1585 Catalina, Laguna Beach, California 92651, Laguna Beach, 92651 - bed, bath
ACTIVE$4,150,000
1585 Catalina, Laguna Beach, California 92651
0Bed
0Bath
3,478Sqft
5,632Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Top Cons:
High Entry Price Point: The $4.15 million list price represents a substantial financial commitment, which may limit the pool of potential buyers despite the property's strong value proposition and location.
Compared to the nearby listings
Price:$4.15M vs avg $2.50M (+$1,650,000)94%
Size:3,478 sqft vs avg 1,989 sqft94%
Price/sqft:$1.2K vs avg $1.2K50%
More Insights
Built in 1985 (40 years old).
Condition: The property has undergone significant recent upgrades, including a modern kitchen with granite countertops, new appliances, and wood-look tile flooring, as well as Swedish oak flooring in main living areas and the addition of A/C. The overall condition is well-maintained and move-in ready. However, the bathrooms, particularly one with yellow tiling, are notably dated in style and would require renovation to align with the more modern updates found elsewhere in the home.
Year Built
1985
Close
-
List price
$4.15M
Original List price
$4.15M
Price/Sqft
$1,193
HOA
-
Days on market
-
Sold On
-
MLS number
OC24115373
Home ConditionGood
Features
Good View: Neighborhood, Peek-A-Boo
ViewNeighborhood, Peek-A-Boo
About this home
Don't miss out on arguably the best investment property in Laguna Beach! With completely separate driveways, garages (with separate laundry), entryways, balconies and backyards, this fully side-by-side duplex feels and lives just two single-family homes. Each 3bed/2bath 1740sf (approx) home has a solid, long-term tenant in place, and you have the option of continuing to lease both homes or moving into one by the end of the year. Both units have been fully and thoughtfully upgraded withing the past few years: Granite counters, Swedish oak flooring and new appliances throughout, Vaulted ceilings, A/C, wood-burning fireplaces, front enclosed patios and upstairs deck/balconies. No deferred maintenance anywhere! With a peekaboo OCEAN VIEW and less than a 5-min walk to the sand, this incredible tranquil location is on a prime corner lot and walking distance to the best of what Laguna Beach has to offer!
Nearby schools
9/10
Top Of The World Elementary School
Public,•K-5•1.4mi
9/10
El Morro Elementary School
Public,•K-5•2.9mi
9/10
Thurston Middle School
Public,•6-8•1.3mi
9/10
Laguna Beach High School
Public,•9-12•0.8mi
Condition Rating
Good
The property has undergone significant recent upgrades, including a modern kitchen with granite countertops, new appliances, and wood-look tile flooring, as well as Swedish oak flooring in main living areas and the addition of A/C. The overall condition is well-maintained and move-in ready. However, the bathrooms, particularly one with yellow tiling, are notably dated in style and would require renovation to align with the more modern updates found elsewhere in the home.
Pros & Cons
Pros
Great Schools: Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Exceptional Investment Potential: This duplex offers significant investment value with completely separate units, existing solid, long-term tenants, and the flexibility for continued leasing or owner-occupancy, positioned as a prime income property in Laguna Beach.
Premium Coastal Location: Situated on a prime corner lot in the desirable Woods Cove area, the property boasts an 'incredible tranquil location' less than a 5-minute walk to the sand and within walking distance to Laguna Beach's best amenities.
Extensive Modern Upgrades: Both units have been fully and thoughtfully upgraded within the past few years, featuring high-end finishes such as granite counters, Swedish oak flooring, new appliances, vaulted ceilings, A/C, and wood-burning fireplaces, with no deferred maintenance.
Duplex Functionality & Privacy: Designed to live like two single-family homes, each unit benefits from completely separate driveways, garages (with separate laundry), entryways, balconies, and backyards, offering superior privacy and appeal.
Desirable Features & Views: The property includes a 'peekaboo OCEAN VIEW,' modern A/C, wood-burning fireplaces, and private outdoor spaces like front enclosed patios and upstairs deck/balconies, enhancing its lifestyle appeal.
Cons
High Entry Price Point: The $4.15 million list price represents a substantial financial commitment, which may limit the pool of potential buyers despite the property's strong value proposition and location.
Limited Ocean View: While an ocean view is present, the 'peekaboo' description suggests it is a partial or obstructed view, which might not meet the expectations of buyers seeking a full, panoramic ocean vista in this premium coastal market.
Property Age: Built in 1985, the underlying structure is nearly 40 years old. Although extensively upgraded, some buyers may prefer newer construction or have concerns about the longevity or potential future maintenance of original systems not explicitly replaced.