366 Y Place, Laguna Beach, California 92651, Laguna Beach, 92651 - 0 bed, 0 bath
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366 Y Place
Laguna Beach, California 92651
ACTIVE UNDER CONTRACT
CONDITION: GOOD
0Beds
0Baths
2,537Sq Ft
4,356Lot Size
Property Price
LIST PRICE$2,499,000
SUMMARY
Prime Location! 366 Y Place, Laguna Beach is a fully leased out four-unit property located in the Village of Laguna Beach. Ocean views from upstairs balcony. Just a short stroll to the beach, stores, restaurants, banks, transportation, and art festivals. Units are occupied with good, stable, long-term tenants who have been there for years. Currently on month-to-month. Ample parking with garage and driveway Coin-operated washer and dryer in garage generates additional income. Units have been remodeled with quartz countertops, laminate flooring, stainless steel appliances, refrigerators, and tiled bathroom showers.The property has separate gas and electric submeters.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the structure dates back to 1960, the units have been updated with modern finishes including quartz countertops, stainless steel appliances, laminate flooring, and tiled showers. These renovations make the property move-in ready and functional, aligning with the 5-15 year renovation criteria for a 'Good' rating despite the age of the building.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated in the heart of Laguna Village, the property offers exceptional walkability to the beach, dining, and art festivals, ensuring high tenant demand and long-term appreciation.
- Turnkey Income Stream
The quadruplex is fully leased with stable, long-term tenants and features recently remodeled interiors with quartz countertops and stainless steel appliances, providing immediate cash flow.
- Operational Efficiency
Separate gas and electric submeters combined with on-site coin-operated laundry and rare ample parking for the area significantly enhance the property's profitability and management ease.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4356, other record lot size in square feet = 4500. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2537, other record living area = 2089.
- Vintage Construction
Built in 1960, the property may require higher ongoing maintenance for aging structural systems and exterior components compared to newer developments.
- Limited Lot Utility
With a modest lot size of 4,356 square feet for four units, there is limited potential for further expansion or the addition of significant private outdoor amenities for tenants.
About 366 Y Place
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1960
- Lot Size
- 4,356 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.8 |
| Baths | 0.0 | 3.5 |
| Square foot | 2,537 | 1,840 |
| Lot Size | 4,356 | 5,677.545 |
| Price | $2.50M | $2.85M |
| Price per sq ft | $985 | $1.5K |
| Built year | 1960 | 1943 |
| HOA | $0 | $0 |
| Days on market | 33 | 91 |
Pricing History
Listed for Sale
Sep 22, 2026
$2,499,000
Initial Listing
Sold
Jun 21, 2017
$1,525,000
Public Record
Sold
Apr 9, 1999
$435,000
Public Record