30802 Coast Hwy Unit K53 · Laguna Beach, CA 92651

$824,995

3 bd · 2.0 ba · 1,770 sqft · Manufactured · 574 Days on market

Built 2024 Excellent condition $466/sqft · 67% above area ↓ 7% since listing

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +29.2/30.0
• DSCR +10.0/10.0
• 1% rule +8.2/10.0
• Appreciation +8.1/10.0
• ARV discount +7.5/15.0
• Condition / age +4.8/5.0
• Livability +3.4/5.0
• Schools +2.6/10.0
• Rent growth +2.4/5.0

Listing remarks MLS

Just Completed. Perfectly Positioned. Truly One of One. Ideally located in the highly sought-after Laguna Terrace Community in South Laguna, this newly completed residence offers a rare opportunity to live moments from the coast while enjoying elevated privacy and canyon serenity. Positioned above Pacific Coast Highway—directly across from the iconic Montage Laguna Beach Resort, Aliso Beach Park, Treasure Island Beach, and Victoria Beach—the location is unmatched. A nearby trolley stop adds effortless access to historic Laguna Beach Village, where world-class dining, shopping, galleries, and renowned art events await. Thoughtfully designed with meticulous attention to detail, the home spans 1,770 sq. ft. with soaring 9-foot ceilings, 8-foot doors, and an abundance of oversized windows that flood the interior with natural light while framing peaceful canyon views. The open-concept floorplan seamlessly connects the kitchen, dining, and living areas—ideal for both entertaining and everyday living. The layout includes two spacious bedrooms with ensuite baths, offering privacy and comfort along with a versatile flex space perfect for a home office, den, or third bedroom. A generous wrap-around deck extends the living space outdoors, creating the perfect setting to relax, entertain, and take in the tranquil surroundings. As part of the private Laguna Terrace community, residents enjoy resort-style amenities including a year-round heated pool, spa, clubhouse, and fitness center—all without HOA fees or the added expense of real estate taxes on the land. There is a monthly land lease of $5,100/month with an annual increase of 3% or the CPI (whichever is greater). Homes of this caliber, condition, and location rarely come to market. This is coastal Laguna living at its most exclusive—and opportunities like this don’t last. Home Serial#s:235ACPHA002004ASC/BSC/CSC

Key facts

• Move-in ready
• Ensuite bathroom
• Home office

Tags

• HOME OFFICE
• ENSUITE BATHROOM
• MOVE-IN READY

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $825k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $3k ($34k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($11k rent vs $825k).
• Recommended offer: $726k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.5% vs local median 0.7% in Laguna Beach — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#276 in CA) — a middle-class / working-renter tenant base. Strengths: schools A+, employment A+, crime A; Watch: commute D+, amenities F, cost of living F.
• Laguna Beach Unified (suburban): math 25% / reading 25% proficiency, ranked #343 of 517 in CA (top 66%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; only 8% free/reduced lunch — higher-income household profile.
• Market conditions: Rents soft (-0.2%/yr); 221 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 48% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 6,974 units permitted in Orange County in 2024 (3,839 in 5+ unit buildings).
• At $10,863/mo this rent would consume 89% of the median local household income ($147k/yr) (locally 1265% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $57k of equity ($6k loan paydown + $51k appreciation (6.2% local appreciation)).
• Orange County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (6.2% appreciation + 0.0% rent growth), your $231k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$91k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 574 days — a 12% lower offer ($726k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $725,995 (12.0% below list)

Questions for the listing agent

1. It's been on market 574 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.32% ✓
• Cap rate: 10.48%
• Cash-on-cash: 14.96%
• DSCR: 1.67
• GRM: 6.3

CMA / ARV

• ARV (median comp): $495,444
• List price: $824,995
• Delta: 66.52%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
30802 S Coast Hwy Unit K48	0.22mi	3/2.0	1,750 (-1%)	10mo	$549,000	$314	80
30802 Coast Hwy Unit K11	0.22mi	3/2.0	1,685 (-5%)	4mo	$525,000	$312	78
30802 Coast Hwy Unit K39	0.22mi	3/2.0	1,680 (-5%)	8mo	$650,000	$387	75
30802 Coast Unit K41	0.22mi	3/2.0	1,536 (-13%)	1mo	$490,000	$319	67
30802 S Coast Hwy Unit K44	0.22mi	3/1.5	1,560 (-12%)	9mo	$605,000	$388	61

