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Listed by Jill Witte • Berkshire Hathaway HomeServices California Properties
$ 5,695,000
Est. payment /mo
New
437 Cypress Laguna Beach, CA 92651
4,776 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,776 sqft
Price per Sqft $1,192
MLS Listing ID CRLG26012169
HOA Y/N No
Year Built 1956
Lot Size 5,910 Sqft
Property Sub-Type Other
Source Datashare California Regional
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
Interior
Fireplace No
Laundry Common Area, Inside, See Remarks

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