36
Map
$3,999,000
●
House -
For Sale
1285 Cortez Avenue
Laguna Beach, CA 92651
2 Beds
2 Baths
1,088 Ft²
$19,636
Est. Monthly
About This Property
1285 Cortez Ave presents a rare opportunity to acquire three
contiguous parcels in the sought-after Arch Beach Heights
neighborhood of Laguna Beach, one of Southern California's most
desirable coastal hillside communities.
The offering includes:
• 1285 Cortez Ave (APN 644-432-01)
• 829 Miramar St (APN 644-432-02)
• 855 Miramar St (APN 644-432-03)
Collectively originating from the historic Arch Beach Heights subdivision, the three parcels encompass approximately 0.39 acres of elevated hillside property offering privacy, canyon surroundings, and ocean-views. Buyers are advised to independently verify all development possibilities, lot status, zoning, access, and building requirements with the City of Laguna Beach and other appropriate professionals.
The Cortez parcel currently features a charming single-story 2-bedroom, 2-bathroom home with sweeping canyon and ocean views, tranquil garden areas, a dwarf avocado tree, and fruit cocktail tree. Located on a quiet street with minimal through traffic and no streetlights, the setting offers a peaceful coastal atmosphere.
The adjacent Miramar parcels are separate legal lots of record and may present future planning, design, or development opportunities for buyers seeking a custom residential compound, architectural estate, or long-term investment opportunity.
Located within close proximity to scenic hiking trails, renowned beaches, acclaimed restaurants, galleries, and the vibrant village lifestyle of Laguna Beach, this assemblage offers a unique opportunity for buyers seeking a distinctive coastal property with future potential.
Opportunities to acquire multiple contiguous parcels in Arch Beach Heights are exceptionally limited. Whether envisioned as a private retreat, custom architectural project, or long-term coastal investment, 1285 Cortez Ave offers a rare canvas in one of Laguna Beach's most iconic hillside neighborhoods.
Seller and listing broker make no guarantees regarding development potential, lot status, zoning, views, or future use. Buyers are advised to conduct their own independent investigations with the City of Laguna Beach and licensed professionals.
The offering includes:
• 1285 Cortez Ave (APN 644-432-01)
• 829 Miramar St (APN 644-432-02)
• 855 Miramar St (APN 644-432-03)
Collectively originating from the historic Arch Beach Heights subdivision, the three parcels encompass approximately 0.39 acres of elevated hillside property offering privacy, canyon surroundings, and ocean-views. Buyers are advised to independently verify all development possibilities, lot status, zoning, access, and building requirements with the City of Laguna Beach and other appropriate professionals.
The Cortez parcel currently features a charming single-story 2-bedroom, 2-bathroom home with sweeping canyon and ocean views, tranquil garden areas, a dwarf avocado tree, and fruit cocktail tree. Located on a quiet street with minimal through traffic and no streetlights, the setting offers a peaceful coastal atmosphere.
The adjacent Miramar parcels are separate legal lots of record and may present future planning, design, or development opportunities for buyers seeking a custom residential compound, architectural estate, or long-term investment opportunity.
Located within close proximity to scenic hiking trails, renowned beaches, acclaimed restaurants, galleries, and the vibrant village lifestyle of Laguna Beach, this assemblage offers a unique opportunity for buyers seeking a distinctive coastal property with future potential.
Opportunities to acquire multiple contiguous parcels in Arch Beach Heights are exceptionally limited. Whether envisioned as a private retreat, custom architectural project, or long-term coastal investment, 1285 Cortez Ave offers a rare canvas in one of Laguna Beach's most iconic hillside neighborhoods.
Seller and listing broker make no guarantees regarding development potential, lot status, zoning, views, or future use. Buyers are advised to conduct their own independent investigations with the City of Laguna Beach and licensed professionals.
Unit Size
1,088 Ft²
Days on Market
17 days
Land Size
0.39 acres
Price per sqft
$3,676
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 days ago (CRMLS #OC26216358)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 5, 2026 | Listed by Bullock Russell RE Services | $3,999,000 | |
| Listed by Bullock Russell RE Services | |||
| Nov 18, 2025 | Price Decreased |
$4,350,000
↓ $50K
(1.1%) | |
| Price Decreased | |||
| Aug 27, 2025 | Listed | $4,400,000 | |
| Listed | |||
| | |||
|
A unique bulk sale of three separate parcels in Laguna Beach—1285 Cortez Ave, 829 Miramar St, and 855 Miramar St. All three sites are confirmed buildable per municipal code and county records, making this an exceptional opportunity for investors, builders, or visionaries. The Cortez parcel currently features a charming single-story 2 bedroom, 2 bathroom home with sweeping ocean and canyon views. Enjoy a tranquil garden setting complete with a dwarf avocado tree and fruit cocktail tree, offering a peaceful retreat. Nestled on a quiet street with no streetlights, evenings here are serene and uninterrupted. Whether you envision developing multiple custom homes, designing a private coastal compound, or holding the parcels as a long-term investment, the possibilities are endless. This is a rare chance to own three prime properties in one of Laguna Beach’s most desirable neighborhoods.
| |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Garage Faces Front, Garage, Garage Door Opener, DoorSingle
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Fan(s), BreakfastArea, QuartzCounters, Unfurnished, AllBedroomsDown, MainLevelPrimary
Appliances: Dishwasher, Freezer, Gas Cooktop, Disposal, Gas Oven, Gas Water Heater, Refrigerator, Barbecue
Flooring Type: Stone, Wood
Laundry Features: In Garage
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Square Footage: 1088
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1960
Levels: One
Patio and Porch Features: Rear Porch, Deck, Patio
Pool Features: None
Lot Size Area: 17197
Lot Size Units: Square Feet
Lot Size Acres: 0.3948
Lot Size Square Feet: 17197
Tax Lot: 1
Water Source: Public
Financial Details
Lease Considered: Yes
Utilities Details
Cooling Type: None
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Arch Beach Heights
Similar Homes for Sale
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$8,995 /mo
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$8,000 /mo
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Listed by: Gaetano LoGrande, Bullock Russell RE Services
Last Updated: 5 days ago
Data Source: CRMLS, MLS# OC26216358
Last Updated: 5 days ago
Data Source: CRMLS, MLS# OC26216358
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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