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Sold

389 Park Avenue sold on December 27, 2024 for $2,500,000, 3.7% below the $2,595,000 asking price after 10 days on the market. The buyer paid cash. The details are below for reference.

DuplexSold · Dec 27, 2024

389 Park Avenue, Laguna Beach, CA 92651

  • 4 beds
  • 2 baths
  • 986 sq ft
  • Built 1923

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$2,500,000

MLS# LG24235093

Subdivision The Village

The Village is Laguna Beach's downtown core, where Forest Avenue and South Coast Highway meet walkable blocks of art galleries, storefronts, and restaurants.

See homes for sale in The Village

This property is also on the market under MLS LG26030620 (Residential), MLS LG26046547 (Residential Income).

The home

About 389 Park Avenue

Two separate, fully renovated cottages on a single lot in the heart of downtown Laguna Beach, less than 2 blocks from Forest Avenue Promenade, Hotel Laguna and Main Beach (Walkscore 97)! The cottages were recently updated with new kitchen and bath fixtures, true wide-plank hardwood floors, new roofs, vaulted ceilings, new lighting, designer window treatments, designer cabinetry and tiles, stone counters, designer wood-burning fireplaces, tankless hot water, individual laundry enclosures, new decks, exterior wood restoration and fresh paint, and gorgeous landscaping. As the cottages are free-standing, they have windows on all sides allowing for ample natural light. They are some of the original Olympic Cottages, brought to Laguna after the Los Angeles Olympics in the 1930s. They are currently rented separately, generating a total of approximately $8,800 in monthly income ($105,600 annually). While iconic in Laguna Beach, these cottages are not yet on the historic register, but are on the city Historic Inventory with a rating of E (Exceptional) - meaning that they could be historically registered, and under the Mills Act, might benefit from substantially reduced property taxes. PLUS -- plans have been submitted to the city for final approval of a 3rd 575-square foot bungalow on property, to be built as an Auxiliary Dwelling Unit (ADU). Plans for the ADU are available. The neighboring, larger property at 363 Park Avenue and 504 Goff Street, which contains three (3) more similar cottages plus a single family ocean-view residence, is available for purchase from the same owner.

Property details for 389 Park Avenue

This 4-bedroom, 2-bath duplex sits in the Village neighborhood of Laguna Beach in Orange County. It has 986 square feet of living space. The home was built in 1923. The MLS record lists the assessor parcel number as 644-011-02. Highlights include city lights and hill views, a fireplace, single-story living, an updated home, and cottage architecture.

Specifications

Home Details

General Features

Property Type
Duplex
MLS Number
LG24235093
Year Built
1923
Living Area (sq ft)
986
Living Area Source
Assessor
Lot Size (sq ft)
3,624
Lot Size (acres)
0.0832
Levels
One
Bedrooms
4
Full Baths
2
View
City Lights, Hills, Trees Woods
Parcel Number
64401102
On Market Date
2024-11-15
Listing Terms
Standard

Interior Features

Interior Features
High Ceilings, Stone Counters
Flooring
Wood
Heating
Forced Air
Cooling
None
Fireplace
Living Room
Laundry
Laundry Closet, Outside
Main Level Bedrooms
4
Main Level Bathrooms
2
Entry Level
1
Common Walls
No Common Walls
Windows
Custom Coverings

Exterior Features

Architectural Style
Bungalow, Cottage
Lot Features
Landscaped, Walkstreet
Patio and Porch
Deck, Front Porch
Parking
Public, On Street
Pool Features
None
Sewer
Public Sewer, Sewer Tap Paid
Water
Public
Condition
Updated Remodeled, Turnkey
Units
2

Community Features

Subdivision
The Village (VIL)
Community Features
Biking, Curbs, Hiking, Park, Street Lights, Sidewalks, Urban, Water Sports

The record

Property History for 389 Park Avenue

DateEventPriceNote
Dec 27, 2024 Sold $2,500,000
Dec 26, 2024 Status changed to Pending From Active Under Contract
Nov 26, 2024 Status changed to Active Under Contract From Active
Nov 15, 2024 Listed for sale $2,595,000

No prior MLS sales on record for this home since 2012.

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 389 Park Avenue

We looked up this home's map point in public government maps. These facts are not part of the MLS listing.

Hazard zones

Flood zone

Zone X, area of minimal flood hazard. Outside FEMA's Special Flood Hazard Area.

FEMA National Flood Hazard Layer, FIRM panel 06059C0417K effective March 21, 2019. Checked October 15, 2026.

Fire hazard severity zone

Moderate Fire Hazard Severity Zone, Local Responsibility Area.

CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.

Earthquake fault zone

Outside the Alquist-Priolo Earthquake Fault Zones.

California Geological Survey, Earthquake Fault Zones. Checked October 15, 2026.

Liquefaction zone

Outside the liquefaction zones.

California Geological Survey, Seismic Hazard Zones map, Laguna Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Landslide zone

Outside the earthquake-induced landslide zones.

California Geological Survey, Seismic Hazard Zones map, Laguna Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Tsunami hazard area

Outside the Tsunami Hazard Area on the State's evacuation planning map.

California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.

Internet and charging

Fixed internet

Fiber: Frontier, up to 7,000 Mbps, at 10 of 13 residential locations in this census block. Fiber: Cox Communications, up to 1,000 Mbps, at 12 of 13. DSL: Frontier, up to 10 Mbps, at 2 of 13.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590626051019, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger less than 0.1 miles away (ChargePoint, 2 Level 2 ports). 25 public charging ports within 3 miles.

U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.

These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).

Official maps

Next steps

Looking for something similar

389 Park Avenue is no longer on the market, but comparable homes come up in Laguna Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.

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Selling near 389 Park Avenue

Thinking of selling nearby? We bring current The Village sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.

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The neighborhood

About The Village

The Village is Laguna Beach's downtown core, where Forest Avenue and South Coast Highway meet walkable blocks of art galleries, storefronts, and restaurants. It fronts Main Beach Park and the bluff-top trails of Heisler Park, sits within Laguna Beach Unified School District, and keeps its historic gallery-town character along the coast.

Laguna Beach home sales, past 12 months

Homes sold
10
Median price
$2,762,500
Median days on market
58
Median per sq ft
$1,454

Recorded MLS closings of duplexes, Oct 22, 2025 to Oct 22, 2026. Days on market run from listing to going under contract.

Recent Laguna Beach sales

AddressClosedPriceSq ftPer sq ftDays on market
166 Fairview Aug 31, 2026 $4,600,000 2,595 $1,773 13
284 Chiquita Aug 28, 2026 $3,200,000 1,724 $1,856 39
1553 Arroyo Drive Jul 21, 2026 $2,050,000 1,488 $1,378 30
2110 Ocean Way Apr 2, 2026 $5,430,000 3,546 $1,531 0
464 Agate Street A/B Mar 27, 2026 $2,750,000 1,633 $1,684 166

Schools

School District for 389 Park Avenue

As listed in the MLS record. Confirm attendance boundaries with the school district.

The MLS record lists the school district as Laguna Beach Unified.

Moving to Laguna Beach covers its schools, parks and beaches.

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Listed by Kenneth Guziak of Coldwell Banker Realty

Listing information updated Jan 13, 2025 at 4:42 PM PT. Source: CRMLS.

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