264 San Joaquin, Laguna Beach, CA 92651
264 San Joaquin, Laguna Beach, CA 92651
Property Description
Exceptional investment opportunity in highly sought-after North Laguna, just moments from Crescent Bay and Emerald Bay. This beautifully remodeled detached duplex offers panoramic ocean, Catalina, Crescent Bay, and city-light views, with two separately metered residences and three single-car garages. The front 3-bedroom, 3-bathroom unit is currently rented at $7,000 per month, providing immediate rental income and making this an incredible opportunity for an investor or owner-user looking to live in one unit and rent the other. Both residences have been thoughtfully updated with a coastal modern design, featuring French oak hardwood floors, quartz countertops, Carrera marble backsplashes, stainless steel appliances, central heating and air conditioning, in-unit stackable washers and dryers, and newly installed windows. Recent improvements also include a newer HVAC system with new ductwork, updated plumbing components and fixtures, and upgraded garage door openers and motors for all three garages. One garage is equipped with 240V power to accommodate EV charging. Each residence enjoys stunning ocean views of Crescent Bay and private outdoor space ideal for taking in the coastal setting. Additional lower-level bonus/storage areas offer valuable extra space, and an outdoor shower and newer spa further complement the Southern California beach lifestyle. Ideally located within walking distance to Crescent Bay Beach and park and just minutes from Downtown Laguna Beach's renowned restaurants, galleries, boutiques, and entertainment. A rare opportunity to own a versatile, income-producing coastal property in one of Laguna Beach's most desirable neighborhoods.
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Property Details
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Comparative Market Analysis
Luxury Tier · 1 active · 1 closed
North Laguna · Laguna Beach · Duplex
Listed in line with the median closed sale of $3,750,000. Price per sqft ($1,663) is a 97% premium to closed comps ($844). Expect a longer timeline — comps averaged 130 days on market. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (1)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 260 Arch | Laguna Beach | 1976 | 5 | 5 | 3,500 | 7,405 | $1,050 | $3.67M | 166 | 45 |
| Total: 1 · Average | 5.0 | 5.0 | 3,500 | 7,405 | $1,050 | $3.67M | 166 | |||
| Median | 3,500 | $3.67M | ||||||||
Closed Properties (1)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1445 Hillcrest Drive | Laguna Beach | 1958 | 12/16/2024 | 6 | 6 | 4,443 | 4,356 | $3.75M | $3.75M | $844 | 1.00 | 130 | 60 |
| Total: 1 · Average | 6.0 | 6.0 | 4,443 | 4,356 | $3.75M | $3.75M | $844 | — | 130 | ||||
| Median | 4,443 | $3.75M | $3.75M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.