1585 Catalina, Laguna Beach, California 92651, Laguna Beach, - bed, bath

home-pic
ACTIVE$4,150,000
1585 Catalina, Laguna Beach, California 92651
0Bed
0Bath
3,478Sqft
5,632Lot
Year Built
1985
Close
-
List price
$4.15M
Original List price
$4.15M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC24115373
Home ConditionGood
Features
Good View: Neighborhood, Peek-A-Boo
Deck
Patio
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-51.4mi
9/10
El Morro Elementary School
Public,K-52.9mi
9/10
Thurston Middle School
Public,6-81.3mi
9/10
Laguna Beach High School
Public,9-120.8mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (12 Listings)
Beds05
Baths04
Square foot3,4781,827
92%
Lot Size5,6323,920
85%
Price$4.15M$2.5M
92%
Price per square foot$1,193$1,478
31%
Built year19851945
85%
HOA
Days on market513173
92%
Condition Rating
Good

The property was built in 1985, but the listing states that both units have been fully upgraded within the past few years, including granite counters, Swedish oak flooring, and new appliances. The images show updated kitchens and bathrooms, although the bathroom styles are somewhat dated. Overall, the property appears to be in good condition and move-in ready.
Pros & Cons

Pros

Investment Potential: Fully side-by-side duplex provides excellent investment opportunity with potential for rental income or owner-occupancy of one unit.
Updated Interiors: Both units have been recently and thoughtfully upgraded with granite counters, Swedish oak flooring, and new appliances.
Desirable Location: Located in a tranquil area of Laguna Beach, within walking distance to the beach and local amenities.
Separate Utilities and Access: Each unit features separate driveways, garages, laundry facilities, entryways, balconies, and backyards, enhancing privacy and independence.
Modern Amenities: Includes A/C and wood-burning fireplaces, providing comfort and convenience.

Cons

Peek-a-boo Ocean View: The ocean view is described as 'peek-a-boo,' suggesting it is limited and not a full, unobstructed view.
Year Built: Built in 1985, the property may require updates in the future to maintain its value and appeal compared to newer constructions.
Lot Size: The lot size is relatively small, which might limit outdoor space and potential for expansion.

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