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Listing 18 out of 294
$2,595,000 For Sale

1566 Glenneyre Street
Laguna Beach, CA 92651

3 units | Multi Family Home
7841 sq ft - MLS# LG19024589
Property Photo
1/25

Description

This completely remodeled Triplex is in the Heart of the Village of Laguna Beach close to the Surf and Sand Hotel and just one block from your "toes in the sand" & pristine beaches, fine dining and shopping. The City shuttle service stop is a block away, taking you to the heart of downtown, Festival of Arts, Sawdust Festival and Pageant of the Masters and Main Beach in minutes. On the inside, each unit has been remodeled in all aspects. Individually featuring a custom bright white beach cottage feel with white cabinets, quartz counter tops, neutral wood laminate floors, custom blinds, all new stainless steel appliances including refrigerators, gas fireplace, new water heaters and wall heating units. There is lots of counterspace, islands in the kitchens, new windows and doors & recessed lighting. The bedrooms are accented by mirrored wardrobes, the baths have custom subway tile, designer fixtures & custom lighting. Two units have decks or balconies with peak-a-boo ocean views. The Western exposure offers sunsets and afternoon natural light. Unit A features a private deck with access to the rear yard and private garden area. All three units have an assigned carport parking space and an assigned extra parking space. There is storage for each in the carport area & individually assigned storage cabinets. The community laundry room is high tech with two "smart feature"washers & dryers. Prime location, turnkey condition and a great investment opportunity.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 92651
  • Year Built: 1961
  • Subdivision/Neighborhood: Lower Bluebird (Lb)
  • Style: Contemporary,Mid Century Modern
  • Stories: Two
  • Units: 3 units
  • # of Parking Spaces: 9.00
  • Fireplace: Living Room,Electric,Gas, Yes
  • Lot Size: 7841 sq ft
  • View: Canyon,Ocean, Yes
  • Waterfront: Ocean Side of Freeway
  • Area: LV - Laguna Village
  • Appliances: Dishwasher, Electric Stove, Garbage Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater Unit
  • Appliances YN: Yes
  • Average 2 Bed Area: 853
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 2350.00
  • Building Area Units: Square Feet
  • Cap Rate: 4.36
  • Carport Spaces: 3.00
  • Co-Listing Agent License: 02022705
  • Co-Listing Office License: 01317331
  • Community Features: Ravine, Storm Drains, Street Lighting
  • Construction Materials: Concrete, Drywall Walls, Frame, Stucco
  • Country: US
  • Direction Faces: South
  • Directions: Pacific Coast Highway to Bluebird Canyon, left on Glenneyre, right into long shared driveway
  • Door Features: Mirrored Closet Doors, Sliding Glass Door(s)
  • Electric: Electricity - On Property, Standard
  • Electric Expense: 492.00
  • Fence YN: Yes
  • Fencing: Good Condition, Wood
  • Flooring: Wood
  • Foundation Details: Concrete Perimeter
  • Gardener Expense: 1800.00
  • Gross Income: 119940.00
  • Gross Operating Income: 119940.00
  • Gross Scheduled Income: 119940.00
  • Gross Spendable Income: 119940.00
  • Heating: Wall Heater, Natural Gas
  • Heating YN: Yes
  • Improvements Amount: 89285
  • Insurance Expense: 2630.00
  • Interior Features: Balcony, Living Room Balcony, Living Room Deck Attached, Recessed Lighting, Stone Counters, Storage Space, Unfurnished
  • Land Value: 1101200
  • Laundry Equipment Own Lease: Lease
  • Laundry Features: Community, Dryer Included, Individual Room, Inside, Washer Included
  • Laundry YN: Yes
  • Listing Agent License: 00796807
  • Listing Office License: 01317331
  • Lot Features: 2-5 Units/Acre, Back Yard, Gentle Slope, Landscaped, Lot 6500-9999, Near Public Transit, Park Nearby, Paved, Yard
  • Lot Size Area: 7841.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 113242.00
  • New Taxes Expense: 26000.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 2
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 6698.00
  • Other Structures: Storage
  • Parking Features: Assigned, Carport, Carport Attached, Covered Parking, Driveway - Asphalt, Guest
  • Parking YN: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Roof: Flat
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Security Features: Carbon Monoxide Detector(s), Fire Rated Drywall, Smoke Detector
  • Sewer: Public Sewer
  • Stories Total: 2
  • Total Expenses: 32698.00
  • Uncovered Spaces: 6.00
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Sewer Expense: 1776.00
  • Water Source: Public
  • Window Features: Blinds, Screens
  • Year Built Source: Assessor
Courtesy of Berkshire Hathaway Homeservices, Jeffrey Loge

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