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363 Cleo St, Laguna Beach, CA 92651
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363 Cleo St Laguna Beach, CA 92651

$2,995,000
  • 4 Beds
  • 4 Baths
  • 2,600 Sq.Ft.
For Sale
$2,995,000 Get Pre-Qualified
Map preview of 363 Cleo St, Laguna Beach, CA 92651

Property Overview: 363 Cleo St Laguna Beach, CA has 4 bedrooms, 4 bathrooms, 2,600 living square feet and 9,583 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: EXCELLENT VALUE FOR A SPACIOUS DUPLEX ON A LARGE LOT JUST MINUTES FROM THE BEACH AND LAGUNA'S "HIP" DISTRICT. THE UNITS ARE SIDE BY SIDE WITH NO-ONE ABOVE OR BELOW AND EACH UNIT OFFERS TWO LARGE BEDROOMS, TWO BATHS, FIREPLACE IN LIVING ROOM, OPEN KITCHEN, DINING AND LOTS OF LIGHT AND PRIVACY. EACH UNIT HAS AN ATTACHED 2-CAR GARAGE AND FEELS LIKE A SEPARATE CONDO/TOWNHOME. Incredible investment opportunity in prime section of Laguna's iconic "Village" or live in one unit and rent the other. Both units are currently rented and the owner wants to respect the Tenant's privacy. As such, there will be no preview or open house and showings will require a written offer (obviously subject to buyer's sole approval after inspection). Designed by Morris Skenderian this property has never before been for sale. Call listing agent for more information or general descriptions. BUYER TO COOPERATE WITH SELLER'S 1031 TAX DEFERRED EXCHANGE ALL EXPENSE NUMBERS AND THE PROFORMA RENTS ARE ESTIMATES ONLY. SQUARE FOOTAGES ARE ESTIMATED.

Listed by Mark Christy | BRE #00776546 | Berkshire Hathaway HomeServices California Properties
Co-listed by Tyler Alter | BRE #02126524 | Berkshire Hathaway HomeServices California Properties
Last checked: 10 minutes ago | Last updated: April 5th, 2024 | Source CRMLS | DOM: 45
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Home details

Lot Sq. Ft
9,583
HOA Dues
$0/mo
Year built
1992
Garage
4 Car
Property Type:
Duplex
Status
Active
MLS#
LG24051221
City
Laguna Beach
County
Orange
Time on Site
52 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,700
  • Total Rent: $4,700
  • Pro Forma/Market Rent: $5,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,575
  • Total Rent: $4,575
  • Pro Forma/Market Rent: $5,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $111,300
  • Net Operating Income: $74,571
  • Gross Operating Income: $107,961
  • Vacancy Allowance: $3,339
  • # of Rented Garages: 0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $33,390
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $400
  • Insurance: $3,000
  • Water/Sewer: $600

Open Houses for 363 Cleo St

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Property Details for 363 Cleo St

Interior Features
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Living Room
Kitchen Information
  • Has Appliances
  • Built-In Range, Dishwasher, Disposal
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Other Structures: Two On A Lot
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Cul-De-Sac, Lot 6500-9999, Irregular Lot, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: See Remarks
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 64403408
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
Location / Neighborhood
Location Information
  • Subdivision Name: The Village (VIL)
  • Directions: TWO BLOCKS FROM BEACH ON CLEO (ABOVE GLENNEYRE). DRIVEWAY ON RIGHT SERVICES THIS PROPERTY AND TWO OTHERS)
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Laguna Beach Agent

Sale History for 363 Cleo St

Last leased for $4,575 on September 7th, 2022

  • March, 2024

  • Mar 13, 2024

    Date

    Active

    CRMLS: LG24051221

    $2,995,000

    Price

  • September, 2022

  • Sep 7, 2022

    Date

    Leased

    CRMLS: LG22169970

    $4,575

    Price

  • Aug 18, 2022

    Date

    Active

    CRMLS: LG22169970

    $4,350

    Price

  • Listing provided courtesy of CRMLS

    Spacious Two Bedroom, Two bathroom Duplex. Laguna Living one block from the beach and a short walk to all downtown Laguna has to offer. TWO private patios off the living room and bedroom. Two car garage with additional parking in driveway. Larger bedrooms with walk-in closets and updated bathrooms. Includes washer/dryer (In garage). Freshly painted and ready to be loved by a responsible tenant!

  • May, 2003

  • May 8, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 363 Cleo St

Assessed Value (2020): $653,339
Year Land Value Improved Value Assessed Value
2020 $199,104 $454,235 $653,339

Home Value Compared to the Market

This property vs the competition

363 Cleo St is listed 29.53% lower than the median list price for the city of Laguna Beach which has a median list price of $4,250,000. The median price per/sqft for Laguna Beach is $1,806 and this home is listed at $1151.92 per/sqft which puts the price per square foot 36.22% lower than the median price per square foot for the city of Laguna Beach.

About 363 Cleo St

Detailed summary of property

363 Cleo St is a duplex located in Laguna Beach, CA 92651 and is currently for sale. This duplex offers 4 bedrooms, 4 bathrooms, roughly 2,600 living square feet, and sits on an approximately 9,583 square foot lot. 363 Cleo St was first listed on ArdentRealEstateGroup.com on March 14, 2024. The homeowner is currently asking $2,995,000. The median priced home in Laguna Beach is $4,250,000 with a median price per square foot of $1,806. Based on Ardent Real Estate Group's Laguna Beach Market Data, this home is listed 29.53% lower than the median priced home. Local competing homes currently for sale include 276 Chiquita St, 217 Nyes Pl and 217 Nyes Pl. While the average home in Laguna Beach, CA is selling in 94 days, 363 Cleo St has a days on market of 45 days. There are currently 161 homes for sale in the Laguna Beach real estate market and 141 of them are single family homes while 20 of them are condos and 0 are townhomes. For more information on this home for sale at 363 Cleo 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 363 Cleo St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
7,646
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
--
APN
644-034-08

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%)

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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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