363 Park Avenue

Laguna Beach, CA 92651

$4,585,000
Price
11
Beds
7
Baths
3,960 Sq. Ft.
$1,158 / Sq. Ft.
3,960
Sq. Ft.
$1,158
per Sq. Ft.

Description

Unique multi-structure residential property in the heart of downtown Laguna Beach, less than 2 blocks from Forest Avenue Promenade, Hotel Laguna and Main Beach (Walkscore 97)! Property includes 4 structures - a larger 2-level main home on 504 Goff Street, PLUS 3 separate income-generating cottages or guest houses on Park Avenue! This is a rare opportunity to live in a sizable ocean-view home in the heart of downtown, and benefit from income from the multiple other units on the property. The main...Unique multi-structure residential property in the heart of downtown Laguna Beach, less than 2 blocks from Forest Avenue Promenade, Hotel Laguna and Main Beach (Walkscore 97)! Property includes 4 structures - a larger 2-level main home on 504 Goff Street, PLUS 3 separate income-generating cottages or guest houses on Park Avenue! This is a rare opportunity to live in a sizable ocean-view home in the heart of downtown, and benefit from income from the multiple other units on the property. The main home has 3 bedrooms and 2 bathrooms on the upper level, all recently remodeled, with ocean views from the main living spaces, and a large deck in the rear and a covered patio and yard. At street level are TWO studios, each with a bathroom and one with kitchenette, and separate entrances, currently detached from the upstairs space. Also at street level is a 2-car garage. As such, building on Goff currently serves as a triplex, with the 2 street-level studios rented separately, although they are non-conforming - the city considers the building to be single-family. One or both of the studios could be reconnected to the upstairs living space. Plans have been submitted to the city to recognize one as an ADU. This larger structure has a total of about 1903 square feet of living space - upstairs space is approximately 1273, the larger studio about 414, and the smaller studio about 216. In addition to the 2-car garage, there are 2 off-street private parking spaces. In addition to the larger home. on Goff, the property includes THREE separate standalone bungalows at 363, 371 and 379 Park Avenue. These bungalows are some of the original "Olympic Cottages," brought to Laguna after the Los Angeles Olympics in the 30s and completely restored with updated kitchens and baths. They are all rented separately. While iconic in Laguna Beach, these cottages are not on the historic register, but are on the city Inventory with a rating of E (Exceptional) - meaning that they could be historically registered, and under the Mills Act, might benefit from substantially reduced property taxes. Each of the standalone bungalows is 1 or 2 bedrooms with wood-burning fireplace, private laundry, front porch and private rear deck. Each standalone bungalow is approx. 659, 692 and 706 square feet. Rent rolls for the property are available. The adjoining parcel, 389 & 397 Park Ave, containing 2 similar cottages, plus plans for a 3rd ADU cottage, is available for purchase from the same owner!
  1. Listed by Kenneth Guziak • DRE #01487719 • Brokerage DRE #00616212 • Coldwell Banker Realty • 949-285-0509

Property Details for 363 Park Avenue

View
City Lights, Hills, Ocean
Parking Spaces Total
2
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3960
LISTING UPDATED: 12/01/2024 11:32 PM

Property Details for 363 Park Avenue

StatusActive
MLS #LG24217955
Days on Market58
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential
Year Built1923
Lot Size0.14 AC / 5,998 SF
CountyOrange County

Building Information for 363 Park Avenue

Stories2Residences-Year Built1923Building Size-Lot Size0.14 AC / 5,998 SF

Property Information for 363 Park Avenue

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Tract Number: 410
  • Tax Census Tract: 626.05
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 89
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Room Type: See Remarks
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Laundry: Yes
  • Laundry Features: See Remarks
  • Laundry Location: Other/Remarks
  • Fireplace Features: Living Room, See Remarks
  • Fireplace Rooms: Living Room, Other
  • Fireplace: FP in Living Room, Other/Remarks
  • Cooling: None
Exterior Features
  • Entry Location: street
  • Structure Type: Quadruplex
  • Miscellaneous: Urban
  • View Description: City Lights, Hills, Ocean
  • Waterfront Features: Marina in Community
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Corner Lot, Near Public Transit, Walkstreet, Yard
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One, Two
  • Water: Public
  • Sewer: Public Sewer, Sewer Paid
  • Sewer/Septic: Public Sewer, Sewer Paid
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage: Garage, On street
  • Parking Non-Garage: Off Street, Street
  • Parking Garage Spaces: 2
  • Parking Garage: Garage
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Driveway Level, Garage, Off Street, Street
Property / Structure Info
  • Builders Tract Name: The Village
  • Builders Tract Code: The Village (VIL)
  • Residential Styles: All Other Attached
  • Residential Unit Location: No Common Walls

Property History for 363 Park Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 363 Park Avenue

Taxable ValueLand$3,151,149Additions$131,466Total$3,282,615
Tax Record2024$37,276 ($3,106 / month)
Home Facts
Beds1Total Finished SqFt453 SqFtAbove Grade Finished SqFt453 SqFtStories1Lot Size6,174 SqFtStyleSingle Family ResidenceYear Built1923CountyORANGEAPN644-011-01Fireplace TypeHas Fireplace

Schools near 363 Park Avenue

This home is within Laguna Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - K to 3
Rating
School
Distance
El Morro Elementary School
PublicK to 5

Thurston Middle School
Public6 to 8

Laguna Beach High School
Public9 to 12

LEA Stone
PrivateK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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363 Park Avenue is a townhouse for sale in Laguna Beach, CA 92651. This property was listed for sale on October 20, 2024 by Coldwell Banker Realty, it's currently listed at $4,585,000. This listing's school district is Laguna Beach Unified School District. Nearby schools include El Morro Elementary School, Thurston Middle School and Laguna Beach High School. 363 Park Avenue is a 11-bed, 7-bath, 3,960 sqft townhouse built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty, Kenneth Guziak, DRE #01487719

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.