240 Jasmine Street

Laguna Beach, CA 92651 View Map $1,895,000 Schedule a Tour
Acres0.07
Year1925
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Christian Walsh

Christian Walsh

(949) 635-4466
 
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Status: Active
Property Type:Duplex
MLS #:OC20145950
On Site:25 Days
Lot Size:0.07 Acres
County:Orange
North Laguna Beach Hidden Gem! Best Value & Location! This spectacular, top-of the line beach property is located just one block from the most sought after Heisler park and Main Beach. This turnkey duplex property was remodeled with unique and high-end materials to offer great standard of living with lots of privacy. This classy two-story building(duplex) is used as two beach villas: Upper floor villa consists of one bed & one bath unit with a very large ocean view deck. The first-floor villa consists of one bed room and one bath unit with a very large patio. Property comes with a separate laundry room, an office/artist stand-alone building with mezzanine storage, additional storage, one car garage and additional one or two car parking spaces. To enhance lifestyle both landscape and hardscape are well integrated into living spaces to offer beautiful beach lifestyle. Don t miss this opportunity to own an income producing beach home in the famous beachside community of North Laguna Beach! Steps to artists galleries, restaurants, downtown and easy access to Newport Beach and Irvine. Currently ground floor villa is leased till Jan 2022 with great income to reduce the mortgage and property tax payments significantly. Steps to artists galleries, main beach, Heisler park, restaurants, downtown and easy access to Newport Beach and Irvine. In this low interest rate environment this is a no brainer for someone wants to own a property in Laguna Beach with a great built in rental income.

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:240 Jasmine Street Laguna Beach, CA 92651
County:Orange
Subdivision:North Laguna (Nl)
Zip Code:92651

Architecture

Year Built:1925
Stories:Two
Style:Craftsman
Construction: Stucco, Wood Siding
Total Units: 2
Unit 1: 1 Unit•1 Bed•1 Bath•1 Garage•Furnished•$3,400 actual rent•$3,400 total rent•$3,400 pro forma
Unit 2: 1 Unit•1 Bed•1 Bath•1 Garage•Furnished•$3,495 actual rent•$3,495 total rent•$3,495 pro forma
Roofing: Composition, Shingle
Parking: Assigned, Built-In Storage, Concrete, Garage Faces Front, Garage - Single Door, Other
Garage Spaces: 1

Features / Amenities

Floor Material: Stone, Wood
Interior: Balcony, Copper Plumbing Full, Granite Counters, Recessed Lighting, Stone Counters
Laundry: Dryer Included, Washer Included
Common Walls: 1 Common Wall
Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
Parking Total: 3
Appliances: Disposal, Refrigerator, Water Purifier
Fireplace(s): Living Room, Gas
Heating Type: Wall Furnace, Natural Gas

Property Features

Lot Size: 0.07 Acres / 2914 Sq. Ft.
Lot Features: 0-1 Unit/Acre
View: Ocean
Lot Number: 1
Sewer: Sewer Paid
Water: Public
Directions:cross Street: Cedar Way

Tax and Financial Info

Land Lease: No
Electric Expense: 1450.00
Insurance Expense: 800.00
Trash Expense: 100.00
Water / Sewer Expense: 890.00
Total Expenses: 26146.00
Gross Annual Income: 82740.00

Schools

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240 Jasmine Street Laguna Beach, CA 92651
GO SEE THIS LISTING
240 Jasmine Street Laguna Beach, CA 92651
 
ASAP
Sun
16
Aug
Mon
17
Aug
Tue
18
Aug
Wed
19
Aug
Thu
20
Aug
Fri
21
Aug
Sat
22
Aug
Choose Your Date -- It's Free, Cancel Anytime
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Listing provided courtesy of Carl Wuestehube, Tri-Star Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of August 15, 2020. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.