319 Cypress Drive

Laguna Beach, CA 92651

$3,500,000
Last Sold Price
5
Beds
7
Baths
3,963 Sq. Ft.
$883 / Sq. Ft.
3,963
Sq. Ft.
$883
per Sq. Ft.

Description

First time on the market since 1970 and located in highly sought-after North Laguna Beach, 319 Cypress Dr, is comprised of a 3+2 SFR and 5-unit apartment building. This well-maintained property has a Walk Score of 87 and located right behind URTH CAF. Enjoy a short walk to Downtown Laguna, Main Beach and Heisler Park.First time on the market since 1970 and located in highly sought-after North Laguna Beach, 319 Cypress Dr, is comprised of a 3+2 SFR and 5-unit apartment building. This well-maintained property has a Walk Score of 87 and located right behind URTH CAF. Enjoy a short walk to Downtown Laguna, Main Beach and Heisler Park.
  1. Listed by Jorge Felix • DRE #01327006 • Brokerage DRE #00868409 • CB Richard Ellis, Inc.
  2. Listed by Michael O'Neill II • DRE #02036937 • Brokerage DRE #00868409 • CB Richard Ellis, Inc.

Property Details for 319 Cypress Drive

Parcel Number
49612209
Total Units
6.0
Living Area
3963
Source Living Area
Assessor
Area
North Laguna (NL)
Vacancy Rate
3%
Lot Size Area
6098
Source Lot Size Area
Assessor

Location

Listing Courtesy of CB Richard Ellis, Inc., Jorge Felix, DRE #01327006; CB Richard Ellis, Inc., Michael O'Neill II, DRE #02036937

Sold By Coldwell Banker Realty, William Rolfing, DRE #00706260

Add your commute
LISTING UPDATED: 12/24/2020 11:38 AM

Property Details for 319 Cypress Drive

StatusSold
MLS #19-527316
Days on Market287
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1938
Lot Size0.14 AC / 6,098 SF
CountyOrange County

Location

Listing Courtesy of CB Richard Ellis, Inc., Jorge Felix, DRE #01327006; CB Richard Ellis, Inc., Michael O'Neill II, DRE #02036937

Sold By Coldwell Banker Realty, William Rolfing, DRE #00706260

Add your commute

Building Information for 319 Cypress Drive

Stories3Residences-Year Built1938Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$22,544 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,101

Property Taxes

$3,443

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 319 Cypress Drive

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 3
  • Number Of Buildings: 2
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $164,622
  • Net Operating Income: $103,123.00
  • Gross Income: $164,622
  • Gross Rent Multiplier: $22.45
  • Total Annual Expense: 56691
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 6098
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 6
  • Parking Features: Assigned
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Other
  • Equipment: Other
  • Laundry: Community
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-05-2019
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,120.00
  • Unit Actual Rent: $4,120.00
  • Unit Projected Rent: $4,300.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,950.00
  • Unit Actual Rent: $1,950.00
  • Unit Projected Rent: $2,175.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,095.00
  • Unit Actual Rent: $2,095.00
  • Unit Projected Rent: $2,450.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,300.00
  • Unit Actual Rent: $2,300.00
  • Unit Projected Rent: $2,450.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,395.00
  • Unit Actual Rent: $1,395.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,495.00
  • Unit Actual Rent: $1,495.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $65,078.00
  • Assessed Land Value: $84,461.00

Property History for 319 Cypress Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 319 Cypress Drive

Taxable ValueLand$3,490,542Additions$150,858Total$3,641,400
Tax Record2023$41,317 ($3,443 / month)
Home Facts
Total Finished SqFt3,826 SqFtAbove Grade Finished SqFt3,826 SqFtStories2Lot Size5,996 SqFtStyleQuadraplexYear Built1951CountyORANGEAPN496-122-09

Schools near 319 Cypress Drive

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
El Morro 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.

Similar Homes

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Similar Sold 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 CB Richard Ellis, Inc., Jorge Felix, DRE #01327006; CB Richard Ellis, Inc., Michael O'Neill II, DRE #02036937

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.