Location, location, location. In the heart of Laguna Village. Just a few short blocks to PCH. Newly remodeled and delivered vacant. Addresses include 525, 533 Park Ave, and 516 Reed St. One of the few original triplexes in the Village area offering views, outdoor space, gardening, walking distance to restaurants, shopping, beaches, public pool, public tennis courts. and attractions. Because of the great location, easy to rent. This triplex has one garage space for each unit plus additional three off street parking spaces offering a total six spaces. The front unit one bedroom has ocean views, middle unit one bedroom is spacious, and the back one-bedroom unit has a large office that has been used as a bedroom in the past. Great investment for passive owner or owner user and receive income from the other two units.
Property Details
Property Features
Property Information:
Architectural Style: Cottage
Year Built: 1939
Stories: 2
Living Area: 2,100 SqFt
Listing Office:
Office Name: Luxre Realty, Inc.
Office Phone: (949) 498-3702
Listing Agent: Paul Hoffman
Interior Features
Interior Information:
Appliances: Range, Electric Range, Gas Oven, Gas Range, Water Heater
Interior: Open Floorplan, Quartz Counters, Unfurnished, All Bedrooms Down, Bedroom on Main Level, Walk-In Closet(s)
Fireplace: Family Room, Gas
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
View: City Lights, Ocean
Parking Information:
Garage Space: 3 spaces
Attached Garage: Yes
Parking: Assigned, Storage
Lot Features
Lot Information:
Lot Size: 0.09 Acres
Utilities
Utilities Information:
Heating: Floor Furnace, Natural Gas
Cooling: None
Other
Directions Information:
Directions: PCH east on Legion, left on Reed
Price Information
Listing Price Info
Price Summary:
List Price: $3,299,999
Price Per SqFt: $1,571/SqFt
Tax Information:
Annual Amount: $9,739
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Laguna Beach, CA.
This property is $218.9K more than the Median Sold Price and $37/SqFt more than other homes in Laguna Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC24219041
Listing Office:
Office Name: Luxre Realty, Inc.
Office Phone: (949) 498-3702
Listing Agent: Paul Hoffman
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/30/2024, 11:55:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Nov 09, 1990
Nov 09, 1990Home Sold
$320,000
Nov 09, 1990
Nov 09, 1990Home Sold
$160,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$9,739
$709,675
2020
$9,489
$702,399
2019
$9,050
$688,627
2018
$9,051
$675,125
2017
$8,826
$661,888
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$16.5K
Per Month
Principal & Interest
$16.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,960
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Top of the World Elementary School
21601 Treetop Ln
Distance between this listing and this school1.56 miles
Public District Grades KG-5
9
/10
Canyon Vista Elementary School
27800 Oak View Dr
Distance between this listing and this school2.83 miles
Public District Grades KG-5
8
/10
El Morro Elementary School
8681 N Coast Hwy
Distance between this listing and this school3.05 miles
Public District Grades KG-5
Nearby Schools
8
/10
Thurston Middle School
2100 Park Ave
Distance between this listing and this school0.98 miles
Public District Grades 6-8
8
/10
Don Juan Avila Middle School
26278 Wood Canyon Dr
Distance between this listing and this school3.79 miles
Public District Grades 6-8
6
/10
Journey
27102 Foxborough
Distance between this listing and this school4.01 miles
Public Charter Grades KG-8
Nearby Schools
9
/10
Laguna Beach High School
625 Park Ave
Distance between this listing and this school0.15 miles
Public District Grades 9-12
9
/10
Aliso Niguel High School
28000 Wolverine Way
Distance between this listing and this school3.68 miles
Public District Grades 9-12
7
/10
Laguna Hills High School
25401 Paseo De Valencia
Distance between this listing and this school5.59 miles
The neighbors living near this home have an average income of $30,743. The most common annual income of people living in Laguna Beach, CA is less than $35k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 525 Park Ave in Laguna Beach, CA and zip code 92651 in the The Village neighborhood. This 2,100 square foot home, which was built in 1939, sits on a 0.09 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $3,299,999.
Laguna Beach, CA housing market in November 2024 saw over 3 listings sold above listed price, more than 1 sold at listed price and over 14 sold below. In November 2024 in Laguna Beach, CA there were 4% less homes for sale than in October 2024. Listings spent 81 days on the market in November 2024, and had a median list price of $3,081,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Major League Soccer (MLS)
Major League Soccer (MLS)
Symphony or Opera
Horse Races
Banana Republic
Chico's
Stein Mart
Sonic
Boston Market
LongHorn Steakhouse
Infiniti
Volvo
Buick
Urban Contemporary
Talk/Personality