1 month on rocket

525 Park Ave, Laguna Beach, CA, 92651

$3,299,999

3 Bedrooms
3 Full Baths
2,100 SqFt
$1,571/SqFt
Multi

Location

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Property Highlights

Home TypeTriplex
ParkingAssigned, Storage
Attached Garage3 spaces
Year Built1939
HeatingFloor Furnace, Natural Gas
CoolingNone
FireplaceFamily Room, Gas
ViewCity Lights, Ocean
MLS #OC24219041
Lot Size0.09 Acres
StatusActive

About 525 Park Ave

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
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Housing Market Comparison

See how this home compares to others in Laguna Beach, CA.

Med. Sold Price

$3.0M

Med. Price/SqFt

$1,536

Avg. Days On Market

67

# of Sold Homes

22

525 Park Ave vs Laguna Beach

30 DAYS ON ROCKET

-37 Days

$3,299,999

+$224.9K More

$1,571/SqFt

+$34 More

KEY TAKEAWAY

This property is $224.9K more than the Median Sold Price and $34/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

IDX 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: 11/21/2024, 5:21:00 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

Nov 09, 1990Home Sold
$320,000
Nov 09, 1990Home Sold
$160,000

Tax History

YEARPROP. TAXASSESSMENT
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

$16.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,960

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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.

Nearby Schools

school-card-donut-370243
9
/10
  • Top of the World Elementary School

  • 21601 Treetop Ln

  • 1.56 miles

  • Public District Grades KG-5

school-card-donut-370244
9
/10
  • Canyon Vista Elementary School

  • 27800 Oak View Dr

  • 2.83 miles

  • Public District Grades KG-5

school-card-donut-370245
8
/10
  • El Morro Elementary School

  • 8681 N Coast Hwy

  • 3.05 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

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. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaOrange CountyLaguna Beach92651525 Park Ave

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.

In October 2024, from all listings sold in Laguna Beach, CA there were more than 1 sold above asking price, over 18 sold below and more than 3 were sold right at the asked price. Between September 2024 and October 2024, Laguna Beach, CA real estate market has seen increase in the number of listings by 10.9%. While the average time on the market in October 2024 was 67 days, the median list price was $3,075,000.

From Rocket Homes Real Estate and based on county public records data.

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