This Multifamily Property is no longer advertised on LoopNet.com.

496 Cypress Dr
Laguna Beach, CA 92651
Multifamily Property For Sale · 2 Units

Investment Highlights

  • Ocean Views
  • One Block From Beach
  • Duplex
  • Wrap Around Deck
  • 8 parking Spaces

Property Facts

No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.10 AC
Building Size 1,874 SF
No. Stories 2
Year Built 1978
Parking Ratio 4.27/1,000 SF

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Fireplace
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • Vaulted Ceiling
  • Refrigerator
  • Oven
  • Range
  • Views
  • Walk-In Closets
  • Yard
  • Deck
  • Garden
  • Lawn
  • Patio

About 496 CYPRESS DR , LAGUNA BEACH, CA 92651

Welcome, Home! This highly desirable property designed by Thomas W. McCorkell of Laguna Surf & Sand Resort sits on the high point of a corner lot giving breathtaking views from both units’ entrances as well as the decks, just a block away from PCH. Each unit features 2 bedrooms, 2 full baths and 2 oversized car garages with 4 additional driveway parking spaces and separate laundry areas The units have a reverse floor plan with 14 feet high ceilings and remodeled gourmet kitchens. Both units have a Bedroom and Full Bath with direct garage access on the main floor and Master Bedroom, Living Room, another full Bath and Kitchen on the second level. Each Unit has its own Electric and Gas meters. This North Beach Duplex is walking distance to Main Beach and Downtown. Surrounded by incredible shopping and dining, Laguna Beach is Home of the Pageant of the Masters, Sawdust Festival and countless Art Galleries. Do not miss this opportunity to own 496, 498 Cypress Drive, a gem in the heart of Laguna Beach. A buyer can sign a new lease for the unit where the owners currently occupy and continue with the long term steady current renter on the other unit or occupy both units when the long term contract expires.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 2 $4,850 937

Property Taxes

Property Taxes

Parcel Number
496-031-10
Land Assessment
$3,536,434
Improvements Assessment
$156,986
Total Assessment
$3,693,420
  • Listing ID: 19067591

  • Date on Market: 3/31/2020

  • Last Updated:

  • Address: 496 Cypress Dr, Laguna Beach, CA 92651

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