368 Oak Street

Laguna Beach, CA 92651

$3,190,000
Price
4
Beds
3
Baths
2,000 Sq. Ft.
$1,595 / Sq. Ft.
2,000
Sq. Ft.
$1,595
per Sq. Ft.

Description

Introducing a charming and spacious triplex located on Oak Street in the highly sought-after Laguna Beach community. This beautiful property is situated just a short distance from the beach and offers views of the ocean and the Laguna Beach lifestyle right outside your door. Each of the three units in this triplex has been meticulously maintained and updated, offering a comfortable and stylish living space for residents. The first unit is a spacious 2-bedroom, 1-bathroom house that features an open,...Introducing a charming and spacious triplex located on Oak Street in the highly sought-after Laguna Beach community. This beautiful property is situated just a short distance from the beach and offers views of the ocean and the Laguna Beach lifestyle right outside your door. Each of the three units in this triplex has been meticulously maintained and updated, offering a comfortable and stylish living space for residents. The first unit is a spacious 2-bedroom, 1-bathroom house that features an open, yet cozy cottage floor plan and beautiful hardwood floors. The kitchen is fully equipped with stainless steel appliances and modern finishes, complete with a private yard perfect for those who love to cook and entertain. The upper second unit is a 1-bedroom, 1-bathroom unit that has been recently renovated with high-end finishes, including hardwood floors and fresh paint. The unit boasts a comfortable living area with high ceilings, plenty of natural light, views of the ocean and a kitchen with modern appliances. The lower third unit is a charming 1-bedroom, 1-bathroom apartment with an equipped kitchen and a comfortable living space that opens out to a shared yard with a large deck that enjoys plenty of sunshine. The property offers shared laundry facilities and outdoor spaces for all tenants to enjoy and entertain. This triplex on Oak Street in Laguna Beach is a perfect investment opportunity for those looking for a beautiful and spacious property in a highly sought-after location near restaurants, coffee shops and world-class beaches. Whether you're an investor looking for a profitable rental property or a homeowner looking for a multi-generational living space, this triplex is sure to impress. Don't miss out on this rare opportunity to own a piece of paradise in Laguna Beach.
  1. Listed by Richard Dewey • DRE #01988199 • Brokerage DRE #01767484 • Pacific Sotheby’s International Realty • 949-355-3223

Property Details for 368 Oak Street

View
Ocean
Parking Spaces Total
5
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2000

Location

Listing Courtesy of Pacific Sotheby’s International Realty, Richard Dewey, DRE #01988199
Add your commute
LISTING UPDATED: 03/24/2024 10:34 AM

Property Details for 368 Oak Street

StatusActive
MLS #LG23190537
Days on Market201
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
CountyOrange County

Location

Listing Courtesy of Pacific Sotheby’s International Realty, Richard Dewey, DRE #01988199
Add your commute

Building Information for 368 Oak Street

Building/Complex368 Oak StFloor-Stories2Residences-Pet Policy-Year Built1923Building Size-

Payment Calculator

$19,760 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,409

Property Taxes

$2,351

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 368 Oak Street

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $134,000
  • Gross Scheduled Income: $134,000
  • Net Operating Income: $89,350
Expense Details
  • Operating Expense: $44,650
  • Fuel Expense: $2,400
  • Electric Expense: $0
  • Insurance Expense: $2,500
  • Trash Expense: $0
  • Water Sewer Expense: $3,000
  • Total Expenses: $44,650
Tax / Assessment Info
  • Tax Block: B
  • Tax Tract Number: 415
  • Tax Census Tract: 626.19
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 11
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking, Curbs, Urban
Property / Structure Info
Interior Features
  • Equipment: Dryer, Washer
  • Room Type: Entry, Family Room, Galley Kitchen, Jack & Jill, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Bedroom Features: Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: None
  • Floor Coverings: Wood
  • Flooring: Wood
Exterior Features
  • Entry Location: 1
  • Structure Type: Triplex
  • Miscellaneous: Urban
  • View Description: Ocean
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Corner Lot
  • Lease Considered: Yes
  • Number Of Units: 3
  • Available For Lease: Yes
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One, Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Parking Garage: None
  • Uncovered Spaces: 5
  • Open Other Spaces Total: 5
  • Parking Garage Spaces: 0
  • Parking Garage: None Known
  • Carport Spaces: 0
  • Parking Features: None
Property / Structure Info
  • Builders Tract Name: The Village
  • Builders Tract Code: The Village (VIL)
  • Residential Styles: All Other Attached
  • Residential Unit Location: 1 common wall
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $4,167
  • Unit Type Total Rent: $4,167
  • Unit Type Pro Forma: 5400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,500
  • Unit Type Total Rent: $3,500
  • Unit Type Pro Forma: 4300
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,500
  • Unit Type Total Rent: $3,500
  • Unit Type Pro Forma: 3900
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 368 Oak 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 368 Oak Street

Taxable ValueLand$2,438,512Additions$60,488Total$2,499,000
Tax Record2023$28,213 ($2,351 / month)
Home Facts
Beds2Total Finished SqFt741 SqFtAbove Grade Finished SqFt741 SqFtStories2Lot Size4,621 SqFtStyleSingle Family ResidenceYear Built1936CountyORANGEAPN644-082-08

Schools near 368 Oak 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.

Similar Homes

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368 Oak Street is a multi-family home for sale in Laguna Beach, CA 92651. This property was listed for sale on October 11, 2023 by Pacific Sotheby’s International Realty, it's currently listed at $3,190,000. It has been on the market for a total of 201 days and was last sold on February 17, 2022. This listing's school district is Laguna Beach Unified School District. Nearby schools include Top Of The World Elementary School, Thurston Middle School and Laguna Beach High School. 368 Oak Street is a 4-bed, 3-bath, 2,000 sqft multi-family home built in 1923.

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 Pacific Sotheby’s International Realty, Richard Dewey, DRE #01988199

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.