513 Oak Street
About This Property
enchanting shops, this classic 1928 shingled cottage makes it easy to leave the car at home and enjoy all
that Laguna Beach has to offer. Just moment's from the seaside town's popular HIP District, the single-level
home reveals a private and spacious lot of nearly 4,500 square feet. Its white picket fence is right out of a
storybook and embraces beautifully maintained grounds that display colorful gardens, pavered patios and
pathways, a long paver-finished driveway with ample parking, and a detached one-car garage. Shade trees
sway over a private backyard that complements fun times with friends, relaxing with a glass of
wine, or simply kicking back in the sunshine with your favorite book. A covered front porch and inviting Dutch
door offer a peek at the ocean and lead to a bright and open interior that features white vaulted ceilings with
exposed beams, wood flooring and crisp white-paneled walls. Open shelving and butcher-block countertops
embellish the kitchen, both bedrooms are comfortably sized, and two baths shine with updated tile and, in
one, a freestanding tub. Direct access to Oak Street Beach is only a few blocks from home, and
neighborhood parks, outstanding Laguna Beach schools, and miles and miles of scenic trails
are close by. This property captures the essence of Southern California living . . . Where every day feels like a vacation.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 10, 2025 | Sold | ||
| Sold | |||
| Aug 12, 2025 | In contract | - | |
| In contract | |||
| Jul 4, 2025 | Listed by Livel Real Estate | $2,495,000 | |
| Listed by Livel Real Estate | |||
| Oct 27, 2020 | No longer available | - | |
| No longer available | |||
| Oct 26, 2020 | Price Decreased |
$1,740,000
↓ $35K
(2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017