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260 Aster St, Laguna Beach, CA 92651
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260 Aster St Laguna Beach, CA 92651

$3,734,500 Sold Price as of 11/03/2020
  • 63 Beds
  • 63 Baths
  • 4,221 Sq.Ft.
Sold
$3,734,500 Sold Price as of 11/03/2020 Refinance Your Mortgage
Map preview of 260 Aster St, Laguna Beach, CA 92651

Property Overview: 260 Aster St Laguna Beach, CA has 63 bedrooms, 63 bathrooms, 4,221 living square feet and 6,098 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fabulous 7 unit building in an iconic location in North Laguna. Close to town and secluded beach coves. 3 2beds , 3 one beds, one studio in a great North Laguns location .. Short walk to town and beaches. All units have been recently upgraded..There are some garages for several units .. See agents for further details..

Listed by Joseph Baker | BRE #00605064 | Berkshire Hathaway HomeServices
Co-listed by Frederick Balzer | BRE #00329607 | Berkshire Hathaway HomeServices
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 42

Home details

Lot Sq. Ft
6,098
HOA Dues
$0/mo
Year built
1965
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
LG20161310
City
Laguna Beach
County
Orange
Time on Site
1501 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 2
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 7
  • # of Beds: 9
  • # of Baths: 9
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $209,500
  • Total Rent: $209,500
  • Pro Forma/Market Rent: $209,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 32%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $209,496
  • Net Operating Income: $82,942
  • Gross Operating Income: --
  • Vacancy Allowance: $3,735
  • Garage Rental Income: $0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $83,000
  • Electric: $371
  • Gas/Fuel: $0
  • New Taxes: $49,375
  • Trash: $0
  • Cable TV: $0
  • Gardener: $250
  • Insurance: $4,000
  • Maintenance: $5,084
  • Professional Management: $5,403
  • Water/Sewer: $1,878

Virtual Tour

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Property Details for 260 Aster St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Baseboard
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • Has Fireplace
  • Gas
Kitchen Information
  • Has Appliances
  • Gas Oven
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
  • No Fence
  • None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 6-10 Units/Acre, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 7
  • Parcel Number: 49612211
  • Year Built Source: Estimated
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Available, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: North Laguna (NL)
  • Directions: Coast hywy to Aster st
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Suburban
View more facts & features

Local Laguna Beach Agent

Sale History for 260 Aster St

Last sold for $3,734,500 on November 3rd, 2020

  • November, 2020

  • Nov 4, 2020

    Date

    Sold

    CRMLS: LG20161310

    $3,734,500

    Price

  • Sep 22, 2020

    Date

    Active Under Contract

    CRMLS: LG20161310

    $3,950,000

    Price

  • Sep 10, 2020

    Date

    Active

    CRMLS: LG20161310

    $3,950,000

    Price

  • Aug 27, 2020

    Date

    Active Under Contract

    CRMLS: LG20161310

    $3,950,000

    Price

  • Aug 10, 2020

    Date

    Active

    CRMLS: LG20161310

    $3,950,000

    Price

Tax History for 260 Aster 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

260 Aster St sold on November 3, 2020 for 68.26% higher than the current median sold price for the city of Laguna Beach which is $2,347,500. The median sold price per/sqft for Laguna Beach is $1,302 and this home is sold at $935.8 per/sqft which puts the price per square foot 28.13% lower than the current median sale per square foot for the city of Laguna Beach.

About 260 Aster St

Detailed summary of property

260 Aster St is a multi family that recently sold in Laguna Beach, CA 92651. This multi family property offered 63 bedrooms, 63 bathrooms, roughly 4,221 living square feet, and sits on an approximately 6,098 square foot lot. 260 Aster St was first listed on ArdentRealEstateGroup.com on August 10, 2020. The homeowner sold the property for $3,734,500. Home in Laguna Beach are selling for a median price of $2,347,500 and a median price per square foot of $1,302. Based on Ardent Real Estate Group's Laguna Beach Market Data, this home is sold 68.26% higher than the current median priced home. Local homes that are currently for sale include 219 E Bay Ave, 203 8th St and 203 8th St. While the average home in Laguna Beach, CA is selling in 95 days, 260 Aster St has a days on market of 42 days. There are currently 200 homes for sale in the Laguna Beach real estate market and 181 of them are single family homes while 17 of them are condos and 2 are townhomes. For more information on this home for sale at 260 Aster 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 260 Aster 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.
$1,814
Median Sold Price
$2,347,500
Median Sold Price/Sq.Ft.
$1,302
Total Inventory
198
Median Sale to List Price %
94.09%
Avg Days on Market
81
Loan Type
Conventional (25%), FHA (0%), VA (4.17%), Cash (41.67%), Other (29.17%)

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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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