3,000 Sq. Ft.
$800 / Sq. Ft.
3,000
Sq. Ft.
$800
per Sq. Ft.

Description

Investors dream. Live in one, lease the other. Lease them both. Or a family compound. Two beautiful homes on one lot in the heart of The Village. The front house, 515 Reed, is a classic 1929 Laguna cottage recently expanded and completely remodeled. The home boasts 2 bedrooms and 2 bathrooms with a bright and open kitchen, living, dining area and a large bonus room, currently being used as a 3rd bedroom. Hardwood floors and a brick fireplace add to the wonderfully warm feel of this home. Enjoy outdoor...Investors dream. Live in one, lease the other. Lease them both. Or a family compound. Two beautiful homes on one lot in the heart of The Village. The front house, 515 Reed, is a classic 1929 Laguna cottage recently expanded and completely remodeled. The home boasts 2 bedrooms and 2 bathrooms with a bright and open kitchen, living, dining area and a large bonus room, currently being used as a 3rd bedroom. Hardwood floors and a brick fireplace add to the wonderfully warm feel of this home. Enjoy outdoor living on the private wood back patio and front deck-great for entertaining. Opposite end of the spectrum but equally impressive is 517 Reed. A brand new urban loft feeling contemporary home with 3 bedrooms and 2.5 baths. Polished concrete floors downstairs and in the entry, an open architectural steel and wood staircase leads up to hardwood floors where the light pours into the living room, kitchen and master bedroom suite. An attached 3 car garage serves both homes. Highest level of craftsmanship and materials used in each of the homes. Extensive landscaping creates space and privacy between the two homes. Close to beaches, restaurants, shops and more. So many options to consider.

Listing Agent

  1. Marcus Skenderian

    Marcus Skenderian

    Listing Agent

    Compass

    DRE #01115339

    marcus@compass.com

    P: (949)-295-5758

Property Details for 515 Reed Street

Architectural Style
Contemporary, Cottage
View
Neighborhood, Peek-A-Boo
Parking Spaces Total
3
Private Pool
No
Cooling Type
None
Building Type
Detached
Living Area
3000
Assessor Parcel Number
644-042-02
LISTING UPDATED: 10/11/2017 04:04 AM

Property Details for 515 Reed Street

StatusClosed
MLS #LG16147797
Days on Market427
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1926
Lot Size0.14 AC / 6,098 SF
CountyOrange County

Location

Listing Courtesy of Surterre Properties, Marcus Skenderian, DRE #01115339

Sold By Deasy Penner Podley, Luther Tsinoglou, DRE #01135433

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Virtual Tour

Building Information for 515 Reed Street

Stories2Year Built1926Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$14,089 per month

30 year fixed, 6.11% Interest

Principal and Interest

$11,648

Property Taxes

$2,441

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 515 Reed Street

Income / Expense / Tax Details
Income Details
  • Financing: Cash
Tax / Assessment Info
  • Tax Tract Number: 410
  • Tax Lot: 178
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Cooktop, Refrigerator, Tankless Water Heater
  • Equipment: Dishwasher, Garbage Disposal, In Closet, Refrigerator
  • Interior Features: Copper Plumbing Full, High Ceilings
  • Room Type: Main Floor Master Bedroom, Master Suite
  • Bedroom Features: Main Floor Master Bedroom, Master Suite
  • Room Kitchen Features: Kitchen Island, Kitchen Open to Family Room, Remodeled Kitchen
  • Eating Area: Family Kitchen
  • Water Heater Features: Tankless
  • Laundry: Yes
  • Laundry Features: In Closet
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: None
  • Heating Type: Central
  • Heating: Central
  • Flooring Type: Concrete, Stone, Wood
  • Flooring: Concrete, Stone, Wood
Exterior Features
  • Security Features: Fire Sprinkler System, Smoke Detector(s)
  • Construction Materials: Other, Stucco, Wood Siding
  • Exterior Construction: Stucco
  • Roof: Shingle
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Property Condition: Updated/Remodeled
  • View Description: Peek-A-Boo
  • Patio: Yes
  • Patio And Porch Features: Deck, Front Porch, Wood
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Sprinkler System
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: Alley
  • Levels: Two
  • Utilities: Sewer Connected, Sewer Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Direct Entrance, Garage, Garage - 3 Car
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Direct Garage Access, Garage, Garage - Three Door
Property / Structure Info
  • Builders Tract Name: The Village
  • Builders Tract Code: The Village (VIL)

