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826 S Coast, Laguna Beach, CA 92651
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826 S Coast Laguna Beach, CA 92651

$3,650,000 Sold Price as of 03/27/2024
  • 5 Beds
  • 5 Baths
  • 3,775 Sq.Ft.
Sold
$3,650,000 Sold Price as of 03/27/2024 Refinance Your Mortgage
Map preview of 826 S Coast, Laguna Beach, CA 92651

Property Overview: 826 S Coast Laguna Beach, CA has 5 bedrooms, 5 bathrooms, 3,775 living square feet and 5,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: On the market for the first time in over 20 years, 826-830 S. Coast Highway is nestled in the Village, and surrounded by cafes, restaurants, and boutique retail shops. It is also just steps from both St. Ann’s Beach and Thalia Street Beach. With frontage along Coast Highway, the retail component is an estimated 800 square feet, and is currently utilized as two separate storefronts – a hair salon, and a jewelry store. Perched above that are five 1-Bedroom apartments, with peek-a-boo ocean views from select units, a common courtyard area, and patio or balcony space for each unit.

Listed by Damien Breaux | BRE #01460301 | Morgan Skenderian
Last checked: 4 minutes ago | Last updated: March 27th, 2024 | Source CRMLS | DOM: 29

Home details

Lot Sq. Ft
5,000
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
PW23184638
City
Laguna Beach
County
Orange
Time on Site
211 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
  • # of Electric Meters: 7
  • # of Gas Meters: 7
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $9,295
  • Total Rent: $9,295
  • Pro Forma/Market Rent: $12,975
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $3,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 1.8%
  • Gross Rent Multiplier: 29.03
  • Gross Scheduled Income: $130,740
  • Net Operating Income: $67,237
  • Gross Operating Income: $126,818
  • Vacancy Allowance: $3,922
  • Gross Spendable Income: $67,237
Annual Expense Breakdown
  • Total Operating Expense: $59,581
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $3,235
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 826 S Coast

Interior Features
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One, Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 7
  • Parcel Number: 64406113
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: The Village (VIL)
  • Directions: North of Thanlia Street and East of S. Coast Highway
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
View more facts & features

Local Laguna Beach Agent

Sale History for 826 S Coast

Last sold for $3,650,000 on March 27th, 2024

  • March, 2024

  • Mar 27, 2024

    Date

    Sold

    CRMLS: PW23184638

    $3,650,000

    Price

  • Oct 3, 2023

    Date

    Active

    CRMLS: PW23184638

    $3,795,000

    Price

Tax History for 826 S 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

826 S Coast sold on March 27, 2024 for 38% higher than the current median sold price for the city of Laguna Beach which is $2,750,000. The median sold price per/sqft for Laguna Beach is $1,833 and this home is sold at $1005.3 per/sqft which puts the price per square foot 45.16% lower than the current median sale per square foot for the city of Laguna Beach.

About 826 S Coast

Detailed summary of property

826 S Coast is a mixed use that recently sold in Laguna Beach, CA 92651. This mixed use property offered 5 bedrooms, 5 bathrooms, roughly 3,775 living square feet, and sits on an approximately 5,000 square foot lot. 826 S Coast was first listed on ArdentRealEstateGroup.com on October 3, 2023. The homeowner sold the property for $3,650,000. Home in Laguna Beach are selling for a median price of $2,750,000 and a median price per square foot of $1,833. Based on Ardent Real Estate Group's Laguna Beach Market Data, this home is sold 38% higher than the current median priced home. Local homes that are currently for sale include 11901 S San Pedro St, 1452 Jefferson Blvd and 601 N Normandie Ave. While the average home in Laguna Beach, CA is selling in 103 days, 826 S Coast has a days on market of 29 days. There are currently 159 homes for sale in the Laguna Beach real estate market and 139 of them are single family homes while 19 of them are condos and 1 are townhomes. For more information on this home for sale at 826 S 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 826 S 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
$4,250,000
Median List Price/Sq.Ft.
$1,759
Median Sold Price
$3,330,000
Median Sold Price/Sq.Ft.
$1,531
Total Inventory
159
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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