461 Park Avenue, Laguna Beach, California 92651, Laguna Beach, - bed, bath

home-pic
ACTIVE$2,299,000
461 Park Avenue, Laguna Beach, California 92651
3Beds
2Baths
1,639Sqft
3,959Lot
Year Built
1937
Close
-
List price
$2.3M
Original List price
$2.3M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
LG25243908
Home ConditionFair
Features
Good View: City Lights, Neighborhood, Ocean, Peek-A-Boo, Water
Deck
ViewCity Lights,Neighborhood,Ocean,Peek-A-Boo,Water

About this home

461 Park Avenue and 520 Through Street present a multi-residential rare offering in the heart of downtown Laguna Beach. Infused with enduring character in classic Laguna style, this is a special ownership opportunity. The corner lot location is uniquely positioned with views towards downtown, ocean peeks and beautiful sunset skies. A short two blocks down Park offers the heart of downtown shops, restaurants, services and beyond leading straight to Main Beach and boardwalk. Behind the green hedge and gate, unassuming privacy awaits within the gardens and main cottage, 461 Park. The single level cottage has a sizeable living room, gas burning fireplace, separate dining room and sunny kitchen with skylights. Two bedrooms and one bathroom, plus rear garden access. Main house systems of tankless water heater, central furnace, air conditioning and security system. By separately gated entrance, 520 Through is accessed up an outdoor stairwell. This apartment features a living room with peek views of the ocean, coast and Hotel Laguna rotunda. Kitchen with gas range oven, tiled countertops and efficient cabinetry. One separate bedroom with sliding closet, hall storage and separate bathroom with tub/shower. The residences share a two car driveway and garage storage, including washer dryer facility. Within blocks to the Festival of the Arts/Pageant of the Masters, Laguna Playhouse, City Hall, Suzi Q Community Center, Laguna Beach Library, Laguna Beach High School and all the vibrancy that downtown has to offer. Truly experience living your best Laguna Beach life!

Price History

Date
Event
Price
10/21/25
Listing
$2,299,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (137 Listings)
Beds33
50%
Baths23
34%
Square foot1,6391,994
33%
Lot Size3,9595,425
27%
Price$2.3M$3.1M
28%
Price per square foot$1,403$1,562
39%
Built year19379825983
17%
HOA
Days on market14193
1%
Condition Rating
Fair

Built in 1937, this property exhibits 'enduring character' and appears well-maintained externally with updated major systems like central furnace, AC, and a tankless water heater in the main cottage. However, the kitchens and bathrooms are significantly outdated in style and features. The main house kitchen features white appliances and very dated tiled countertops and backsplash. The main bathroom has a distinctive but dated blue tiled vanity and older fixtures. The second unit's bathroom also shows older hexagonal mosaic tiles. While functional, these key areas would require substantial aesthetic updates to meet current buyer expectations, aligning with the 'Fair' condition criteria of being aged but maintained, with major components showing signs of being outdated and requiring minor updates.
Pros & Cons

Pros

Income Potential/Multi-Unit: This rare multi-residential offering includes two distinct units (461 Park Ave and 520 Through St), providing significant income potential or flexible living arrangements in a highly desirable area.
Exceptional Downtown Location: Boasting an unbeatable location in the heart of downtown Laguna Beach, the property offers unparalleled walkability to Main Beach, shops, restaurants, and cultural attractions like the Festival of the Arts.
Desirable Views: Positioned on a corner lot, the property offers captivating views towards downtown, ocean peeks, and beautiful sunset skies, enhancing its overall appeal and value.
Historic Charm & Privacy: Infused with enduring character in classic Laguna style, the property provides a private and unassuming garden setting behind a green hedge and gate, appealing to those seeking unique charm.
Updated Main House Systems: The main cottage (461 Park Ave) benefits from modern essential systems including a tankless water heater, central furnace, air conditioning, and a security system.

Cons

Age of Property & Potential Updates: Built in 1937, the property, particularly the apartment unit, may require further updates beyond the main house's systems to meet contemporary standards or address potential deferred maintenance.
Shared Amenities: The residences share a two-car driveway, garage storage, and a washer/dryer facility, which could be a drawback for occupants seeking complete independence or privacy for each unit.
Apartment Unit's Basic Finish: The apartment unit (520 Through St) features a kitchen with 'tiled countertops and efficient cabinetry,' suggesting a more basic or potentially dated finish compared to modern expectations, and lacks explicit mention of air conditioning.

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