
Laguna Beach, California 92651
This Versatile Multi-Unit Compound is a Strong Value Opportunity, listed at $6,999,999—positioned well below the $7,054,147 Fair Market Value by 0.77%. This valuation gap offers $54,148 in Instant Equity. Featuring a Condition Rating of 3, the property includes a pool, spa, and panoramic coastal views. Its unique configuration of a main residence plus three additional units provides exceptional flexibility for Buy-and-Hold Investors or Owner-Occupants seeking a high-end coastal retreat with income-generating potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 616 Cuprien Way Subject | $6,999,999* List Price | 0 | 0 | 3,400 | $2,075 | - |
A 2110 Ocean Way Sold | $5,430,000 | 6 | 6 | 3,546 | $1,531 | 0.9 mi |
B 150 Cress Street Sold | $7,000,000 | 0 | 0 | 3,300 | $2,121 | 0.4 mi |
C 150 Cress Street Sold | $7,000,000 | 8 | 6 | 3,300 | $2,121 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1941, the property has undergone extensive renovations. The kitchen features high-quality cabinetry and stone flooring consistent with a 5-15 year old renovation, and the bathrooms show modern tile work and updated fixtures. The overall compound, including the pool and systems, appears well-maintained and move-in ready.
The property features a main residence, two separate one-bedroom units, and additional guest quarters, offering exceptional flexibility for rental income, multigenerational living, or a sophisticated home-office setup.
Situated on a sprawling quarter-acre gated lot in the historic Village area, this estate provides a rare level of privacy and expansive outdoor space just blocks from Thalia Street beach and local amenities.
The estate boasts stunning panoramic views of Catalina Island and city lights, complemented by luxury outdoor features including view decks, a private cabana, a pool, and an in-ground spa.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3400, other record living area = 1912.
Originally built in 1941, the property may require significant ongoing maintenance or capital improvements to its aging systems and structure to align with modern luxury standards.
Operating a multi-unit residential income property with four distinct living spaces involves higher management intensity and operational costs compared to a traditional single-family residence.
Rarely does an opportunity of this scale arise in the Village. Nestled on a sprawling quarter-acre on historic Cuprien Way, this one of a kind gated compound offers a rare blend of privacy and flexibility of an income property or multigenerational living. Situated just blocks from the iconic Thalia Street beach, shops and restaurants this estate is a masterclass in coastal elegance. Featuring a private main residence with view decks and an outside living room, a private cabana close to the pool and in ground spa, plus two seperate one-bedroom units and an additional guest quarters; this showplace offers unmatched flexibility. This gem is ideal for an owner occupant seeking rental income, with a home-office setup or an extended family retreat. This trophy property is a timeless investment in the Laguna Beach lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,400 | 2,370 | 87% |
| Lot Size | 12,197 | 4,356 | 93% |
| Price | $7.00M | $2.92M | 80% |
| Price per sq ft | $2.1K | $1.6K | 80% |
| Built year | 1941 | 1941 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 161 | 7% |
May 26, 2026
$6,999,999
Initial Listing
May 15, 2002
$102,500
Public Record
Apr 19, 2002
$365,500
Public Record
Oct 26, 2001
$2,050,000
Public Record
Nov 16, 1998
$1,550,000
Public Record