1566 Glenneyre Street

Laguna Beach, CA 92651

$2,200,000
Last Sold Price
6
Beds
3
Baths
2,350 Sq. Ft.
$936 / Sq. Ft.
2,350
Sq. Ft.
$936
per Sq. Ft.

Description

Stress-free rental income steps from the sand! This turnkey triplex is located in the village of Laguna Beach and showcases a gorgeous designer renovation. Just steps from famous Woods Cove and Bluebird Canyon Beaches, the property is convenient to Laguna Beach's HIP District, full of world-class restaurants, coffee shops, fabulous shopping and everything Laguna Beach has to offer. Property was renovated in 2017 down to the studs! All units are two-bedroom, one-bath configurations with stunning kitchens...Stress-free rental income steps from the sand! This turnkey triplex is located in the village of Laguna Beach and showcases a gorgeous designer renovation. Just steps from famous Woods Cove and Bluebird Canyon Beaches, the property is convenient to Laguna Beach's HIP District, full of world-class restaurants, coffee shops, fabulous shopping and everything Laguna Beach has to offer. Property was renovated in 2017 down to the studs! All units are two-bedroom, one-bath configurations with stunning kitchens containing soft-close cabinetry, gas stoves, deep sinks, 'quiet' dishwashers, and a variety of built-in storage solutions. Units feature all new windows with custom blinds, recessed lighting, ceiling fans, large mirrored closets, heating units, and water heaters. Two units feature ocean views while two units feature fireplaces and private outdoor space. Western exposure provides an abundance of natural light throughout the units as well as breathtaking sunsets. Each unit features two parking spaces, one of which is covered. Storage is abundant with storage above the covered parking space, in addition to a private storage locker, and surfboard storage. Laundry facility is equally gorgeous and features high efficiency, smart washers and dryers. This prime location and turnkey property provides an outstanding showpiece for any investor's portfolio.

Property Details for 1566 Glenneyre Street

Architectural Style
Contemporary, Mid Century Modern
View
Hills, Ocean, Trees/Woods
Parking Spaces Total
6
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of Compass, Shane Thornton, DRE #02091957

Sold By Douglas Elliman of California, Inc., Hannah DelPonte Vollera, DRE #01479408

Add your commute
LISTING UPDATED: 06/10/2020 09:51 AM

Property Details for 1566 Glenneyre Street

StatusClosed
MLS #LG19273967
Days on Market127
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
CountyOrange County

Location

Listing Courtesy of Compass, Shane Thornton, DRE #02091957

Sold By Douglas Elliman of California, Inc., Hannah DelPonte Vollera, DRE #01479408

Add your commute

Building Information for 1566 Glenneyre Street

Building/Complex1566 Glenneyre StFloor-Stories2Residences-Pet Policy-Year Built1961Building Size-

