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2003 Hidden Valley Canyon Road

Laguna Beach, CA 92651
  • $1,250,000
  • STATUS: Active
  • ON SITE: 13 days
  • ID#: LG21121609
UPDATED: 88 min ago
$1,250,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1928
County:

School Ratings & Info

Description

TWO COTTAGES on a single lot in the peaceful and private little gated community of Hidden Valley Canyon, just minutes from downtown. Each cottage is approximately 400 square ft. The original 1 bedroom cottage, built in 1928 was used to house the visiting Olympians. This cozy little home has recently been updated with cherry wood floors, butcher block kitchen counter tops, and lovely tongue and groove ceilings. Bright and sunny, with ample storage and it's own full sized washer and dryer behind the house. There is a carport and space for another car behind it in the driveway. Property has a sweet little front garden and large side yard. THE SECOND COTTAGE, a studio on the west side of the property, was built in 2000. This adorable home has a very large front yard, side yard, and terraced yard behind. There is also private laundry behind the house for this unit. THERE ARE TENANTS LIVING IN BOTH COTTAGES. These properties have been generating income since 2016.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-06-19T19:35:26.973. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Najar Group | Keller Williams Realty. Licensed in the State of California, USA.
www.thenajargroup.com/homes/117956760
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2003 Hidden Valley Canyon Road Laguna Beach, CA 92651

  • Price: $1,250,000
  • Status: Active
  • Updated: 88 min ago
  • ID#: LG21121609
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1928
Built
Neighborhood:
The Village (Vil)
County:
Orange
Area:
LV - Laguna Village
Property Description
TWO COTTAGES on a single lot in the peaceful and private little gated community of Hidden Valley Canyon, just minutes from downtown. Each cottage is approximately 400 square ft. The original 1 bedroom cottage, built in 1928 was used to house the visiting Olympians. This cozy little home has recently been updated with cherry wood floors, butcher block kitchen counter tops, and lovely tongue and groove ceilings. Bright and sunny, with ample storage and it's own full sized washer and dryer behind the house. There is a carport and space for another car behind it in the driveway. Property has a sweet little front garden and large side yard. THE SECOND COTTAGE, a studio on the west side of the property, was built in 2000. This adorable home has a very large front yard, side yard, and terraced yard behind. There is also private laundry behind the house for this unit. THERE ARE TENANTS LIVING IN BOTH COTTAGES. These properties have been generating income since 2016.
Exterior Features

Architectural Style Cottage Carport Spaces 1 Carport YN Yes Fencing Wood Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 0 Open Parking Spaces 2 Parking Features CarportDrivewayGuest Parking Total 3 Pool Features None Pool Private YN No Property Attached YN No View Canyon View YN Yes

Interior Features

Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring TileWood Heating Wall Furnace Heating YN Yes Interior Features Bedroom On Main LevelLoft

Property Features

Additional Parcels YN No Association Amenities Maintenance Grounds Association Fee 150 Association Fee Frequency Monthly Association YN Yes Common Interest Planned Development Community Features HikingMountainous Disclosures Hoa Disclosure Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 59880 Gross Scheduled Income 59880 Insurance Expense 851 Land Lease YN No Laundry Features Outside Levels OneMulti/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 17852 New Construction YN No New Taxes Expense 15625 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Number Of Units Leased 2 Operating Expense 42028 Other Expense 1800 Property Sub Type Single Family Residence Rent Control YN No Security Features Security Gate Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Total Actual Rent 4990 Trash Expense 228 Water Sewer Expense 728 Water Source Public

Listing provided courtesy of Stephanie Cismoski of Compass


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-06-19T19:35:26.973. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Najar Group | Keller Williams Realty. Licensed in the State of California, USA.
 
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