Est. cap rate

1.2%

Assumed rent, all units

$10,020/mo

Units

3

Price per unit

$1,665,000

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

5

Bathrooms

5

Building size

2,323 sqft

Lot size

6,734 sqft

Year built

1921

Stories

1

Garage spaces

0

Style

Cottage

Heating

Central

Cooling

Zoned

Pool

None

View

Neighborhood

Status

Active

Days on market

69

MLS #

245773889

About this property

Nestled in the heart of Laguna Village, this private gated compound is a rare opportunity where the charm and character of the 1920s meet an elevated modern aesthetic. Originally built in 1921 and thoughtfully reimagined, the property features three fully remodeled, individual residences totaling five bedrooms and five baths, each with its own kitchen and thoughtfully curated finishes throughout—creating an incredibly versatile setting for family, friends, guests or extended stays. The original Craftsman cottage retains the warmth and soul of its era with a covered front porch, vaulted ceilings, exposed beams and original architectural details, complemented by engineered wood flooring, a beautifully updated kitchen with Calacatta quartz countertops and custom cabinetry, and thoughtfully finished baths. Two additional detached cottages offer their own distinct living spaces and a sense of privacy and independence rarely found in the Village. Equally impressive is the expansive outdoor space, where lush landscaping, string lights and bamboo fencing create a private retreat designed for entertaining and quintessential Laguna living. A jacuzzi, outdoor fireplace, fire pit, built-in barbecue, covered patio, and outdoor shower create multiple spaces to gather, unwind and enjoy the coastal lifestyle. Just steps from the beach and some of Laguna’s best restaurants, shops and galleries, this property offers a unique combination of historic character, modern luxury and exceptional versatility in one of the Village’s most desirable locations.

Location

469 Oak

Laguna Beach, Orange, CA, 92651