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Buy a houseat 387 Oak Street, Laguna Beach, CA 92651

$2,395,000

$2,495,000 (-4.01%)

$0/mo

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Residential

1,561 Sq. Ft.

3,000 Sq. Ft. lot

4 Bedrooms

4 Bathrooms

344 Days on market

OC23080909 MLS ID

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About 387 Oak Street house

Absolutely an exceptional investment/residential opportunity located within 3 blocks to the sand and the Pacific Ocean! This Laguna Village residence located within the heart of the HIP District, Historic and Interesting Places... this 7 block stretch along the Pacific Coast Hwy boasts 24 restaurants, 40 boutique shops as well as 20 art galleries and 5 hotels!! This single family residence currently contains 2 additional legal, non-conforming use rental properties that are currently occupied. Situated at approximately the corners of Oak St and Glenneyre, this 1560sqft home affords itself to numerous possibilities for its future use...This property resides on a 3000sqft corner lot which is walking distance to 4 of the top 10 surfing beaches in Laguna Beach and is currently listed on the Historic Property register in the city of Laguna Beach and may be subject to the benefits of the Mills Act for taxation purposes. A property like this rarely comes on the market every 50 years and is an outstanding opportunity for future renovation, remodeling and restoration. This corner lot configuration also offers a 2 car driveway, an enclosed yard area as well as a balcony located off a second floor living unit. Physical floor plan includes a main residence with hardwood floors, fire place, 2 bedrooms/ 2 baths as well as 2 additional studio units containing kitchens, bath, sleeping area and private access. This is absolutely a lifestyle property which offers walkability to all of the most desirable areas in Laguna Beach! This is truly all about location! Location! Location!
Absolutely an exceptional investment/residential opportunity located within 3 blocks to the sand and the Pacific Ocean! This Laguna Village residence located within the heart of the HIP District, Historic and Interesting Places... this 7 block stretch along the Pacific Coast Hwy boasts 24 restaurants, 40 boutique shops as well as 20 art galleries and 5 hotels!! This single family residence currently contains 2 additional legal, non-conforming use rental properties that are currently occupied. Situated at approximately the corners of Oak St and Glenneyre, this 1560sqft home affords itself to numerous possibilities for its future use...This property resides on a 3000sqft corner lot which is walking distance to 4 of the top 10 surfing beaches in Laguna Beach and is currently listed on the Historic Property register in the city of Laguna Beach and may be subject to the benefits of the Mills Act for taxation purposes. A property like this rarely comes on the market every 50 years and is an outstanding opportunity for future renovation, remodeling and restoration. This corner lot configuration also offers a 2 car driveway, an enclosed yard area as well as a balcony located off a second floor living unit. Physical floor plan includes a main residence with hardwood floors, fire place, 2 bedrooms/ 2 baths as well as 2 additional studio units containing kitchens, bath, sleeping area and private access. This is absolutely a lifestyle property which offers walkability to all of the most desirable areas in Laguna Beach! This is truly all about location! Location! Location!

Property details

Property Access

Alley

City Street

Alley Paved

Paved

Appliances & Equipment

Gas Cooktop

Gas Oven

Gas Range

Gas Water Heater

Refrigerator

Water Heater

Bathrooms

3 3-quarter bathrooms

1 full bathroom

4 total bathrooms

2 bathrooms on main level

Bedrooms

4 total bedrooms

2 bedrooms on main level

Building

2 total stories

Built in 1928

Stories: 2

1,561 sqft living area

Mediterranean

Spanish

No Common Walls

Stucco

Two

Deck

Stone

Tile

House

Community

Biking

Curbs

Dog Park

Hiking

Park

Storm Drain(s)

Street Lights

Suburban

Sidewalks

Cooling

No cooling

Disclosures

City Inspection Required

Historical

Seller Disclosure

Doors

Sliding Doors

Exterior Features

Rain Gutters

Fence

Block

Fireplaces

Living Room

Wood Burning

Floors

Carpet

Tile

Wood

Foundation

Raised

Slab

Water Features

Ocean Side Of Freeway

Heating

Fireplace(s)

Space Heater

Interior Features

Balcony

Block Walls

Tile Counters

Bedroom on Main Level

Galley Kitchen

Laundry

Washer Hookup

Gas Dryer Hookup

Listing

Listing ID: OC23080909

Property Subtype: Single Family Residence

76 days on market

Listed on 2023-05-17

Location

County: Orange

Subdivision: The Village (VIL)

Lot

3000 sqft

0.0689 acres

Area: 3000

Corner Lot

Front Yard

Level

Paved

Rectangular Lot

Zero Lot Line

Parking

2 open parking spaces

2 total parking spaces

Driveway

Off Street

One Space

Side By Side

Possession

Negotiable

Property

3 units

Ocean

Peek-A-Boo

Roof

Spanish Tile

Tile

Schools

Elementary School: Top Of The World

Middle School: Thurston

High School: Laguna Beach

High School District: Laguna Beach Unified

Security Features

Carbon Monoxide Detector(s)

Fire Detection System

Smoke Detector(s)

Security Lights

Sewer

Public Sewer

Utilities

Cable Available

Electricity Connected

Natural Gas Connected

Sewer Connected

Water Connected

Overhead Utilities

Windows

Casement Window(s)

Double Pane Windows

Insulated Windows

Plantation Shutters

Screens

Shutters

Monthly cost

Estimated monthly cost

$15,262/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$2,251,300

+$71,850

$2,323,150

Seller agent commission$71,850 (3%)*

$0 (0%)

Buyer agent commission$71,850 (3%)*

$71,850 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $71,850 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:34 p.m.

Data updated: Aug 2, 2023 at 5:05 a.m.

Property listed by Harcourts Prime Properties, Bob Wolff
Based on information from California Regional Multiple Listing Service, Inc. as of 08/02/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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