Search
361 Cypress Dr, Laguna Beach, CA 92651
Image 2 for 361 Cypress Dr, Laguna Beach, CA 92651
Image 3 for 361 Cypress Dr, Laguna Beach, CA 92651
View Photos

361 Cypress Dr Laguna Beach, CA 92651

$3,075,000 Sold Price as of 12/14/2023
  • 6 Beds
  • 5 Baths
  • 2,316 Sq.Ft.
Sold
$3,075,000 Sold Price as of 12/14/2023 Refinance Your Mortgage
Map preview of 361 Cypress Dr, Laguna Beach, CA 92651

Property Overview: 361 Cypress Dr Laguna Beach, CA has 6 bedrooms, 5 bathrooms, 2,316 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: Experience this unique beach community overflowing with warmth of character and community. The joy of smiling faces and sun kissed beaches, blue sky’s 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 apartment’s 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.

Listed by Thomas Paulauskas | BRE #01793536 | Keller Williams Realty Antelope Valley
Last checked: 1 minute ago | Last updated: September 9th, 2024 | Source CRMLS | DOM: 112

Home details

Lot Sq. Ft
6,098
HOA Dues
$0/mo
Year built
1946
Garage
3 Car
Property Type:
Fourplex
Status
Sold
MLS#
SR23127274
City
Laguna Beach
County
Orange
Time on Site
434 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $3,600
  • Total Rent: $3,600
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $3,600
  • Total Rent: $3,600
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $10,500
  • Total Rent: $10,500
  • Pro Forma/Market Rent: $10,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $19,300
  • Net Operating Income: $18,023
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,277
  • Electric: $3,200
  • Gas/Fuel: $1,300
  • Trash: $550
  • Insurance: $2,910
  • Water/Sewer: $1,400
  • Other Expenses: $3,000
  • Other Expense Description: cleaning

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 361 Cypress Dr

Interior Features
Laundry Information
  • Has Laundry
  • Dryer Included, Washer Included
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 49612205
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Offered With Property: Existing Furniture
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: See Remarks
Location / Neighborhood
Location Information
  • Subdivision Name: North Laguna (NL)
  • Other Subdivision Name: Laguna Cliffs 02
  • Directions: From CA-133 S toward Laguna Beach, continue onto Laguna Canyon Rd. Turn right onto N coast Hwy, then turn right onto Jasmine St. Then right onto Cypress Dr. Destination is on your right.
Neighborhood Information
  • Community Features: Watersports
View more facts & features

Local Laguna Beach Agent

Sale History for 361 Cypress Dr

Last leased for $2,475 on September 8th, 2024

  • September, 2024

  • Sep 8, 2024

    Date

    Leased

    CRMLS: LG24159900

    $2,475

    Price

  • Aug 2, 2024

    Date

    Active

    CRMLS: LG24159900

    $2,475

    Price

  • Listing provided courtesy of CRMLS

    Welcome Home to this cozy beach studio in North Laguna Beach! This premium location is minutes from scenic beach coves, lively downtown Laguna Beach, coastal Heisler Park, hiking and mountain biking trails. Recently remodeled, this unit is pristine with new white paint and hardwood floors. It is smartly furnished and includes a plush queen bed, a computer desk to work from home and a TV. It is also available unfurnished. The kitchen includes spacious cabinets, a refrigerator, a gas stove, appliances, coffee maker and a toaster. The new modern bathroom includes a shower and a tub. There is a peekaboo ocean view in the front opens up to a shared patio area. The laundry area is shared, and there is a barbecue and storage area as well. Here you can live a relaxing and entertaining lifestyle with all the perks Laguna Beach has to offer!

  • June, 2024

  • Jun 5, 2024

    Date

    Expired

    CRMLS: OC24104012

    $6,500

    Price

  • May 22, 2024

    Date

    Active

    CRMLS: OC24104012

    $6,900

    Price

  • Listing provided courtesy of CRMLS

    Beautifully furnished and updated downtown charming single-story detached home. Private recently landscaped backyard with large brick patio and grassy area. Ideal location only 3 blocks from the city's famous main beach. Only blocks away from Laguna Beach's iconic restaurants, art galleries, and stores. A couple blocks from famous Heisler Park with its breathtaking walkways, gardens, and beaches. Kitchen has newer cabinets, granite countertops and eating area. Huge living room with fireplace and classic vaulted wood ceiling. Upgraded Bathroom with large array of cabinets, granite countertops, marble flooring & shower, and spa tub . Bright bonus room with fireplace. Fresh paint inside and outside. Wood floors. Air conditioner. Third bedroom and second bathroom could be used as separate guest quarters with its own side yard entry. Prefer to rent out furnished (including bedding, towels, kitchen dishes, silverware, pots/pans, and other accessories)but will consider unfurnished leases. No inside or outside smoking or vaping. Will consider small trained pets. Water, gardener, and trash pickup included in rent.

