437 Cypress, Laguna Beach, CA 92651
Local realty services provided by:ERA Excel Realty
437 Cypress,Laguna Beach, CA 92651
$5,695,000
- - Beds
- - Baths
- 4,700 sq. ft.
- Multi-family
- Active
Listed by: jill witte
Office: berkshire hathaway homeservices california properties
MLS#:LG26012169
Source:CRMLS
Price summary
- Price:$5,695,000
- Price per sq. ft.:$1,211.7
About this home
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 two studios and a one-bedroom unit that appeal to long-term tenant demand. The property has been well maintained and thoughtfully updated during the current owner’s tenure, including the remodel of the owner’s ocean-view quarters, reflecting pride of ownership and long-term stewardship. Property amenities include private outdoor spaces, garage parking, in-unit and on-site laundry, community storage, and shared outdoor gathering and barbecue areas.
With classic cottage architecture, efficient floor plans, and a convenient North Laguna location near Heisler Park and Main Beach, this five-unit property offers durable leasing demand and long-term value. Long-term ownership, consistent upkeep, and recent improvements enhance the appeal for an owner-user or long-term investor seeking stable income, tax advantages, and ongoing equity growth....
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Home facts
- Year built:1956
- Listing ID #:LG26012169
- Added:61 day(s) ago
- Updated:March 28, 2026 at 01:23 PM
Rooms and interior
- Living area:4,700 sq. ft.
Structure and exterior
- Year built:1956
- Building area:4,700 sq. ft.
- Lot area:0.14 Acres
- Architectural Style:Cape Cod, Cottage
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$5,695,000
- Price per sq. ft.:$1,211.7
Features and amenities
- Laundry features:Common Area, Inside
Parking
- Total parking spaces:4
- Parking description:Driveway, Garage
- Garage:Yes
- Garage spaces:2
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