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Listed by Jill Witte • Berkshire Hathaway HomeServices California Properties
$ 5,695,000
Est. payment /mo
New
437 Cypress Laguna Beach, CA 92651
9 Beds
9 Baths
4,776 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,776 sqft
Price per Sqft $1,192
MLS Listing ID CRLG26015787
Style Cottage,Cape Cod
Bedrooms 9
Full Baths 9
Year Built 1956
Lot Size 5,910 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Located in highly desirable North Laguna Beach, 437 Cypress Drive is a well-positioned coastal multifamily investment property comprising five rentable units in one of Southern California's most supply-constrained rental markets. The property is situated on an approximately 5,900 sq ft R3-zoned lot and benefits from a strong rental history and close proximity to beaches, downtown Laguna Beach, dining, shopping, and cultural attractions. The asset features a diverse and flexible unit mix, including two larger three-bedroom residences suitable for owner-occupancy or premium rentals, along with three well-located one-bedroom units that appeal to long-term tenant demand. Property amenities include private outdoor spaces, garage parking, in-unit and/or on-site laundry, community storage, and shared outdoor gathering and barbecue areas. Two units have ocean view. With classic cottage architecture, efficient floor plans, and a walkable coastal location near Heisler Park and Main Beach, this five-unit property offers durable leasing demand and long-term value. The property has been well maintained by long-term ownership and presents an attractive opportunity for an owner-user investor or long-term hold, providing stable income, tax advantages, and ongoing equity growth.
Location
State CA
County Orange
Area Nl - North Laguna
Rooms
Kitchen Dishwasher, Oven Range - Gas, Refrigerator
Interior
Cooling None
Fireplaces Type Wood Burning
Laundry Other, Community Facility
Exterior
Parking Features Garage, Other
Garage Spaces 2.0
Pool None
View Ocean
Building
Water District - Public
Architectural Style Cottage, Cape Cod
Others
Tax ID 49612108
Special Listing Condition Not Applicable
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