510 Glenneyre Street

Laguna Beach, CA 92651

$5,495,000
Price
—
Beds
5,038 Sq. Ft.
$1,091 / Sq. Ft.
5,038
Sq. Ft.
$1,091
per Sq. Ft.

Description

Investors and savvy buyers, seize this rare chance to own a remarkable income-producing gem! Nestled in a sought-after location, this meticulously maintained 8-unit property presents an exceptional opportunity to secure your financial future. Situated in the heart of Laguna Beach, this property enjoys convenient access to the beach, shopping centers, and restaurants. Property has a total of 8 units. One unit is two bedroom. six of the units are one bedroom. and one of the units is a studio. Property...Investors and savvy buyers, seize this rare chance to own a remarkable income-producing gem! Nestled in a sought-after location, this meticulously maintained 8-unit property presents an exceptional opportunity to secure your financial future. Situated in the heart of Laguna Beach, this property enjoys convenient access to the beach, shopping centers, and restaurants. Property has a total of 8 units. One unit is two bedroom. six of the units are one bedroom. and one of the units is a studio. Property maintenance is up to date and each unit get remodeled each time a tenant has moved out. Short Term Rental is allowed on one of the units by city of laguna beach. Permit would have to be acquired. Ask for more details
  1. Listed by Vicken Tasmajian • DRE #01950844 • Beverly and Company, Inc.

Property Details for 510 Glenneyre Street

Subdivision Name
Not Applicable
Garage Spaces
.00
View
None

Location

Listing Courtesy of Beverly and Company, Inc., Vicken Tasmajian, DRE #01950844
Add your commute
LISTING UPDATED: 11/08/2023 10:31 AM

Property Details for 510 Glenneyre Street

StatusActive
MLS #P1-14654
Days on Market263
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size0.13 AC / 5,663 SF
CountyOrange County

Location

Listing Courtesy of Beverly and Company, Inc., Vicken Tasmajian, DRE #01950844
Add your commute

Building Information for 510 Glenneyre Street

Stories2Residences-Year Built1953Building Size-Lot Size0.13 AC / 5,663 SF

Payment Calculator

$34,281 per month

30 year fixed, 7.25% Interest

Principal and Interest

$29,988

Property Taxes

$4,293

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 510 Glenneyre Street

Summary
Location and General Information
  • Building Area Total: 5,038.00
  • Community Features: Sidewalks, Street Lights, Watersports
  • City: Laguna Beach
  • Directions: glenneyre st
  • Area: LV - Laguna Village
  • Postal Code Plus4: 2440
  • Unparsed Address: 510 Glenneyre Street, Laguna Beach, CA 92651
Parking
  • Parking Features: Attached Carport
Taxes and HOA Information
  • Association Fee: $.00
  • New Taxes Expense: $73,687.00
  • Professional Management Expense: $12,750.00
  • Tax Other Annual Assessment Amount: $.00
  • Tax Tract: 410
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Lot Features: Sprinklers None
  • Lot Size Acres: .13
  • Lot Size Square Feet: 5,663.00
  • Lot Size Area: 5,663.00
  • Lot Size Units: Square Feet
  • Parcel Number: 64401205
  • Property Type: Residential Income
Property and Assessments
  • Common Walls: 2+ Common Walls
  • Documents Count: 0
  • Property Attached: Yes
  • Year Built Source: Appraiser
  • Senior Community: No
Utilities
  • Cooling: None
  • Cooling: No
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: None
  • Pool Features: None
  • Pool Private: No
  • Spa Features: None
  • Spa: No
  • Stories Total: 2
Interior Features
  • Appliances: None
  • Total Bathrooms: 0
  • Fireplace Features: None
  • Fireplace: No
  • Heating: Wall Furnace
  • Heating: Yes
  • Laundry Features: None
  • Living Area: 5,038.00
  • View: No
  • Levels: Two
Multi Family
Multi-Family Information
  • Gross Scheduled Income: $255,444.00
  • Net Operating Income: $154,798.00
  • Insurance Expense: $5,134.00
  • Maintenance Expense: $5,875.00
  • Number Of Buildings: 1
  • Operating Expense: $100,646.00
  • Special Listing Conditions: Standard
  • Trash Expense: $1,400.00

Property History for 510 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 510 Glenneyre Street

Taxable ValueLand$4,310,586Additions$189,414Total$4,500,000
Tax Record2023$51,511 ($4,293 / month)
Home Facts
Total Finished SqFt5,038 SqFtAbove Grade Finished SqFt5,038 SqFtStories2Lot Size5,685 SqFtStyleMulti-Family Dwelling (2-4)Year Built1953CountyORANGEAPN644-012-05

Schools near 510 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
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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510 Glenneyre Street is a multi-family home for sale in Laguna Beach, CA 92651. This property was listed for sale on August 8, 2023 by Beverly and Company, Inc., it's currently listed at $5,495,000. It has been on the market for a total of 263 days and was last sold on July 15, 2022. This listing's school district is Laguna Beach Unified School District. Nearby schools include El Morro Elementary School, Thurston Middle School and Laguna Beach High School. 510 Glenneyre Street is a 0-bed, 0-bath, 5,038 sqft multi-family home built in 1953.

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 Beverly and Company, Inc., Vicken Tasmajian, DRE #01950844

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.