  • June, 2024

  • Jun 5, 2024

    Date

    Expired

    CRMLS: OC24104231

    $3,500

    Price

  • May 22, 2024

    Date

    Active

    CRMLS: OC24104231

    $3,700

    Price

  • Listing provided courtesy of CRMLS

    Beautifully furnished and updated downtown ground-level apartment. All utilities included (water, electricity, gas, cable TV, and high speed internet). Ideal location only 3 blocks from the city's famous main beach. Only blocks away from Laguna Beach's iconic restaurants, art galleries, and stores. A couple blocks from famous Heisler Park with its breathtaking walkways, gardens, and beaches. Kitchen has large array of new cabinets and floating shelves, quartzite countertops, and new stainless appliances . Desirable open floor plan with eating bar, dining area, and living room. Remodeled bathroom. Fresh paint inside and outside. New window coverings (drapes optional). Wood laminate flooring. Air conditioner. Shared laundry closet. BBQ area with gas grill. Extra storage space. Small house trained pet will be considered. No smoking or vaping on the property.

  • June, 2024

  • Jun 5, 2024

    Date

    Expired

    CRMLS: OC24104269

    $2,475

    Price

  • May 22, 2024

    Date

    Active

    CRMLS: OC24104269

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Fully furnished and updated downtown studio with peek-a-boo ocean view. Cutely decorated upstairs unit. All utilities included (water, electricity, gas, cable TV, and high speed internet). Includes a complete array of kitchen appliances & accessories plus bedroom & bathroom linens. Ideal location only 3 blocks from the city's famous main beach. Only blocks away from Laguna Beach's iconic restaurants, art galleries, and stores. A couple blocks from famous Heisler Park with its breathtaking walkways, gardens, and beaches. Remodeled bathroom and kitchen. Fresh paint inside and outside. New window coverings (drapes optional). New carpet in living/sleeping area with tiled kitchen and bathroom flooring. Shared laundry closet. Shared BBQ area with gas grill. Shared balcony with patio table and chairs. Extra storage space. Small house trained pet will be considered. No smoking or vaping on the property.

  • June, 2024

  • Jun 5, 2024

    Date

    Expired

    CRMLS: OC24104290

    $2,475

    Price

  • May 22, 2024

    Date

    Active

    CRMLS: OC24104290

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Fully furnished and updated downtown studio. Cutely decorated upstairs unit. All utilities included (water, electricity, gas, cable TV, and high speed internet). Includes a complete array of kitchen appliances & accessories plus bedroom & bathroom linens. Ideal location only 3 blocks from the city's famous main beach. Only blocks away from Laguna Beach's iconic restaurants, art galleries, and stores. A couple blocks from famous Heisler Park with its breathtaking walkways, gardens, and beaches. Remodeled bathroom and kitchen. Fresh paint inside and outside. New window coverings (drapes optional). New carpet in living/sleeping area with tiled kitchen and bathroom flooring. Shared laundry closet. Shared BBQ area with gas grill. Shared balcony with patio table and chairs. Extra storage space. Small house trained pet will be considered. No smoking or vaping on the property.

  • December, 2023

  • Dec 14, 2023

    Date

    Sold

    CRMLS: SR23127274

    $3,075,000

    Price

  • Jul 13, 2023

    Date

    Active

    CRMLS: SR23127274

    $3,699,800

    Price

  • December, 2023

  • Dec 12, 2023

    Date

    Sold

    CRMLS: SR23131532

    $3,075,000

    Price

  • Jul 17, 2023

    Date

    Active

    CRMLS: SR23131532

    $3,699,800

    Price

  • Listing provided courtesy of CRMLS

  • October, 2023

  • Oct 5, 2023

    Date

    Delete

    CRMLS: SR23133783

    $3,495,000

    Price

  • Jul 20, 2023

    Date

    Active

    CRMLS: SR23133783

    $3,699,800

    Price

  • Listing provided courtesy of CRMLS

    Experience this unique beach community overflowing with warmth of character and community. The joy of smiling faces and sun kissed beaches, blue sky's 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 apartment's 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, More...

  • May, 1988

  • May 4, 1988

    Date

    Sold (Public Records)

    Public Records

    $425,000

    Price

Show More

Tax History for 361 Cypress Dr

Assessed Value (2020): $743,841
Year Land Value Improved Value Assessed Value
2020 $633,875 $109,966 $743,841

Home Value Compared to the Market

This property vs the competition

361 Cypress Dr sold on December 14, 2023 for 42.68% 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 $1446.24 per/sqft which puts the price per square foot 11.08% higher than the current median sale per square foot for the city of Laguna Beach.

