540 Park Avenue

Laguna Beach, CA 92651

$5,200,000
Last Sold Price
7
Beds
4
Baths
2
1/2 Baths
3,055 Sq. Ft.
$1,702 / Sq. Ft.
3,055
Sq. Ft.
$1,702
per Sq. Ft.

Description

Introducing 540 Park Avenue, Laguna Beach — a stunning remodel offering a versatile living experience in a prime location. This legal triplex, provides multiple options for mixed-use arrangements, suited to to a variety of lifestyle needs. Spanning 3055 square feet of living space, this property features 7 bedrooms and 6 bathrooms. The property consists of three separate living spaces, and one office (with private 1/2 bath). The property has been taken down to the studs, and all major systems have...Introducing 540 Park Avenue, Laguna Beach — a stunning remodel offering a versatile living experience in a prime location. This legal triplex, provides multiple options for mixed-use arrangements, suited to to a variety of lifestyle needs. Spanning 3055 square feet of living space, this property features 7 bedrooms and 6 bathrooms. The property consists of three separate living spaces, and one office (with private 1/2 bath). The property has been taken down to the studs, and all major systems have been replaced and wholly reimagined and updated. The ground-level unit features two bedrooms, a full bath, parking, and a large functional kitchen. The upper two units consist of a two-bedroom, one-bath unit, and a three-bedroom and two-and-a-half-bath unit. Both upper units have sizable outdoor spaces. Timeless and high-end fixtures have been installed on the property. The thoughtful design and fully remodeled property make this home a rare find in the heart of Laguna Beach. Multiple large windows perfectly frame picturesque views of Hotel Laguna and Main Beach. The property boasts plenty of parking, which is a coveted amenity in this area. The location is enviable and provides convenient access to the vibrant town and beautiful beaches, making it an ideal spot for those seeking the sought-after Laguna Beach lifestyle or an income-producing trophy property. Don’t miss your chance to own this remarkable asset with endless possibilities. Schedule your private tour today.

Listing Agents

  1. Mike Johnson

    Mike Johnson

    Listing Agent

    Compass

    DRE #01429647

  2. Nick Hooper

    Nick Hooper

    Alternative Listing Agent

    Compass

    DRE #01962012

    nick.hooper@compass.com

    P: (949)-939-7083

Property Details for 540 Park Avenue

View
Neighborhood, Ocean, Water
Parking Spaces Total
7
Private Pool
No
Cooling Type
Ductless
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3055
LISTING UPDATED: 11/18/2024 07:01 AM

Property Details for 540 Park Avenue

StatusClosed
MLS #LG24204776
Days on Market7
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential
Year Built1944
Lot Size0.11 AC / 4,792 SF
CountyOrange County

Building Information for 540 Park Avenue

Stories2Residences-Year Built1944Building Size-Lot Size0.11 AC / 4,792 SF

Property Information for 540 Park Avenue

Income / Expense / Tax Details
Income Details
  • Current Financing: None
  • Financing: Cash to New Loan
Tax / Assessment Info
  • Tax Tract Number: 272
  • Tax Census Tract: 626.32
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 47
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Storm Drains
Property / Structure Info
Interior Features
  • Interior Features: Living Room Deck Attached, Open Floorplan, Recessed Lighting, Wired for Data
  • Room Type: Living Room, Main Floor Bedroom, Walk-In Closet
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Room Bathroom Features: Double Sinks in Primary Bath, Separate tub and shower, Walk-in shower
  • Bedroom Features: Main Floor Bedroom, WalkInCloset
  • Room Kitchen Features: Kitchen Island, Kitchen Open to Family Room
  • Laundry: Yes
  • Laundry Features: In Garage, Inside
  • Laundry Location: Garage, Inside
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Fireplace: FP in Living Room
  • Cooling: Ductless
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
  • Floor Coverings: Wood
  • Flooring: Wood
Exterior Features
  • Entry Location: Ground, steps
  • Fence: Yes
  • Fencing: Excellent Condition
  • Structure Type: Triplex
  • Property Condition: Repairs Major, Turnkey, Updated/Remodeled
  • Miscellaneous: Storm Drains
  • View Description: Ocean, Water
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: 2-5 Units/Acre
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Direct Entrance, Driveway, Garage
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Non-Garage: Driveway
  • Parking Garage Spaces: 3
  • Parking Garage: Direct Garage Access, Garage
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage
Property / Structure Info
  • Builders Tract Name: The Village
  • Builders Tract Code: The Village (VIL)
  • Residential Styles: All Other Attached
  • Residential Unit Location: 2+ common walls

Property History for 540 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 540 Park Avenue

Taxable ValueLand$2,923,159Additions$136,841Total$3,060,000
Tax Record2023$33,897 ($2,825 / month)
Home Facts
Total Finished SqFt1,399 SqFtAbove Grade Finished SqFt1,399 SqFtStories2Lot Size4,693 SqFtStyleDuplexYear Built1944CountyORANGEAPN641-272-47

Schools near 540 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.

Similar Homes

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Similar Sold Homes

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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.

Listing Courtesy of Compass, Mike Johnson, DRE #01429647; Compass, Nick Hooper, DRE #01962012

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.