254 Chiquita Street

Laguna Beach, CA 92651

$2,800,000
Last Sold Price
5
Beds
4
Baths
2,002 Sq. Ft.
$1,399 / Sq. Ft.
2,002
Sq. Ft.
$1,399
per Sq. Ft.

Description

Incredible Value on this Rare R-2, legal 3 Unit Property, super close to beach and has been Fully Renovated and Upgraded while featuring Panoramic North and South Ocean/Coastal views including a Detached Cottage with a Huge Expansive Front Yard Suitable for Entertaining. Property can generate upwards of $20K per month during the seasonal months. Property features 4 exterior parking spaces, 3 of which are accessible off a seldom used alley adorned with vegetation, as well as 3 covered spaces. Property...Incredible Value on this Rare R-2, legal 3 Unit Property, super close to beach and has been Fully Renovated and Upgraded while featuring Panoramic North and South Ocean/Coastal views including a Detached Cottage with a Huge Expansive Front Yard Suitable for Entertaining. Property can generate upwards of $20K per month during the seasonal months. Property features 4 exterior parking spaces, 3 of which are accessible off a seldom used alley adorned with vegetation, as well as 3 covered spaces. Property is an income bonanza and has additional expansion possibilities. Turnkey. Don’t miss this one.

Listing Agent

  1. Tracy Glass

    Tracy Glass

    Listing Agent

    Compass

    DRE #01775708

Property Details for 254 Chiquita Street

Architectural Style
Contemporary, Cottage
View
City Lights, Coastline, Ocean, Panoramic
Parking Spaces Total
8
Private Pool
No
Cooling Type
Other/Remarks
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of Compass, Tracy Glass, DRE #01775708; Compass, Kelly Enciso, DRE #01929996

Sold By David Cooper, Broker, David Cooper, DRE #00804175

Add your commute
LISTING UPDATED: 11/01/2021 02:22 PM

Property Details for 254 Chiquita Street

StatusClosed
MLS #NP21114148
Days on Market90
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential Income
Year Built1940
Lot Size0.10 AC / 4,356 SF
CountyOrange County

Location

Listing Courtesy of Compass, Tracy Glass, DRE #01775708; Compass, Kelly Enciso, DRE #01929996

Sold By David Cooper, Broker, David Cooper, DRE #00804175

Add your commute

Building Information for 254 Chiquita Street

Stories2Residences-Year Built1940Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$15,281 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,281

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 254 Chiquita Street

Rental Info
Rental Info
  • Tenant Pays: Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $144,432
  • Gross Scheduled Income: $147,000
  • Gross Operating Income: $2,568
  • Net Operating Income: $144,432
  • Gross Multiplier: 20.9
  • Financing: Conventional
Expense Details
  • Operating Expense: $214
  • New Taxes Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $150
  • Insurance Expense: $0
  • Trash Expense: $19
  • Water Sewer Expense: $45
  • Total Expenses: $214
Tax / Assessment Info
  • Tax Block: R
  • Tax Tract Number: 481
  • Tax Census Tract: 626.04
  • Tax Lot: 22
Community / Development
Community / Development
  • Accessibility Features: 2+ Access Exits, Parking
  • Disability Access: 2+ Access Exits, Other Main Level Modifications
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Equipment: Dishwasher, Disposal, Microwave, Refrigerator, Gas Range
  • Interior Features: In-Law Floorplan, Balcony, Beamed Ceilings, Ceiling Fan(s), High Ceilings, Living Room Balcony, Open Floorplan, Recessed Lighting, Stone Counters, Tandem, Wood Product Walls
  • Room Type: All Bedrooms Down, All Bedrooms Up
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 5
  • Room Bathroom Features: Bathtub, Shower, Shower in Tub, Soaking Tub
  • Bedroom Features: All Bedrooms Down, All Bedrooms Up
  • Room Kitchen Features: Stone Counters
  • Eating Area: Area
  • Laundry: Yes
  • Laundry Features: Inside
  • Laundry Location: Inside
  • Fireplace Features: Family Room, Living Room, Gas
  • Fireplace Rooms: Family Room, Gas, Living Room
  • Fireplace: FP in Family Room, FP in Living Room, Gas
  • Cooling: See Remarks
  • Heating Type: Central, Forced Air
  • Heating: Central, Forced Air, Fireplace(s)
  • Heat Equipment: Fireplace, Forced Air Unit
  • Floor Coverings: Tile, Wood
  • Flooring: Tile, Wood
Exterior Features
  • Window Features: Custom Covering, Double Pane Windows, ENERGY STAR Qualified Windows, Skylight(s), Tinted Windows
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Rated Drywall, Smoke Detector(s)
  • Security: Fire Rated Drywall, Carbon Monoxide Detectors, Fire/Smoke Detection Sys
  • Roof: Composition
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Foundation Details: Slab
  • Structure Type: Duplex
  • Other Structures: Accessory Dwelling Unit
  • Property Condition: Building Permit, Turnkey, Updated/Remodeled
  • View Description: City Lights, Coastline, Ocean, Panoramic
  • Patio: Yes
  • Patio: Brick, Patio
  • Patio And Porch Features: Brick, Patio
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Landscaped, Near Public Transit, Paved, Sprinklers Drip System
  • Lease Considered: No
  • Number Of Units: 3
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Sprinklers: Yes
  • Levels: One, Multi/Split
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Converted Garage, Direct Entrance, Door Opener, Driveway, Garage - 1 Car, Garage - 2 Car, Shared Driveway
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Non-Garage: Shared Driveway
  • Parking Garage Spaces: 4
  • Parking Garage: Converted, Direct Garage Access, Garage - Single Door, Garage - Two Door, Garage Door Opener
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Converted Garage, Direct Garage Access, Driveway, Concrete, Driveway Level, Garage Faces Rear, Garage - Single Door, Garage - Two Door, Garage Door Opener, Shared Driveway
Property / Structure Info
  • Builders Tract Name: North Laguna
  • Builders Tract Code: North Laguna (NL)
  • Architectural Style: Contemporary, Cottage
  • Residential Styles: Townhome
  • 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: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,000
  • Unit Type Total Rent: $36,000
  • Unit Type Pro Forma: 48000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 66000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 33600
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Refrigerator: 3
  • Number With Patio: 3

Property History for 254 Chiquita Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 254 Chiquita 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
Rating
School
Distance
El Morro Elementary School
PublicK to 5

Thurston Middle School
Public6 to 8

Laguna Beach High School
Public9 to 12

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.

Similar Homes

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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.

Listing Courtesy of Compass, Tracy Glass, DRE #01775708; Compass, Kelly Enciso, DRE #01929996

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.