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Listing 2 out of 294
$2,100,000 For Sale

31913 9th Avenue
Laguna Beach, CA 92651

2 units | Multi Family Home
4373 sq ft - MLS# LG19031547
Property Photo
1/22

Description

Fantastic opportunity to own a duplex in picturesque South Laguna within steps from the famous Thousand Steps Beach. This unique property features two spacious & upgraded units with ample parking. The larger unit is 3 bedrooms (downstairs bedroom being used as an office), 3 baths with wrap around ocean view deck. Custom woodwork throughout with teak & rare zebrawood. Head upstairs into the living/dining room with fireplace, large picture windows looking out to the ocean & french doors opening onto the wrap around deck. Long central kitchen leads to the sunny family room surrounded by ocean view windows & more deck space. Master bedroom has a custom designed bathroom with skylight, soaking tub & travertine surround. Second upstairs bedroom & bath are on the opposite end of the house with a possible private entrance to this wing. Spacious lower unit is 2 bedrooms, 1.5 baths recently renovated with new wood look tile throughout, beautifully upgraded bathrooms, brand new stainless range & refrigerator in the kitchen. Also featuring it's own laundry with stackable washer & dryer, a private low maintenance yard & covered patio/deck area with shed. Carport & uncovered parking for up to 6/7 cars plus extra storage room. Truly a one of a kind property!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 92651
  • Year Built: 1962
  • Subdivision/Neighborhood: South Laguna Village (Slv)
  • Stories: Two
  • Units: 2 units
  • # of Parking Spaces: 7.00
  • Fireplace: Family Room, Yes
  • Lot Size: 4373 sq ft
  • Accessibility: Parking
  • View: Ocean, Yes
  • Area: SL - South Laguna
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 2883.00
  • Building Area Units: Square Feet
  • Cap Rate: 2.98
  • Carport Spaces: 3.00
  • Co-Listing Agent License: 01919659
  • Co-Listing Office License: 01938287
  • Community Features: Curbs
  • Country: US
  • Directions: Cross Streets: PCH
  • Door Features: French Doors
  • Flooring: Wood
  • Garage Spaces: 1.00
  • Gardener Expense: 1760.00
  • Gross Income: 7300.00
  • Gross Scheduled Income: 87600.00
  • Heating: Forced Air
  • Heating YN: Yes
  • Inclusions: 2 refrigerators, stackable washer & dryer, other washer & dryer, shed and BBQ
  • Insurance Expense: 1860.00
  • Interior Features: Ceiling Fan, High Ceilings (9 Feet+)
  • Laundry Features: Dryer Included, Individual Room, Inside, See Remarks, Stackable, Washer Included
  • Laundry YN: Yes
  • Listing Agent License: 01325516
  • Listing Office License: 01938287
  • Lot Features: Back Yard, Level with Street, Lot-Level/Flat, Paved
  • Lot Size Area: 4375.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Maintenance Expense: 2251.00
  • Net Operating Income: 68566.00
  • New Taxes Expense: 13564.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Wall AC: 1
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 25121.00
  • Parking Features: Carport, Carport Attached, Covered Parking, Driveway, Garage, Oversized, Uncovered
  • Parking YN: Yes
  • Pest Control Expense: 200.00
  • Roof: Composition
  • Room Type: Family Room, Galley Kitchen, Great Room, Jack & Jill, Living Room, Loft, Master Bedroom, Office, Separate Family Room, Two Masters
  • Sewer: Sewer Paid
  • Stories Total: 2
  • Total Actual Rent: 6850.00
  • Total Expenses: 25121.00
  • Uncovered Spaces: 3.00
  • Utilities: Sewer Connected
  • Water Sewer Expense: 230.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Re/Max Evolution, Nicola Willhoit

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