361 Cypress Drive, Laguna Beach, CA


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Listing Agent
Thomas Paulauskas - Keller Williams Realty Antelope Valley

About 361 Cypress Drive

Experience this unique beach community overflowing with warmth of character and community. The joy of smiling faces and sun kissed beaches, blue sky’s and azure blue waters. It is no wonder homes located in the "Tree Streets" neighborhood of historic North Laguna are in such great demand, being only steps to Main Beach, Heisler Park, Boat Canyon, Divers Cove, this lovingly maintained vintage cottage has it all, multiple units, income, and location. Become enamored with all the possibilities when encountering this vintage cottage triplex + 1 has to offer. Enter through a white picket gate and rose trellis of this fully fenced yard and be drawn in by 3 bedroom, 2 bathroom with a jetted spa tub. Invited by walnut hardwood flooring that gently kisses white beadboard paneled walls and opens to an airy sky blue open beam vaulted ceiling and overhead ceiling fans. Pass through the French door flank dual fireplaces into a sun room gazing out onto a fully fenced backyard while enjoying your favorite cup coffee and book. Bask in the morning light of this cozy kitchen dinette in front of floor to ceiling bay windows. The spacious kitchen provides ample granite countertops, French provincial cabinets, stainless steel appliances, and nickel brushed hardware. Backyard gives generously offering a large jacuzzi hot tub shaded by fruit and avocado trees, and a considerable brick patio, ideal for entertaining. Just beyond find an 8 by 16 foot insulated storage shed with windows and French doors for all your beach chairs boards and bikes. Engage in more opportunity with the three turn-key furnished studio apartment’s in the rear building along with a 3 car garage. At full occupancy the current owner rents the property for $19,550/m. A short term rental strategy has potential to rent for over $28,000+ gross. Buyer to verify info and short term licensing details. Take advantage of this rare and unique opportunity to produce income and be a brief stroll from art festivals, galleries, world-class restaurants, shopping, hiking/biking trails, Great Schools, Downtown Laguna, and of course The Beach.

Features of 361 Cypress Drive

MLS® # SR23127274
Price $3,349,500
Bedrooms 6
Bathrooms 5.00
Acres 0.14
Year Built 1946
Type Residential Income
Sub-Type Quadruplex
Status Active Under Contract

Community Information

Address 361 Cypress Drive
Area NL - North Laguna
Subdivision North Laguna (NL)
City Laguna Beach
County Orange
State CA
Zip Code 92651


Parking Spaces 3
# of Garages 3
Is Waterfront No
Has Pool No
Pool None


Appliances Dryer, Washer
Has Basement No
Fireplace No
# of Stories 2
Stories Two


Lot Description 0-1 Unit/Acre

Additional Information

Date Listed July 13th, 2023
Days on Market 150
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentThomas Paulauskas
OfficeKeller Williams Realty Antelope Valley

Listing Map

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