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

6.19% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 26.2%
• Equity multiple: 2.71×
• Total profit: $395,166
• Equity at exit: $528,623

10-year hold

• IRR: 23.2%
• Equity multiple: 5.17×
• Total profit: $962,941
• Equity at exit: $967,380

Cash invested: $230,999 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 92651

• Home prices YoY: 1.6%
• Rents YoY: -0.2%
• Active inventory: 221
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $10,863 high
• Mortgage (P&I): −$4,326
• Tax est. 1.5%: −$1,031 /mo · $12,375/yr
• Insurance: −$344
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$2,281
• Net cashflow: $2,814

Break-even live

Break-even rent $7,301

Max offer price $824,995

Occupancy floor 69%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $206,249
• Closing costs: $24,750
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
20 Blue Lagoon Laguna Beach, CA	3.0	3.0	1792	$9,000	$5.02	25d	1	0.05mi
22 Blue Lagoon Laguna Beach, CA	3.0	3.5	1775	$10,500	$5.92	19d	1	0.05mi
51 Blue Lagoon Laguna Beach, CA	3.0	3.0	1792	$15,000	$8.37	25d	1	0.11mi
81 Blue Lagoon Laguna Beach, CA	3.0	3.0	1700	$11,000	$6.47	44d	1	0.15mi
106 Blue Lagoon Laguna Beach, CA	4.0	3.0	1948	$15,000	$7.70	44d	1	0.16mi
102 Blue Lagoon Laguna Beach, CA	3.0	3.0	1700	$15,000	$8.82	6d	1	0.18mi
30722 Marilyn Dr Laguna Beach, CA	3.0	3.0	1935	$12,500	$6.46	44d	1	0.20mi
2966 Terry Rd Laguna Beach, CA	3.0	2.0	1650	$9,850	$5.97	18d	1	0.28mi
30811 Driftwood Dr Laguna Beach, CA	2.0	2.0	2123	$10,000	$4.71	44d	1	0.29mi
2915 Rounsevel Ter Laguna Beach, CA	3.0	2.0	1300	$10,000	$7.69	44d	1	0.31mi
30872 Marilyn Dr Laguna Beach, CA	3.0	2.0	1412	$7,800	$5.52	25d	1	0.31mi
30872 Marilyn Dr Laguna Beach, CA	3.0	2.0	1412	$7,800	$5.52	44d	1	0.31mi
2896 Terry Rd Laguna Beach, CA	4.0	3.0	2500	$16,000	$6.40	25d	1	0.33mi
2691 Victoria Dr Laguna Beach, CA	3.0	3.0	2388	$25,000	$10.47	21d	1	0.43mi
31032 Aliso Cir Laguna Beach, CA	2.0	2.0	1560	$8,500	$5.45	44d	1	0.44mi
2740 Highland Way Laguna Beach, CA	3.0	2.5	1867	$8,500	$4.55	44d	1	0.44mi
2680 Victoria Dr Laguna Beach, CA	3.0	3.5	1957	$18,500	$9.45	25d	1	0.45mi
6 Rockledge Rd Laguna Beach, CA	4.0	3.5	2457	$60,000	$24.42	25d	1	0.55mi
151 Rockledge Ter Laguna Beach, CA	2.0	2.0	1267	$12,000	$9.47	44d	1	0.56mi
599 Alta Vista Way Laguna Beach, CA	3.0	2.5	2100	$14,900	$7.10	14d	1	0.63mi
785 Alta Vista Way Laguna Beach, CA	3.0	2.5	2010	$9,800	$4.88	25d	1	0.72mi
820 Acapulco St Laguna Beach, CA	4.0	2.5	2144	$6,500	$3.03	5d	1	0.73mi
855 Santa Ana St Laguna Beach, CA	4.0	3.5	2331	$13,500	$5.79	44d	1	0.76mi
805 Katella St Laguna Beach, CA	3.0	3.0	2345	$9,250	$3.94	25d	1	0.76mi
31292 Monterey St Laguna Beach, CA	4.0	3.5	2400	$18,000	$7.50	25d	1	0.77mi
882 Acapulco St Laguna Beach, CA	3.0	2.5	1906	$7,800	$4.09	8d	1	0.77mi
7 Camel Point Dr Laguna Beach, CA	4.0	4.0	2065	$50,000	$24.21	44d	1	0.77mi
883 Katella St Laguna Beach, CA	3.0	2.5	1760	$10,800	$6.14	44d	1	0.80mi
915 Miramar St Laguna Beach, CA	3.0	2.0	1260	$6,995	$5.55	18d	1	0.80mi
989 La Mirada St Laguna Beach, CA	3.0	2.0	1391	$8,900	$6.40	44d	1	0.87mi
989 La Mirada St Laguna Beach, CA	3.0	2.5	1491	$7,800	$5.23	5d	1	0.87mi
2192 Crestview Dr Laguna Beach, CA	3.0	3.0	1622	$14,000	$8.63	44d	1	0.88mi
191 Ruby St Laguna Beach, CA	3.0	2.0	1600	$9,500	$5.94	44d	1	0.91mi
161 Ruby St Laguna Beach, CA	3.0	2.0	1463	$9,750	$6.66	44d	1	0.91mi
274 Diamond St Laguna Beach, CA	3.0	2.5	2500	$7,500	$3.00	21d	1	1.00mi
1185 Noria St Laguna Beach, CA	4.0	2.0	1922	$10,000	$5.20	19d	1	1.01mi
1855 Glenneyre St Laguna Beach, CA	3.0	3.0	1680	$8,950	$5.33	44d	1	1.08mi
154 Pearl St Laguna Beach, CA	3.0	3.0	1600	$13,500	$8.44	44d	1	1.12mi
156 Pearl St Laguna Beach, CA	3.0	2.0	1600	$15,000	$9.38	19d	1	1.12mi
31561 Table Rock Dr Laguna Beach, CA	2.0	2.0–2.5	1186	$13,200	$11.13	44d	2	1.16mi

