REALATRENDS REAL ESTATE SERVICES, INC 949·494·8830
REALATRENDS
361 Cypress Drive, Laguna Beach

Sold

361 Cypress Drive sold on December 12, 2023 for $3,075,000, 12% below the $3,495,000 asking price after 91 days on the market; it was first listed at $3,699,800. The details are below for reference.

$3,075,000

361 Cypress Drive Laguna Beach, CA 92651

Quadruplex|Sold

SubdivisionNorth Laguna

6Beds
5Total Baths
4Full Baths
1Partial Baths
2,316SqFt
$1,328$/SqFt
1946Built

About 361 Cypress Drive

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.

General Features

Property Type
Quadruplex
MLS Number
SR23131532
Year Built
1946
Living Area (sq ft)
2,316
Lot Size (sq ft)
6,098
Lot Size (acres)
0.14
Levels
Two
Bedrooms
6
Full Baths
4
Half Baths
1
Garage Spaces
3
Parking Spaces
3
View
Ocean, Peek A Boo
Parcel Number
49612205
On Market Date
2023-07-17
Listing Terms
Standard

Interior Features

Interior Features
Workshop
Appliances
Dryer, Washer
Cooling
Gas, Wall Window Units
Fireplace
Gas, Wood Burning
Main Level Bedrooms
3
Main Level Bathrooms
2
Entry Level
1
Common Walls
Two Common Walls Or More
Windows
Bay Windows

Exterior Features

Lot Features
Zero To One Unit Acre
Pool Features
None
Sewer
Public Sewer
Water
Private, See Remarks
Units
4

Community Features

Subdivision
North Laguna (NL)
Community Features
Curbs, Suburban, Sidewalks

Schools

School District
Laguna Beach Unified
Elementary School
El Morro
Middle School
Thurston
High School
Laguna Beach

Property Details for 361 Cypress Drive

This 6-bedroom, 5-bath home sits in the North Laguna neighborhood of Laguna Beach in Orange County. It offers 2,316 square feet of living space. The home was built in 1946. The MLS record lists the assessor parcel number as 496-122-05. Highlights include peek-a-boo ocean views, a fireplace, an attached three-car garage, and air conditioning. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.

Property History

361 Cypress Drive was listed for sale on July 17, 2023 at $3,699,800.

About North Laguna

North Laguna anchors the northern end of Laguna Beach, where Heisler Park follows the bluffs along Cliff Drive above Crescent Bay, Shaw's Cove, and Diver's Cove. Its Tree Streets, an alphabetical botanical grid beginning at Aster Street, are lined with early-1900s cottages within the Laguna Beach Unified School District.

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Listed by Thomas Paulauskas of Keller Williams Realty Antelope Valley

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