Payment Calculator

$14,201 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,006

Property Taxes

$2,195

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1566 Glenneyre Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $117,540
  • Gross Scheduled Income: $117,540
  • Gross Operating Income: $117,540
  • Net Operating Income: $90,315
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Laundry Income: $0
  • Cap Rate: 3.85
  • Financing: Conventional
Expense Details
  • Operating Expense: $27,225
  • New Taxes Expense: $20,408
  • Gardener Expense: $1,800
  • Fuel Expense: $0
  • Electric Expense: $480
  • Insurance Expense: $2,630
  • Maintenance Expense: $1,500
  • Trash Expense: $0
  • Water Sewer Expense: $840
  • Total Expenses: $27,225
Tax / Assessment Info
  • Tax Area: 05003
  • Tax Block: 35
  • Tax Tract Number: 23
  • Tax Census Tract: 626.19
  • Tax Lot: 7
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking, Dog Park, Hiking, Park, Preserve/Public Land, Ravine, Storm Drains, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Gas Range
  • Interior Features: Ceiling Fan(s), Corian Counters, Open Floorplan, Recessed Lighting, Storage, Unfurnished
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Bedroom Features: Main Floor Bedroom, Main Floor Master Bedroom
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Community, Dryer Included, Gas Dryer Hookup, In Carport, Individual Room, Washer Hookup, Washer Included
  • Laundry Location: Community, In Carport, Laundry Room
  • Laundry Utilities: Gas, Washer Hookup
  • Laundry Equipment Own Lease: Own
  • Fireplace Features: Living Room, Gas
  • Fireplace Rooms: Gas, Living Room
  • Fireplace: FP in Living Room, Gas
  • Cooling: None
  • Heating: Wall Furnace
  • Heat Equipment: Wall/Gravity
  • Floor Coverings: Laminate, Wood
  • Flooring: Laminate, Wood
Exterior Features
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Window Features: Blinds, Double Pane Windows, Screens
  • Security Features: Carbon Monoxide Detector(s), Fire Rated Drywall, Smoke Detector(s)
  • Security: Carbon Monoxide Detectors, Fire Rated Drywall
  • Construction Materials: Concrete, Drywall Walls, Frame, Stucco
  • Exterior Construction: Concrete, Frame, Stucco
  • Exterior: Stucco
  • Exterior Features: Lighting
  • Roof: Flat
  • Fence: Yes
  • Fence: Wood
  • Fencing: Good Condition, Wood
  • Foundation Details: Concrete Perimeter
  • Structure Type: Triplex
  • Other Structures: Storage
  • Property Condition: Turnkey
  • Miscellaneous: Preserve/Public Land, Ravine, Storm Drains, Suburban
  • View Description: Hills, Ocean, Trees/Woods
  • Waterfront Features: Ocean Side of Freeway
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Green Info
  • Walk Score: 74
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: 0-1 Unit/Acre, Gentle Sloping, Near Public Transit, Park Nearby, Yard
  • Lot Location: Preserve/Public Land, Ravine, Near Public Transit, Park Nearby
  • Lease Considered: No
  • Direction Faces: West
  • Number Of Units: 3
  • Improvements Amount: $74,198.00
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Land Value: $1,710,802.00
  • Road Surface Type: Maintained, Paved
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned, Carport, Driveway, Parking Space, Private, Uncovered
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Non-Garage: Carport, Uncovered, Driveway, Off Street, On Site, Parking Space, Private
  • Parking Garage Spaces: 0
  • Parking Garage: Assigned
  • Carport Spaces: 3
  • Parking Features: Assigned, Carport, Attached Carport, Covered, Driveway, Asphalt, Paved, Driveway Level, Off Street, On Site, Parking Space, Private, Uncovered
Property / Structure Info
  • Builders Tract Name: Woods Cove (WC)
  • Builders Tract Code: Woods Cove (WC)
  • Architectural Style: Contemporary
  • Residential Styles: All Other Attached
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,500
  • Unit Type Total Rent: $3,500
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,300
  • Unit Type Total Rent: $3,300
  • Unit Type Pro Forma: 3300
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,995
  • Unit Type Total Rent: $2,995
  • Unit Type Pro Forma: 2995
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Number With Carpet: 0
  • Number With Disposal: 3
  • Number With Drapes: 0
  • Number With Patio: 2

Property History for 1566 Glenneyre Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1566 Glenneyre Street

Taxable ValueLand$2,233,754Additions$78,837Total$2,312,591
Tax Record2023$26,336 ($2,195 / month)
Home Facts
Total Finished SqFt2,350 SqFtAbove Grade Finished SqFt2,350 SqFtStories2Lot Size8,000 SqFtStyleTriplexYear Built1961CountyORANGEAPN644-221-08

Schools near 1566 Glenneyre 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 - K to 3
Rating
School
Distance
Top Of The World Elementary School
PublicK to 5

Thurston Middle School
Public6 to 8

Laguna Beach High School
Public9 to 12

LEA Stone
PrivateK 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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Compass, Shane Thornton, DRE #02091957

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.