Listing history 21 events

1. 2026-06-18
   days on market $824,995 Active 574 DOM
2. 2026-06-17
   days on market $824,995 Active 573 DOM
3. 2026-06-16
   days on market $824,995 Active 572 DOM
4. 2026-06-15
   days on market $824,995 Active 571 DOM
5. 2026-06-13
   days on market $824,995 Active 569 DOM
6. 2026-06-13
   days on market $824,995 Active 568 DOM
7. 2026-06-09
   days on market $824,995 Active 565 DOM
8. 2026-06-08
   days on market $824,995 Active 564 DOM
9. 2026-06-07
   days on market $824,995 Active 563 DOM
10. 2026-06-04
    days on market $824,995 Active 560 DOM
11. 2026-06-03
    days on market $824,995 Active 559 DOM
12. 2026-06-02
    days on market $824,995 Active 558 DOM
13. 2026-06-01
    days on market $824,995 Active 557 DOM
14. 2026-05-31
    days on market $824,995 Active 556 DOM
15. 2026-03-13
    price $849,900 1920-char remark

    Show marketing remark (1920 chars)

    Just Completed. Perfectly Positioned. Truly One of One. Ideally located in the highly sought-after Laguna Terrace Community in South Laguna, this newly completed residence offers a rare opportunity to live moments from the coast while enjoying elevated privacy and canyon serenity. Positioned above Pacific Coast Highway—directly across from the iconic Montage Laguna Beach Resort, Aliso Beach Park, Treasure Island Beach, and Victoria Beach—the location is unmatched. A nearby trolley stop adds effortless access to historic Laguna Beach Village, where world-class dining, shopping, galleries, and renowned art events await. Thoughtfully designed with meticulous attention to detail, the home spans 1,770 sq. ft. with soaring 9-foot ceilings, 8-foot doors, and an abundance of oversized windows that flood the interior with natural light while framing peaceful canyon views. The open-concept floorplan seamlessly connects the kitchen, dining, and living areas—ideal for both entertaining and everyday living. The layout includes two spacious bedrooms with ensuite baths, offering privacy and comfort along with a versatile flex space perfect for a home office, den, or third bedroom. A generous wrap-around deck extends the living space outdoors, creating the perfect setting to relax, entertain, and take in the tranquil surroundings. As part of the private Laguna Terrace community, residents enjoy resort-style amenities including a year-round heated pool, spa, clubhouse, and fitness center—all without HOA fees or the added expense of real estate taxes on the land. There is a monthly land lease of $5,100/month with an annual increase of 3% or the CPI (whichever is greater). Homes of this caliber, condition, and location rarely come to market. This is coastal Laguna living at its most exclusive—and opportunities like this don’t last. Home Serial#s:235ACPHA002004ASC/BSC/CSC

