Est. cap rate

1.0%

Assumed rent, all units

$10,020/mo

Units

3

Price per unit

$2,033,333

Est. annual NOI

$60,120

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

3

Building size

5,660 sqft

Lot size

12,197 sqft

Year built

1941

Stories

3

Garage spaces

2

Style

Cape Cod

Heating

Central

Cooling

Central Air

Pool

Private,Lap,Heated

View

Catalina,City Lights,Panoramic

Status

Active

Days on market

109

MLS #

242611791

About this property

Rarely does an opportunity of this scale arise in the Village. Nestled on a sprawling quarter-acre on historic Cuprien Way, this one of a kind gated compound offers a rare blend of privacy and flexibility of a lucrative income property or multigenerational retreat. Situated just blocks from the iconic Thalia Street beach, shops and restaurants this estate is a masterclass in coastal elegance. Featuring a private main residence with view decks and an outside living room, a private cabana close to the pool and in ground spa, plus two seperate one-bedroom units and an additional guest quarters; this showplace offers unmatched flexibility. This gem is ideal for an owner occupant seeking rental income, with a home-office setup or an extended family retreat. This trophy property is a timeless investment in the Laguna Beach lifestyle.

Location

616 Cuprien Way

Laguna Beach, Orange, CA, 92651