Property History for 515 Reed Street

DateEvent & SourcePriceAppreciation
Oct 10, 2017

Sold

CLAW #LG16163033MR

$2,400,000—
Oct 10, 2017

Sold

SDMLS #LG16163033

$2,400,000—
Oct 10, 2017

Sold

CLAW #LG16147797MR

$2,400,000—
Oct 10, 2017

Sold

CRMLS #LG16163033

$2,400,000—
Oct 10, 2017

Sold

CRMLS #LG16147797

$2,400,000—
Sep 11, 2017

Sold (Public Record)

Public Record #606660605

$2,376,500—
Sep 11, 2017

Sold (Public Record)

Public Record #606660605

$2,376,500

+8.3% / yr

Sep 7, 2017

Pending

CRMLS #LG16163033

—
Sep 7, 2017

Pending

CRMLS #LG16147797

—
Sep 7, 2017

Pending

CLAW #LG16163033MR

—
Sep 7, 2017

Pending

CLAW #LG16147797MR

—
Jul 21, 2017

Price Change

CRMLS #LG16163033

$2,499,000—
Jul 21, 2017

Price Change

CRMLS #LG16147797

$2,499,000—
Jun 20, 2017

Price Change

CRMLS #LG16163033

$2,595,000—
Jun 20, 2017

Price Change

CRMLS #LG16147797

$2,595,000—
May 8, 2017

Price Change

CRMLS #LG16163033

$2,695,000—
May 8, 2017

Price Change

CRMLS #LG16147797

$2,695,000—
Feb 26, 2017

Price Change

CRMLS #LG16163033

$2,795,000—
Feb 26, 2017

Price Change

CRMLS #LG16147797

$2,795,000—
Sep 24, 2016

Price Change

CRMLS #LG16163033

$2,895,000—
Sep 13, 2016

Price Change

CRMLS #LG16147797

$2,895,000—
Jul 7, 2016

Price Change

CRMLS #LG16147797

$2,995,000—
Jul 7, 2016

Listed (Active)

CRMLS #LG16163033

$2,995,000—
Jul 7, 2016

Listed (Active)

CLAW #LG16163033MR

$2,995,000—
Jul 7, 2016

Listed (Active)

CLAW #LG16147797MR

$2,895,000—
Jul 7, 2016

Listed (Active)

SDMLS #LG16163033

$2,995,000—
Jul 7, 2016

Listed (Active)

CRMLS #LG16147797

$2,895,000—
Oct 1, 2015

Expired

CRMLS #OC15031054

$2,495,000—
Oct 1, 2015

Expired

CRMLS #OC15027415

$2,495,000—
Sep 30, 2015

Expired

CLAW #OC15031054MR

—
Sep 30, 2015

Expired

CLAW #OC15027415MR

—
Sep 6, 2015

Withdrawn / Cancelled

CRMLS #OC15031054

—
Sep 6, 2015

Withdrawn / Cancelled

CRMLS #OC15027415

—
Sep 6, 2015

Expired

SDMLS #OC15031054

—
Sep 5, 2015

Listed (Active)

CRMLS #OC15031054

$2,695,000—
Sep 5, 2015

Listed (Active)

CRMLS #OC15027415

$2,695,000—
Sep 5, 2015

Listed (Active)

CLAW #OC15031054MR

$2,695,000—
Sep 5, 2015

Listed (Active)

CLAW #OC15027415MR

$2,695,000—
Aug 21, 2015

Hold

CRMLS #OC15031054

—
Aug 21, 2015

Hold

CRMLS #OC15027415

—
Aug 21, 2015

Listed (Active)

CRMLS #OC15031054

—
Aug 21, 2015

Listed (Active)

CRMLS #OC15027415

—
Jul 31, 2015

Hold

CRMLS #OC15031054

—
Jul 31, 2015

Hold

CRMLS #OC15027415

—
Jul 31, 2015

Listed (Active)

CRMLS #OC15027415

—
Jul 31, 2015

Listed (Active)

CRMLS #OC15031054

—
Jul 10, 2015

Hold

CRMLS #OC15027415

—
Jul 10, 2015

Hold

CRMLS #OC15031054

—
Jun 30, 2015

Listed (Active)

CRMLS #OC15031054

—
Jun 30, 2015

Listed (Active)

CRMLS #OC15027415

—
Jun 28, 2015

Pending

CRMLS #OC15027415

—
Mar 7, 2015

Price Change

CRMLS #OC15027415

$2,495,000—
Feb 10, 2015

Listed (Active)

SDMLS #OC15031054

$2,695,000—
Feb 9, 2015

Listed (Active)