16. 2025-08-15
    price $895,900 1920-char remark

    Show marketing remark (1920 chars)

    Just Completed. Perfectly Positioned. Truly One of One. Ideally located in the highly sought-after Laguna Terrace Community in South Laguna, this newly completed residence offers a rare opportunity to live moments from the coast while enjoying elevated privacy and canyon serenity. Positioned above Pacific Coast Highway—directly across from the iconic Montage Laguna Beach Resort, Aliso Beach Park, Treasure Island Beach, and Victoria Beach—the location is unmatched. A nearby trolley stop adds effortless access to historic Laguna Beach Village, where world-class dining, shopping, galleries, and renowned art events await. Thoughtfully designed with meticulous attention to detail, the home spans 1,770 sq. ft. with soaring 9-foot ceilings, 8-foot doors, and an abundance of oversized windows that flood the interior with natural light while framing peaceful canyon views. The open-concept floorplan seamlessly connects the kitchen, dining, and living areas—ideal for both entertaining and everyday living. The layout includes two spacious bedrooms with ensuite baths, offering privacy and comfort along with a versatile flex space perfect for a home office, den, or third bedroom. A generous wrap-around deck extends the living space outdoors, creating the perfect setting to relax, entertain, and take in the tranquil surroundings. As part of the private Laguna Terrace community, residents enjoy resort-style amenities including a year-round heated pool, spa, clubhouse, and fitness center—all without HOA fees or the added expense of real estate taxes on the land. There is a monthly land lease of $5,100/month with an annual increase of 3% or the CPI (whichever is greater). Homes of this caliber, condition, and location rarely come to market. This is coastal Laguna living at its most exclusive—and opportunities like this don’t last. Home Serial#s:235ACPHA002004ASC/BSC/CSC

17. 2025-07-11
    price $949,995 1920-char remark

    Show marketing remark (1920 chars)

    Just Completed. Perfectly Positioned. Truly One of One. Ideally located in the highly sought-after Laguna Terrace Community in South Laguna, this newly completed residence offers a rare opportunity to live moments from the coast while enjoying elevated privacy and canyon serenity. Positioned above Pacific Coast Highway—directly across from the iconic Montage Laguna Beach Resort, Aliso Beach Park, Treasure Island Beach, and Victoria Beach—the location is unmatched. A nearby trolley stop adds effortless access to historic Laguna Beach Village, where world-class dining, shopping, galleries, and renowned art events await. Thoughtfully designed with meticulous attention to detail, the home spans 1,770 sq. ft. with soaring 9-foot ceilings, 8-foot doors, and an abundance of oversized windows that flood the interior with natural light while framing peaceful canyon views. The open-concept floorplan seamlessly connects the kitchen, dining, and living areas—ideal for both entertaining and everyday living. The layout includes two spacious bedrooms with ensuite baths, offering privacy and comfort along with a versatile flex space perfect for a home office, den, or third bedroom. A generous wrap-around deck extends the living space outdoors, creating the perfect setting to relax, entertain, and take in the tranquil surroundings. As part of the private Laguna Terrace community, residents enjoy resort-style amenities including a year-round heated pool, spa, clubhouse, and fitness center—all without HOA fees or the added expense of real estate taxes on the land. There is a monthly land lease of $5,100/month with an annual increase of 3% or the CPI (whichever is greater). Homes of this caliber, condition, and location rarely come to market. This is coastal Laguna living at its most exclusive—and opportunities like this don’t last. Home Serial#s:235ACPHA002004ASC/BSC/CSC

18. 2025-06-26
    price $949,950 1920-char remark

    Show marketing remark (1920 chars)

