Details

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Listing # S591086
Price: $1,075,000
Address
360 Y Place
City Name:
Laguna Beach
State:
CALIFORNIA
Zip:
92651
Square Ft:
2496
Area:
Laguna Village (LV)
County Name:
Orange
A True Find...Monterey Tri-Plex in the heart of Laguana. Huge oversized units, walking distance to all downtown shopping and restaurants. Fully upgraded with granite countertops, hardwood floors and top of the line appliances. Panoramic Ocean Views from the top of the lot and the roof. Open patios for every unit. If you looking for something easy to rent, this is it. Has been used as a single family home for the last 10 years.
Additional Features:
Actual Annual Gross Rent: 90000
Actual Gross Annual Income: 5500
Cooling Available: No
ADA Compliant: No
Alley: No
Appliances: Freestanding Gas Range
Builder Tract Code: CUST
Builder Tract Name: Custom
Cap Rate: 6.98
Cross Streets: Behind the Laguana Police Station
Cumulative Days on Market: 90
Days On Market: 57
Directions: PCH to Broadway to 3rd Street, Left at Loma Terrace, Left at Y Place
Disability Access: None
Electric Expense: 1200
Entry Location: Ground Level - no steps, Ground Level w/steps
Exterior Construction: Wood
Floors: Hardwood
Gas & Electricity: 400
Gross Multiplier: 11.94
Gross Scheduled Income: 90000
Heated Pool: No
Insurance: 2000
UID: 96398850
Land Lse: Fee
Legal Desc: Coastal Commission Restrictions, Coastal Zone
Lot Dimensions: 49x95
Lot #: 61
Lot Size Source: Assessor
Lot Sz: 4655
Monthly Gross Sched Income: 7500
Net Operating Income: 75000
# Buildings: 1
Total Units with Disposals: 3
Total Units with Ranges: 3
Total Units with Refrig: 3
Total Units: 3
Operating Expenses Amt: 15000
Parking Spaces: 2
Parking Type: Driveway, Driveway - Concrete
Paved: Yes
Listing $/SqFt: 430.69
Private Transfer Taxes: No
Rent Control: No
Roof: Composition, Composition/Shingle
Sauna: No
Service Level: Full Service
Sewer: In Street Paid
Source of SqFt: Assessor
Special Conditions: Standard Sale/None
Stories: Two Levels
Style: Monterey
Tax Area: 05003
Taxes (New): 11000
Tenant Pays Cable TV: Yes
Terms: Cash To New Loan
Total Building SqFt: 2496
Tract #: 503
Transfer of Possession: Close of Escrow
Trash: 360
Water: District/Public
Water Heaters: Yes
Water/Sewer Expense: 600
Year Built: 1947
TGNO: 950G2
AVM: Yes
Public Comments/Blog: Yes
Walking Distance to Beach (miles): 0.5
© 2009 SoCalMLS® and CRISNet Regional MLS®

If a listing displays "Short Sale/Subject to Lender Approval" then that listing has been identified by the seller and the listing broker as a "short sale". This means that, at the listed price, the proceeds from the sale may not be adequate to pay all liens and costs of sale. Any offer made that does not fully cover the existing amount(s) owed to the lienholder(s) plus the costs of sale could be subject to lienholder approval, which approval may be exercised at the sole and exclusive discretion of the lienholder(s).

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The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by SoCalMLS and CRISNet Regional MLS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Data updated Wednesday, November 25th, 2009.

Listing courtesy of Clancy Fort from Realty Executives OC Coastal.
Data services provided by IDX Broker