CRMLS #OC15027415

—
Oct 30, 2009

Sold

CRMLS #L28863

$1,262,500—
Oct 30, 2009

Sold

CRMLS #L28657

$1,262,500—
Oct 30, 2009

Sold

CLAW #L28863MR

$1,262,500—
Oct 30, 2009

Sold

CLAW #L28657MR

$1,262,500—
Sep 24, 2009

Sold (Public Record)

Public Record #278184437

$1,262,500—
Sep 24, 2009

Sold (Public Record)

Public Record #278184437

$1,262,500

+0.6% / yr

Sep 23, 2009

Pending

CLAW #L28863MR

—
Sep 23, 2009

Pending

CLAW #L28657MR

—
Sep 23, 2009

Pending

CRMLS #L28863

—
Sep 23, 2009

Pending

CRMLS #L28657

—
Feb 20, 2009

Listed (Active)

CLAW #L28863MR

$1,495,000—
Feb 20, 2009

Listed (Active)

CRMLS #L28863

$1,495,000—
Feb 2, 2009

Listed (Active)

CLAW #L28657MR

$1,495,000—
Feb 2, 2009

Listed (Active)

CRMLS #L28657

$1,495,000—
Oct 2, 2006

Sold

CRMLS #L20149

$1,300,000—
Oct 2, 2006

Sold

CLAW #L20149MR

$1,300,000—
Aug 31, 2006

Pending

CRMLS #L20149

—
Aug 31, 2006

Pending

CLAW #L20149MR

—
Aug 9, 2006

Sold (Public Record)

Public Record #203089110

$1,239,000—
Aug 7, 2006

Withdrawn / Cancelled

CLAW #L20185MR

—
Aug 7, 2006

Withdrawn / Cancelled

CRMLS #L20185

$1,475,000—
Aug 7, 2006

Pending

CLAW #L20185MR

—
Aug 7, 2006

Pending

CRMLS #L20185

—
May 1, 2006

Listed (Active)

CLAW #L20149MR

$1,475,000—
May 1, 2006

Listed (Active)

CLAW #L20185MR

$1,475,000—
May 1, 2006

Listed (Active)

CRMLS #L20149

$1,475,000—
May 1, 2006

Listed (Active)

CRMLS #L20185

$1,475,000—
DateEvent & SourcePrice
10/10/2017

Sold

CLAW #LG16163033MR

$2,400,000
10/10/2017

Sold

SDMLS #LG16163033

$2,400,000
10/10/2017

Sold

CLAW #LG16147797MR

$2,400,000
10/10/2017

Sold

CRMLS #LG16163033

$2,400,000
10/10/2017

Sold

CRMLS #LG16147797

$2,400,000
09/11/2017

Sold (Public Record)

Public Record #606660605

$2,376,500
09/11/2017

Sold (Public Record)

Public Record #606660605

$2,376,500

+8.3% / yr

09/07/2017

Pending

CRMLS #LG16163033

—
09/07/2017

Pending

CRMLS #LG16147797

—
09/07/2017

Pending

CLAW #LG16163033MR

—
09/07/2017

Pending

CLAW #LG16147797MR

—
07/21/2017

Price Change

CRMLS #LG16163033

$2,499,000
07/21/2017

Price Change

CRMLS #LG16147797

$2,499,000
06/20/2017

Price Change

CRMLS #LG16163033

$2,595,000
06/20/2017

Price Change

CRMLS #LG16147797

$2,595,000
05/08/2017

Price Change

CRMLS #LG16163033

$2,695,000
05/08/2017

Price Change

CRMLS #LG16147797

$2,695,000
02/26/2017

Price Change

CRMLS #LG16163033

$2,795,000
02/26/2017

Price Change

CRMLS #LG16147797

$2,795,000
09/24/2016

Price Change

CRMLS #LG16163033

$2,895,000
09/13/2016

Price Change

CRMLS #LG16147797

$2,895,000
07/07/2016

Price Change

CRMLS #LG16147797

$2,995,000
07/07/2016

Listed (Active)

CRMLS #LG16163033

$2,995,000
07/07/2016

Listed (Active)

CLAW #LG16163033MR

$2,995,000
07/07/2016

Listed (Active)

CLAW #LG16147797MR

$2,895,000
07/07/2016

Listed (Active)

SDMLS #LG16163033

$2,995,000
07/07/2016

Listed (Active)

