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578 N Coast, Laguna Beach, CA 92651
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578 N Coast Laguna Beach, CA 92651

$2,000,000 Sold Price as of 03/27/2019
  • 6 Beds
  • 4 Baths
  • 2,600 Sq.Ft.
Sold
$2,000,000 Sold Price as of 03/27/2019 Refinance Your Mortgage
Map preview of 578 N Coast, Laguna Beach, CA 92651

Property Overview: 578 N Coast Laguna Beach, CA has 6 bedrooms, 4 bathrooms, 2,600 living square feet and 4,844 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: FIRST TIME ON MARKET IN GENERATIONS. Classic Laguna Beach Family beach getaway property is beautifully located in the coveted "Tree Streets" neighborhood of North Laguna and features an original 1920's ERA 4BD/2BA COTTAGE with incredible charm and character. "K" rated historical structure needs some freshening up, but will be amazing and ready for another century of fun when restored. Ocean views, whimsical windows, Arroyo stone fireplace, douglas fir flooring, yard, and VERY close to beach, Heisler Park, shops, restaurant, town. A SEPARATE BUILDING OFFERS TWO NICE 1BD/1BA APARTMENTS WITH OPEN BEAMED CEILINGS and an additional improved space with 3/4 bath. This home has been enjoyed by generations of the same family and is now ready for a new owner to make their own memories. Would be great for investor, owner/user in main house and rent apartments, or a family compound with location and vintage soul. THREE CAR GARAGE OFF CEDAR WAY. The complete address includes 578 N Coast Hwy and 577/579 Cedar Way. The heirs of the original owners are finally ready to part with this extraordinary piece of Laguna's heritage and have priced to sell. ALL PRO FORMA FINANCIAL NUMBERS AND SQUARE FOOTAGES ARE ESTIMATES ONLY. BUYER TO INDEPENDENTLY VERIFY.

Listed by Mark Christy | BRE #00776546 | Berkshire Hathaway HomeServices
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 129

Home details

Lot Sq. Ft
4,844
HOA Dues
$0/mo
Year built
1956
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
LG18263241
City
Laguna Beach
County
Orange
Time on Site
1391 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $108,000
  • Net Operating Income: $78,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $30,000
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $27,000
  • Trash: $500
  • Insurance: $3,000
  • Water/Sewer: $500

Property Details for 578 N Coast

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Fireplace Information
  • Has Fireplace
  • Living Room
Exterior Features
Exterior Information
  • Roof: Composition
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: Front Yard, Rectangular Lot, Near Public Transit
  • Lot Size Source: Estimated
Property Information
  • Has View
  • View: Ocean
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 49618112
  • Year Built Source: Assessor
  • Architectural Style: Bungalow, Cottage, Craftsman, See Remarks
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: North Laguna (NL)
  • Directions: Parking and entry off Cedar Way (577-579 Cedar Way are the unit addresses). Near High Dr.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Laguna Beach Agent

Sale History for 578 N Coast

Last sold for $2,000,000 on March 27th, 2019

  • March, 2019

  • Mar 27, 2019

    Date

    Sold

    CRMLS: LG18263268

    $2,000,000

    Price

  • Mar 7, 2019

    Date

    Active Under Contract

    CRMLS: LG18263268

    $2,150,000

    Price

  • Feb 18, 2019

    Date

    Price Change

    CRMLS: LG18263268

    $2,150,000

    Price

  • Feb 9, 2019

    Date

    Active

    CRMLS: LG18263268

    $2,350,000

    Price

  • Jan 10, 2019

    Date

    Active Under Contract

    CRMLS: LG18263268

    $2,350,000

    Price

  • Oct 31, 2018

    Date

    Active

    CRMLS: LG18263268

    $2,350,000

    Price

  • Listing provided courtesy of CRMLS

    FIRST TIME ON MARKET IN GENERATIONS. Classic Laguna Beach Family beach getaway property is ideally located in the coveted and historic "Tree Streets" neighborhood of North Laguna and features an original 1920's ERA 4BD/2BA COTTAGE with incredible charm and character. "K" rated historical structure needs some freshening up, but will be amazing and ready for another century of fun when restored. Ocean views, whimsical windows, Arroyo stone fireplace, douglas fir flooring, yard, and VERY close to beach, Heisler Park, shops, restaurant, town. A SEPARATE BUILDING OFFERS TWO NICE 1BD/1BA APARTMENTS WITH OPEN BEAMED CEILINGS and an additional improved space with 3/4 bath. This home has been enjoyed by several generations of the same family and is now ready for a new owner to make their own memories. Would be great for investor, owner/user in main house and rent apartments, or a family compound with location and vintage soul. THREE CAR GARAGE OFF CEDAR WAY. The complete address includes 578 N Coast Hwy and 577/579 Cedar Way. The heirs of the original owners are finally ready to part with this extraordinary piece of Laguna's heritage and have priced to sell.

  • March, 2019

  • Mar 27, 2019

    Date

    Sold

    CRMLS: LG18263241

    $2,000,000

    Price

  • Mar 7, 2019

    Date

    Active Under Contract

    CRMLS: LG18263241

    $2,150,000

    Price

  • Feb 18, 2019

    Date

    Price Change

    CRMLS: LG18263241

    $2,150,000

    Price

  • Feb 9, 2019

    Date

    Active

    CRMLS: LG18263241

    $2,350,000

    Price

  • Jan 10, 2019

    Date

    Active Under Contract

    CRMLS: LG18263241

    $2,350,000

    Price

  • Oct 31, 2018

    Date

    Active

    CRMLS: LG18263241

    $2,350,000

    Price

Show More

Tax History for 578 N Coast

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

578 N Coast sold on March 27, 2019 for 35.44% 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 $826.92 per/sqft which puts the price per square foot 45.99% lower than the current median sale per square foot for the city of Laguna Beach.

About 578 N Coast

Detailed summary of property

578 N Coast is a multi family that recently sold in Laguna Beach, CA 92651. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 2,600 living square feet, and sits on an approximately 4,844 square foot lot. 578 N Coast was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $2,000,000. 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 35.44% lower than the current median priced home. Local homes that are currently for sale include 186 Del Mar Ave, 150 Cecil Pl and 1924 Maple Ave. While the average home in Laguna Beach, CA is selling in 92 days, 578 N Coast has a days on market of 129 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 578 N Coast 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 578 N Coast

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
$4,295,000
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%)

Thinking of Selling?

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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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