31462 Ceanothus Dr
About This Property
Designed by architect Paul McClean, this home is situated in an enviable location, this home is a paradise for beach enthusiasts and foodies alike. Within walking distance, you'll find some of Southern California's most pristine beaches where you can soak up the sun and enjoy the soothing sound of the waves. A plethora of delectable restaurants are also just a short stroll away, offering an array of culinary delights to satisfy your palate.
Prepare to be captivated by the awe-inspiring ocean and white water views that grace this residence. Each day will be a reminder of the beauty and tranquility of coastal living, creating a true haven to call home.
No expense has been spared in the creation of this gem. Meticulously upgraded and turnkey, every corner showcases the finest materials and craftsmanship, reflecting a commitment to top-notch quality and luxury finishes throughout. From the moment you step inside, you'll be welcomed by an ambiance of sophistication and opulence.
This home is a rare opportunity that is coming to market, an exclusive chance for you to secure this gem before it's gone. Embrace the chance to own a residence that exudes elegance and provides an unmatched lifestyle experience. Don't miss out on this once-in-a-lifetime chance to call this extraordinary Laguna Beach property your own. Contact us now to seize this remarkable opportunity and indulge in the coastal living experience you've always dreamed of.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2024 | Sold | ||
| Sold | |||
| Oct 2, 2024 | In contract | - | |
| In contract | |||
| Apr 13, 2024 | Listed by Compass | $4,600,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017