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Jeffrey Bullock

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$ 5,695,000

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437 Cypress Laguna Beach, CA 92651

5,911 Sqft Lot

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID LG26012169

HOA Y/N No

Year Built 1956

Lot Size 5,911 Sqft

Property Sub-Type Apartment

Property Description

Located in highly desirable North Laguna Beach, 437 Cypress Drive is a well-positioned coastal multifamily investment property comprising five rentable units in one of Southern California's most supply-constrained rental markets. The property is situated on an approximately 5,900 sq ft R3-zoned lot and benefits from a strong rental history and close proximity to beaches, downtown Laguna Beach, dining, shopping, and cultural attractions.
The asset features a diverse and flexible unit mix, including two larger three-bedroom residences suitable for owner-occupancy or premium rentals, along with three well-located one-bedroom units that appeal to long-term tenant demand. Property amenities include private outdoor spaces, garage parking, in-unit and/or on-site laundry, community storage, and shared outdoor gathering and barbecue areas.
With classic cottage architecture, efficient floor plans, and a walkable coastal location near Heisler Park and Main Beach, this five-unit property offers durable leasing demand and long-term value. The property has been well maintained by long-term ownership and presents an attractive opportunity for an owner-user investor or long-term hold, providing stable income, tax advantages, and ongoing equity growth.

Location

State CA

County Orange

Area Nl - North Laguna

Interior

Fireplace No

Laundry Common Area, Inside, See Remarks

Exterior

Parking Features Driveway, Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Hiking, Park, Street Lights, Sidewalks, Urban

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Cape Cod, Cottage

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 49612108

Energy Description 1250.0

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

Listed by Jill Witte Berkshire Hathaway HomeServices California Properties 949-439-4040

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 5

10

El Morro Elementary School

Public | KG - 5
9

Top of the World Elementary School

Public | KG - 5
0

Montessori School of Laguna Beach

Private | PK - TKG
0

St Catherine of Siena Parish School

Private | KG - 8
0

Anneliese's Schools

Private | PK - 6

Middle Schools 1

9

Thurston Middle School

Public | 6 - 8

High Schools 1

9

Laguna Beach High School

Public | 9 - 12

School and business data provided by Attom Data.

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