CRMLS #LG16147797

$2,895,000
10/01/2015

Expired

CRMLS #OC15031054

$2,495,000
10/01/2015

Expired

CRMLS #OC15027415

$2,495,000
09/30/2015

Expired

CLAW #OC15031054MR

—
09/30/2015

Expired

CLAW #OC15027415MR

—
09/06/2015

Withdrawn / Cancelled

CRMLS #OC15031054

—
09/06/2015

Withdrawn / Cancelled

CRMLS #OC15027415

—
09/06/2015

Expired

SDMLS #OC15031054

—
09/05/2015

Listed (Active)

CRMLS #OC15031054

$2,695,000
09/05/2015

Listed (Active)

CRMLS #OC15027415

$2,695,000
09/05/2015

Listed (Active)

CLAW #OC15031054MR

$2,695,000
09/05/2015

Listed (Active)

CLAW #OC15027415MR

$2,695,000
08/21/2015

Hold

CRMLS #OC15031054

—
08/21/2015

Hold

CRMLS #OC15027415

—
08/21/2015

Listed (Active)

CRMLS #OC15031054

—
08/21/2015

Listed (Active)

CRMLS #OC15027415

—
07/31/2015

Hold

CRMLS #OC15031054

—
07/31/2015

Hold

CRMLS #OC15027415

—
07/31/2015

Listed (Active)

CRMLS #OC15027415

—
07/31/2015

Listed (Active)

CRMLS #OC15031054

—
07/10/2015

Hold

CRMLS #OC15027415

—
07/10/2015

Hold

CRMLS #OC15031054

—
06/30/2015

Listed (Active)

CRMLS #OC15031054

—
06/30/2015

Listed (Active)

CRMLS #OC15027415

—
06/28/2015

Pending

CRMLS #OC15027415

—
03/07/2015

Price Change

CRMLS #OC15027415

$2,495,000
02/10/2015

Listed (Active)

SDMLS #OC15031054

$2,695,000
02/09/2015

Listed (Active)

CRMLS #OC15027415

—
10/30/2009

Sold

CRMLS #L28863

$1,262,500
10/30/2009

Sold

CRMLS #L28657

$1,262,500
10/30/2009

Sold

CLAW #L28863MR

$1,262,500
10/30/2009

Sold

CLAW #L28657MR

$1,262,500
09/24/2009

Sold (Public Record)

Public Record #278184437

$1,262,500
09/24/2009

Sold (Public Record)

Public Record #278184437

$1,262,500

+0.6% / yr

09/23/2009

Pending

CLAW #L28863MR

—
09/23/2009

Pending

CLAW #L28657MR

—
09/23/2009

Pending

CRMLS #L28863

—
09/23/2009

Pending

CRMLS #L28657

—
02/20/2009

Listed (Active)

CLAW #L28863MR

$1,495,000
02/20/2009

Listed (Active)

CRMLS #L28863

$1,495,000
02/02/2009

Listed (Active)

CLAW #L28657MR

$1,495,000
02/02/2009

Listed (Active)

CRMLS #L28657

$1,495,000
10/02/2006

Sold

CRMLS #L20149

$1,300,000
10/02/2006

Sold

CLAW #L20149MR

$1,300,000
08/31/2006

Pending

CRMLS #L20149

—
08/31/2006

Pending

CLAW #L20149MR

—
08/09/2006

Sold (Public Record)

Public Record #203089110

$1,239,000
08/07/2006

Withdrawn / Cancelled

CLAW #L20185MR

—
08/07/2006

Withdrawn / Cancelled

CRMLS #L20185

$1,475,000
08/07/2006

Pending

CLAW #L20185MR

—
08/07/2006

Pending

CRMLS #L20185

—
05/01/2006

Listed (Active)

CLAW #L20149MR

$1,475,000
05/01/2006

Listed (Active)

CLAW #L20185MR

$1,475,000
05/01/2006

Listed (Active)

CRMLS #L20149

$1,475,000
05/01/2006

Listed (Active)

CRMLS #L20185

$1,475,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 515 Reed Street

Taxable ValueLand$2,186,321Additions$517,273Total$2,703,594
Tax Record2025$29,294 ($2,441 / month)
Home Facts
Beds1Total Finished SqFt697 SqFtAbove Grade Finished SqFt697 SqFtStories1Lot Size6,001 SqFtStyleSingle Family ResidenceYear Built1926CountyORANGEAPN644-042-02

Schools near 515 Reed Street

This home is within Laguna Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 3
Rating
School
Distance
El Morro Elementary School
PublicK to 5

Thurston Middle School
Public6 to 8

Laguna Beach High School
Public9 to 12

Anneliese School
PrivatePK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Surterre Properties, Marcus Skenderian, DRE #01115339

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.