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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
9 Beds
9 Baths
4,776 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 4,776 sqft
Price per Sqft $1,192
MLS Listing ID CRLG26015787
Bedrooms 9
Full Baths 2
HOA Y/N No
Year Built 1956
Lot Size 5,910 Sqft
Property Sub-Type Detached
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. Two units have ocean view. 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
Cooling None
Fireplaces Type Wood Burning
Fireplace Yes
Appliance Dishwasher, Electric Range, Refrigerator
Laundry Common Area, Inside, See Remarks
Exterior
Garage Spaces 2.0
Pool None
View Ocean
Private Pool false
Building
Lot Description Street Light(s)
Story 2
Water Public
Architectural Style Cape Cod, Cottage
Schools
School District Laguna Beach Unified

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