    Price

  • Nov 4, 2019

    Date

    Active

    CRMLS: LG19257170

    $1,799,000

    Price

  • Listing provided courtesy of CRMLS

    This unique property features two spacious & upgraded units with separate two car garage and laundry room below. The upper unit is 2 bedrooms, 1 bath with gorgeous white water ocean view deck. Fantastic kitchen with granite counters open to living room with open beam ceilings and hardwood floors. Live in the top and rent the bottom! Lower unit is 1 bedroom, 1 bath currently getting a permit to remove variance (plans available). Oversized side and rear yards that are currently underutilized. One of the best ocean view lots, with views from all levels, at this price point. Fantastic opportunity to own a duplex in picturesque Laguna Beach within just a couple of blocks from the famous Victoria Beach. Truly a one of a kind property with loads of potential!

  • November, 2019

  • Nov 1, 2019

    Date

    Expired

    CRMLS: LG19197674

    $1,799,000

    Price

  • Oct 7, 2019

    Date

    Price Change

    CRMLS: LG19197674

    $1,799,000

    Price

  • Aug 18, 2019

    Date

    Active

    CRMLS: LG19197674

    $1,950,000

    Price

  • Listing provided courtesy of CRMLS

    Fantastic opportunity to own a duplex in picturesque Laguna Beach within just a couple of blocks from the famous Victoria Beach. This unique property features two spacious & upgraded units with separate two car garage and laundry room below. The upper unit is 2 bedrooms, 1 bath with gorgeous white water ocean view deck. Fantastic kitchen with granite counters open to living room with open beam ceilings and hardwood floors. Lower unit is 1 bedroom, 1 bath currently getting a permit to remove variance (plans available). Oversized side and rear yards that are currently underutilized. One of the best ocean view lots, with views from all levels, at this price point. Truly a one of a kind property with loads of potential!

  • November, 2019

  • Nov 1, 2019

    Date

    Expired

    CRMLS: LG19226175

    $1,799,000

    Price

  • Oct 8, 2019

    Date

    Price Change

    CRMLS: LG19226175

    $1,799,000

    Price

  • Sep 23, 2019

    Date

    Active

    CRMLS: LG19226175

    $1,950,000

    Price

  • Listing provided courtesy of CRMLS

    This unique property features two spacious & upgraded units with separate two car garage and laundry room below. The upper unit is 2 bedrooms, 1 bath with gorgeous white water ocean view deck. Fantastic kitchen with granite counters open to living room with open beam ceilings and hardwood floors. Live in the top and rent the bottom! Lower unit is 1 bedroom, 1 bath currently getting a permit to remove variance (plans available). Oversized side and rear yards that are currently underutilized. One of the best ocean view lots, with views from all levels, at this price point. Fantastic opportunity to own a duplex in picturesque Laguna Beach within just a couple of blocks from the famous Victoria Beach. Truly a one of a kind property with loads of potential!

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Tax History for 251 Highland Rd

Assessed Value (2020): $139,312
Year Land Value Improved Value Assessed Value
2020 $98,745 $40,567 $139,312

Home Value Compared to the Market

This property vs the competition

251 Highland Rd sold on September 28, 2020 for 49.7% 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 $1116.67 per/sqft which puts the price per square foot 27.06% lower than the current median sale per square foot for the city of Laguna Beach.

About 251 Highland Rd

Detailed summary of property

251 Highland Rd is a duplex that recently sold in Laguna Beach, CA 92651. This duplex offered 3 bedrooms, 2 bathrooms, roughly 1,500 living square feet, and sits on an approximately 7,000 square foot lot. 251 Highland Rd was first listed on ArdentRealEstateGroup.com on July 4, 2020. The homeowner sold the property for $1,560,000. 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 49.7% lower than the current median priced home. Local homes that are currently for sale include 705 E Walnut Ave, 8402 Slater Ave and 1026 N Shattuck Pl. While the average home in Laguna Beach, CA is selling in 92 days, 251 Highland Rd has a days on market of 219 days. There are currently 162 homes for sale in the Laguna Beach real estate market and 144 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 251 Highland Rd 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 251 Highland Rd

Public county record property details
Beds
3
Baths
1
Year built
1948
Sq. Ft.
1,296
Lot Size
7,000
Stories
3
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
--
APN
656-105-09

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
$4,295,000
Median List Price/Sq.Ft.
$1,759
Median Sold Price
$3,330,000
Median Sold Price/Sq.Ft.
$1,531
Total Inventory
161
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%)

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Related Resources to 251 Highland Rd

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.