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363 Cleo Street

Laguna Beach, CA 92651
  • $2,995,000
  • STATUS: Active
  • ON SITE: 39 Days
  • ID#: LG24051221
UPDATED: 105 min ago
$2,995,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1992
County:

School Ratings & Info

Listing Agent(s): Mark Christy of Berkshire Hathaway HomeServices California Properties (949-499-5900) and Tyler Alter of Berkshire Hathaway HomeServices California Properties(949-499-5900)


Description

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 EXCHANGEALL EXPENSE NUMBERS AND THE PROFORMA RENTS ARE ESTIMATES ONLY. SQUARE FOOTAGES ARE ESTIMATED.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-22T18:51:40.093. 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 deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.kevinhillre.com/homes/148554632
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363 Cleo Street Laguna Beach, CA 92651

  • Price: $2,995,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 105 min ago
  • ID#: LG24051221
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1992
Built
Neighborhood:
The Village (Vil)
County:
Orange
Area:
LV - Laguna Village
Property Description
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 EXCHANGEALL EXPENSE NUMBERS AND THE PROFORMA RENTS ARE ESTIMATES ONLY. SQUARE FOOTAGES ARE ESTIMATED.
Exterior Features

Construction Materials Plaster Entry Level 1 Entry Location 1 Lot Features Cul-De-SacIrregular LotNear Public Transit Number Of Separate Electric Meters 2 Open Parking Spaces 4 Other Structures Two On A Lot Parking Features Assigned Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View YN Yes

Interior Features

Appliances Built-In RangeDishwasherDisposal Common Walls 1 Common Wall Fireplace Features Living Room Fireplace YN Yes Heating Forced Air Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street Lights Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 111300 Gross Scheduled Income 111300 Insurance Expense 3000 Land Lease YN No Laundry Features In Garage Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 74571 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 33390 Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TVElectricityGasTelephone Trash Expense 400 Utilities Cable ConnectedElectricity ConnectedNatural Gas Connected Vacancy Allowance 3339 Vacancy Allowance Rate 3 Water Sewer Expense 600 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-22T18:51:40.093. 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 deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
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Berkshire Hathaway HomeServices California Properties
25909 Pala Dr, Suite 100
Mission Viejo CA, 92691
Listing Agent(s): Mark Christy of Berkshire Hathaway HomeServices California Properties (949-499-5900) and Tyler Alter of Berkshire Hathaway HomeServices California Properties(949-499-5900)