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Laguna Beach, CA 92651 363 Cleo Street

$2,995,000

363 Cleo Street Laguna Beach, Ca - Image 1363 Cleo Street Laguna Beach, Ca - Image 2363 Cleo Street Laguna Beach, Ca - Image 3
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363 Cleo Street Laguna Beach, Ca - Image 4363 Cleo Street Laguna Beach, Ca - Image 5363 Cleo Street Laguna Beach, Ca - Image 6363 Cleo Street Laguna Beach, Ca - Image 7363 Cleo Street Laguna Beach, Ca - Image 8363 Cleo Street Laguna Beach, Ca - Image 9363 Cleo Street Laguna Beach, Ca - Image 10363 Cleo Street Laguna Beach, Ca - Image 11363 Cleo Street Laguna Beach, Ca - Image 12363 Cleo Street Laguna Beach, Ca - Image 13363 Cleo Street Laguna Beach, Ca - Image 14363 Cleo Street Laguna Beach, Ca - Image 15363 Cleo Street Laguna Beach, Ca - Image 16
Presented By: Mark Christy with Berkshire Hathaway HomeServices California Properties; mark@hobie.com
  • MLS# LG24051221
  • 03/13/2024
  • Request Tour
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  • BedBeds • 4
  • BathBaths • 4
  • FootageSQFT • 2,600
  • GarageGarage • 4

Home Details

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.
Presented By: Mark Christy with Berkshire Hathaway HomeServices California Properties; mark@hobie.com

Interior Features for 363 Cleo Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
Heating Y/NYes
Laundry FeaturesInGarage
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level1

General for 363 Cleo Street

Additional Parcels Y/NNo
AppliancesBuiltInRange, Dishwasher, Disposal
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLaguna Beach
Community FeaturesStreetLights
Construction MaterialsPlaster
CountyOrange
Days on Market23
DirectionsTWO BLOCKS FROM BEACH ON CLEO (ABOVE GLENNEYRE). DRIVEWAY ON RIGHT SERVICES THIS PROPERTY AND TWO OTHERS)
Electric Expense0.0
Entry Location1
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income111300.0
HOA0.0
HOA / Comm AssnNo
HeatingForcedAir
Home Warranty Y/NNo
Insurance Expense3000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsItem1031Exchange
Lot Size Square Feet9583.0
MLS AreaLV - Laguna Village
MobileHomeRemainsYNNo
Net Operating Income74571.0
New ConstructionNo
Open Parking Spaces4.0
Operating Expense33390.0
Other StructuresTwoOnALot
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameCleo
Subdivision NameThe Village (VIL)
Tax Lot21
Tenant PaysCableTV, Electricity, Gas, Telephone
Total Units2
Trash Expense400.0
UtilitiesCableConnected, ElectricityConnected, NaturalGasConnected
View Y/NYes
Water Sewer Expense600.0
Waterfront Y/NNo
Year Built1992
Year Built SourceAssessor

Exterior for 363 Cleo Street

Building Area Total2600.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCulDeSac, IrregularLot, NearPublicTransit
Lot Size Acres0.22
Lot Size Area9583.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned
SpaNo
Total Parking8.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,995,000
MLS#LG24051221
List Date 03/13/2024
Property Type Multi-Family
Phone 714.964.3311
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*According to the National Association of Realtors