415 Nyes Place
About This Property
Discover an incredible opportunity to create your custom dream home in the prestigious Portafina neighborhood of Laguna Beach. This lot offers breathtaking ocean and sunset views, top-rated restaurants, and boutique shopping. Less than half a mile from the white sand Victoria Beach! A short drive to Downtown Laguna Beach provides access to world-class art galleries, vibrant nightlife, and coastal charm.
This ocean-view parcel presents a rare chance with possibility to build a luxury coastal retreat with potential for a modern architectural masterpiece. (buyer to verify with the city). Wake up to fresh ocean breezes, design your private sanctuary, and enjoy the Laguna Beach lifestyle to the fullest.
Don't miss this exceptional investment opportunity to craft your dream residence in one of Southern California's most sought-after coastal enclaves!
Buyer to conduct their own due diligence.
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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 |
|---|---|---|---|
| Jun 12, 2025 | Sold | ||
| Sold | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| May 10, 2025 | Relisted | $849,000 | |
| Relisted | |||
| May 2, 2025 | In contract | - | |
| In contract | |||
| Feb 9, 2025 | Listed by Berkshire Hathaway HomeService | $849,000 | |
| Listed by Berkshire Hathaway HomeService | |||
Property Highlights
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About Upper Victoria Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017