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280 Cypress Dr, Laguna Beach, CA 92651
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280 Cypress Dr Laguna Beach, CA 92651

$2,350,000 Sold Price as of 02/24/2020
  • 7 Beds
  • 4 Baths
  • -- Sq.Ft.
Sold
$2,350,000 Sold Price as of 02/24/2020 Refinance Your Mortgage
Map preview of 280 Cypress Dr, Laguna Beach, CA 92651

Property Overview: 280 Cypress Dr Laguna Beach, CA has 7 bedrooms, 4 bathrooms, -- living square feet and 3,750 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by Jorge Felix | BRE #01327006 | CB Richard Ellis, Inc.
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 51

Home details

Lot Sq. Ft
3,750
HOA Dues
$0/mo
Year built
1955
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19535756
City
Laguna Beach
County
Orange
Time on Site
1532 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,195
  • Total Rent: $2,195
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,145
  • Total Rent: $2,145
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,450
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 22.93
  • Gross Scheduled Income: --
  • Net Operating Income: $62,853
  • Gross Operating Income: $101,820
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 280 Cypress Dr

Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 49609112
Location / Neighborhood
Location Information
  • Directions: Head south on Broadway St, turn right on Acacia Dr, slight left onto Cliff Dr, right on Aster St and a right onto Cypress
View more facts & features

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Sale History for 280 Cypress Dr

Last sold for $2,350,000 on February 24th, 2020

  • February, 2020

  • Feb 24, 2020

    Date

    Sold

    CRMLS: 19535756

    $2,350,000

    Price

  • Jan 29, 2020

    Date

    Pending

    CRMLS: 19535756

    $2,350,000

    Price

  • Dec 9, 2019

    Date

    Active

    CRMLS: 19535756

    $2,350,000

    Price

Tax History for 280 Cypress Dr

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

280 Cypress Dr sold on February 24, 2020 for 0.11% higher than the current median sold price for the city of Laguna Beach which is $2,347,500.

About 280 Cypress Dr

Detailed summary of property

280 Cypress Dr is a multi family that recently sold in Laguna Beach, CA 92651. This multi family property offered 7 bedrooms, 4 bathrooms, roughly -- living square feet, and sits on an approximately 3,750 square foot lot. 280 Cypress Dr was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $2,350,000. 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 0.11% higher than the current median priced home. Local homes that are currently for sale include 7711 Ellis ave, 13052 Rockinghorse Rd and 7932 Macdonald Dr. While the average home in Laguna Beach, CA is selling in 95 days, 280 Cypress Dr has a days on market of 51 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 280 Cypress Dr 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 280 Cypress Dr

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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Recently Sold Homes Near 280 Cypress Dr

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254 Cypress Dr, Laguna Beach, CA 92651
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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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