
Laguna Beach, California 92651
This detached duplex represents a Strong Value Opportunity, listed at $3,825,000—positioned well below the $4,127,442 Fair Market Value by 7%. This valuation gap offers $302,442 in Instant Equity. Featuring a Mint Condition Rating, the property includes panoramic ocean views, a private spa, and EV-ready garages. With two separately metered units and high-end coastal finishes, this is a premier asset for Buy-and-Hold Investors or Owner-Occupants seeking immediate rental income in a prestigious North Laguna location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 264 266 San Joaquin Street Subject 0 bd · 0 ba · 2,300 sqft · $1,795 | $3,825,000* List Price | 0 | 0 | 2,300 | $1,795 | - |
A 166 Fairview Sold 5 bd · 5 ba · 2,595 sqft · $1,773 · 0.3 mi | $4,600,000 | 5 | 5 | 2,595 | $1,773 | 0.3 mi |
B 166 Fairview Sold 0 bd · 0 ba · 2,595 sqft · $1,773 · 0.3 mi | $4,600,000 | 0 | 0 | 2,595 | $1,773 | 0.3 mi |
C 284 Chiquita Sold 4 bd · 4 ba · 1,724 sqft · $1,856 · 0.2 mi | $3,200,000 | 4 | 4 | 1,724 | $1,856 | 0.2 mi |
D 272 Beverly Active 4 bd · 3 ba · 1,999 sqft · $1,398 · 0.4 mi | $2,795,000 List Price | 4 | 3 | 1,999 | $1,398 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016 and recently remodeled, this property is in mint condition with high-end coastal modern finishes like French oak flooring, quartz countertops, and Carrera marble. Systems are updated with a newer HVAC, new ductwork, updated plumbing, and EV charging, meeting the criteria for a turn-key home requiring no maintenance.
Situated in the prestigious North Laguna area, the property offers breathtaking panoramic views of the Pacific Ocean, Catalina Island, and Crescent Bay, providing significant long-term value and lifestyle appeal.
This detached duplex features two separately metered residences with modern coastal finishes and immediate rental income of $7,000 per month for the front unit, making it an ideal asset for investors or owner-users.
The property boasts high-end upgrades including a newer HVAC system, EV-ready garage, French oak flooring, and private outdoor living spaces with a spa, ensuring low immediate maintenance costs for the buyer.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4400, other record lot size in square feet = 4304.
With a list price of $3.825 million, the property represents a significant capital investment that may result in a lower capitalization rate compared to other residential income opportunities outside of luxury coastal enclaves.
The 4,400-square-foot lot is relatively small for two detached residences and three garages, which limits private yard space and may feel constrained for buyers seeking more expansive grounds.
Exceptional investment opportunity in highly sought-after North Laguna, just moments from Crescent Bay and Emerald Bay. This beautifully remodeled detached duplex offers panoramic ocean, Catalina, Crescent Bay, and city-light views, with two separately metered residences and three single-car garages. The front 3-bedroom, 3-bathroom unit is currently rented at $7,000 per month, providing immediate rental income and making this an incredible opportunity for an investor or owner-user looking to live in one unit and rent the other. Both residences have been thoughtfully updated with a coastal modern design, featuring French oak hardwood floors, quartz countertops, Carrera marble backsplashes, stainless steel appliances, central heating and air conditioning, in-unit stackable washers and dryers, and newly installed windows. Recent improvements also include a newer HVAC system with new ductwork, updated plumbing components and fixtures, and upgraded garage door openers and motors for all three garages. One garage is equipped with 240V power to accommodate EV charging. Each residence enjoys stunning ocean views of Crescent Bay and private outdoor space ideal for taking in the coastal setting. Additional lower-level bonus/storage areas offer valuable extra space, and an outdoor shower and newer spa further complement the Southern California beach lifestyle. Ideally located within walking distance to Crescent Bay Beach and park and just minutes from Downtown Laguna Beach's renowned restaurants, galleries, boutiques, and entertainment. A rare opportunity to own a versatile, income-producing coastal property in one of Laguna Beach's most desirable neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.8 |
| Baths | 0.0 | 3.5 |
| Square foot | 2,300 | 1,840 |
| Lot Size | 4,400 | 5,677.545 |
| Price | $3.83M | $2.85M |
| Price per sq ft | $1.7K | $1.5K |
| Built year | 2016 | 1943 |
| HOA | $0 | $0 |
| Days on market | 13 | 91 |
Oct 12, 2026
$3,825,000
Initial Listing
Jul 25, 2013
$1,050,000
Public Record