About 361 Cypress Dr

Detailed summary of property

361 Cypress Dr is a fourplex that recently sold in Laguna Beach, CA 92651. This fourplex offered 6 bedrooms, 5 bathrooms, roughly 2,316 living square feet, and sits on an approximately 6,098 square foot lot. 361 Cypress Dr was first listed on ArdentRealEstateGroup.com on July 13, 2023. The homeowner sold the property for $3,075,000. 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 42.68% higher than the current median priced home. Local homes that are currently for sale include 205 40th St, 205 40th St and 210 41st St. While the average home in Laguna Beach, CA is selling in 95 days, 361 Cypress Dr has a days on market of 112 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 361 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 361 Cypress Dr

Public county record property details
Beds
3
Baths
1
Year built
1946
Sq. Ft.
1,540
Lot Size
5,824
Stories
2
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
--
APN
496-122-05

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%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 361 Cypress Dr

Nearby Homes for Sale

283 Dolphin Way, Laguna Beach, CA 92651
$3,195,000
4 Beds
4 Baths
3285 Sq.Ft.
283 Dolphin Way
Laguna Beach, CA 92651
Open 9/29 10am-2pm
356 Y Pl, Laguna Beach, CA 92651
$2,490,000
4 Beds
4 Baths
2825 Sq.Ft.
356 Y Pl
Laguna Beach, CA 92651
284 Chiquita St, Laguna Beach, CA 92651
$3,475,000
4 Beds
3 Baths
1762 Sq.Ft.
284 Chiquita St
Laguna Beach, CA 92651
284 Chiquita St, Laguna Beach, CA 92651
$3,475,000
4 Beds
3 Baths
1724 Sq.Ft.
284 Chiquita St
Laguna Beach, CA 92651
525 Park Ave, Laguna Beach, CA 92651
$3,299,999
4 Beds
3 Baths
2100 Sq.Ft.
525 Park Ave
Laguna Beach, CA 92651
368 Oak St, Laguna Beach, CA 92651
$3,200,000
4 Beds
3 Baths
2000 Sq.Ft.
368 Oak St
Laguna Beach, CA 92651
368 Oak St, Laguna Beach, CA 92651
$3,200,000
4 Beds
3 Baths
2000 Sq.Ft.
368 Oak St
Laguna Beach, CA 92651
31729 Fairview Rd, Laguna Beach, CA 92651
$2,875,000
4 Beds
0 Baths
1559 Sq.Ft.
31729 Fairview Rd
Laguna Beach, CA 92651
31729 Fairview Rd, Laguna Beach, CA 92651
$2,875,000
12 Beds
8 Baths
1559 Sq.Ft.
31729 Fairview Rd
Laguna Beach, CA 92651
Open Sat 1pm-4pm
227 Agate Ave, Newport Beach, CA 92662
$3,195,000
6 Beds
3 Baths
2480 Sq.Ft.
227 Agate Ave
Newport Beach, CA 92662
219 E Bay Ave, Newport Beach, CA 92661
$3,495,000
5 Beds
3 Baths
2225 Sq.Ft.
219 E Bay Ave
Newport Beach, CA 92661
507 29th St, Newport Beach, CA 92663
$3,495,000
4 Beds
4 Baths
3096 Sq.Ft.
507 29th St
Newport Beach, CA 92663

Recently Sold Homes Near 361 Cypress Dr

319 Cypress Dr, Laguna Beach, CA 92651
$3,500,000 Last Sold Price
5 Beds
7 Baths
3963 Sq.Ft.
319 Cypress Dr
Laguna Beach, CA 92651
354 N Coast, Laguna Beach, CA 92651
$6,000,000 Last Sold Price
4 Beds
4 Baths
5335 Sq.Ft.
354 N Coast
Laguna Beach, CA 92651
336 N Coast Hwy, Laguna Beach, CA 92651
$8,200,000 Last Sold Price
8 Beds
12 Baths
8789 Sq.Ft.
336 N Coast Hwy
Laguna Beach, CA 92651
260 Aster St, Laguna Beach, CA 92651
$3,734,500 Last Sold Price
63 Beds
63 Baths
4221 Sq.Ft.
260 Aster St
Laguna Beach, CA 92651

Related Resources to 361 Cypress Dr

New Listings in 92651
Popular Zip Codes
Popular Cities
Other Laguna Beach Resources

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.

Refi Quote