Est. cap rate

1.1%

Assumed rent, all units

$6,680/mo

Units

2

Price per unit

$1,747,500

Est. annual NOI

$40,080

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

Duplex

Bedrooms

2

Building size

2,883 sqft

Lot size

4,374 sqft

Year built

1962

Stories

2

Garage spaces

0

Heating

Forced Air

Cooling

None

Pool

None

View

Ocean,Catalina,Water,Panoramic

Status

Active

Days on market

190

MLS #

244523945

About this property

This exceptional ocean-view property presents a compelling coastal investment opportunity with multiple income streams and long-term value. Positioned to capture sweeping Pacific views, the main residence offers 3 bedrooms and 3 bathrooms with soaring ceilings, open-concept living and kitchen spaces, a wrap-around deck, and three fireplaces-features that consistently attract high-end tenants and vacation renters. Ocean views from both the living room enhance rental appeal, while abundant natural light and seas breezes create a desirable indoor-outdoor living experience. Recent upgrades support low-maintenance ownership and strong tenant retention, including quartz kitchen countertops, updated bathrooms with modern coastal finishes, and durable materials well-suited for beach living. Extensive storage adds functionality rarely found in coastal properties, featuring a walk-in pantry, cedar-lined closets, a dedicated laundry room, a storage garage large enough for a golf cart, and additional secured storage. Adding significant value, the property includes a separate living quarters with two bedrooms and one and a half bathrooms-ideal for generating supplemental rental income, accommodating extended stays, or offering flexible leasing options. This private space features its own garden raised deck and pergola, enhancing tenant privacy and marketability. An oversized lot with parking for up to seven vehicles provides a major competitive advantage in a high-demand beach location, increasing rental flexibility and overall property value. With ocean views, multiple living spaces, and rare parking capacity, this property stands out as a high-performing asset for investors seeking both immediate income potential and long-term coastal appreciation.

Location

31913 9th

Laguna Beach, Orange, CA, 92651