    Just Completed. Perfectly Positioned. Truly One of One. Ideally located in the highly sought-after Laguna Terrace Community in South Laguna, this newly completed residence offers a rare opportunity to live moments from the coast while enjoying elevated privacy and canyon serenity. Positioned above Pacific Coast Highway—directly across from the iconic Montage Laguna Beach Resort, Aliso Beach Park, Treasure Island Beach, and Victoria Beach—the location is unmatched. A nearby trolley stop adds effortless access to historic Laguna Beach Village, where world-class dining, shopping, galleries, and renowned art events await. Thoughtfully designed with meticulous attention to detail, the home spans 1,770 sq. ft. with soaring 9-foot ceilings, 8-foot doors, and an abundance of oversized windows that flood the interior with natural light while framing peaceful canyon views. The open-concept floorplan seamlessly connects the kitchen, dining, and living areas—ideal for both entertaining and everyday living. The layout includes two spacious bedrooms with ensuite baths, offering privacy and comfort along with a versatile flex space perfect for a home office, den, or third bedroom. A generous wrap-around deck extends the living space outdoors, creating the perfect setting to relax, entertain, and take in the tranquil surroundings. As part of the private Laguna Terrace community, residents enjoy resort-style amenities including a year-round heated pool, spa, clubhouse, and fitness center—all without HOA fees or the added expense of real estate taxes on the land. There is a monthly land lease of $5,100/month with an annual increase of 3% or the CPI (whichever is greater). Homes of this caliber, condition, and location rarely come to market. This is coastal Laguna living at its most exclusive—and opportunities like this don’t last. Home Serial#s:235ACPHA002004ASC/BSC/CSC

19. 2025-04-02
    price $989,950 1920-char remark

    Show marketing remark (1920 chars)

    Just Completed. Perfectly Positioned. Truly One of One. Ideally located in the highly sought-after Laguna Terrace Community in South Laguna, this newly completed residence offers a rare opportunity to live moments from the coast while enjoying elevated privacy and canyon serenity. Positioned above Pacific Coast Highway—directly across from the iconic Montage Laguna Beach Resort, Aliso Beach Park, Treasure Island Beach, and Victoria Beach—the location is unmatched. A nearby trolley stop adds effortless access to historic Laguna Beach Village, where world-class dining, shopping, galleries, and renowned art events await. Thoughtfully designed with meticulous attention to detail, the home spans 1,770 sq. ft. with soaring 9-foot ceilings, 8-foot doors, and an abundance of oversized windows that flood the interior with natural light while framing peaceful canyon views. The open-concept floorplan seamlessly connects the kitchen, dining, and living areas—ideal for both entertaining and everyday living. The layout includes two spacious bedrooms with ensuite baths, offering privacy and comfort along with a versatile flex space perfect for a home office, den, or third bedroom. A generous wrap-around deck extends the living space outdoors, creating the perfect setting to relax, entertain, and take in the tranquil surroundings. As part of the private Laguna Terrace community, residents enjoy resort-style amenities including a year-round heated pool, spa, clubhouse, and fitness center—all without HOA fees or the added expense of real estate taxes on the land. There is a monthly land lease of $5,100/month with an annual increase of 3% or the CPI (whichever is greater). Homes of this caliber, condition, and location rarely come to market. This is coastal Laguna living at its most exclusive—and opportunities like this don’t last. Home Serial#s:235ACPHA002004ASC/BSC/CSC

20. 2025-01-31
    price $1,025,995 1920-char remark

    Show marketing remark (1920 chars)

    Just Completed. Perfectly Positioned. Truly One of One. Ideally located in the highly sought-after Laguna Terrace Community in South Laguna, this newly completed residence offers a rare opportunity to live moments from the coast while enjoying elevated privacy and canyon serenity. Positioned above Pacific Coast Highway—directly across from the iconic Montage Laguna Beach Resort, Aliso Beach Park, Treasure Island Beach, and Victoria Beach—the location is unmatched. A nearby trolley stop adds effortless access to historic Laguna Beach Village, where world-class dining, shopping, galleries, and renowned art events await. Thoughtfully designed with meticulous attention to detail, the home spans 1,770 sq. ft. with soaring 9-foot ceilings, 8-foot doors, and an abundance of oversized windows that flood the interior with natural light while framing peaceful canyon views. The open-concept floorplan seamlessly connects the kitchen, dining, and living areas—ideal for both entertaining and everyday living. The layout includes two spacious bedrooms with ensuite baths, offering privacy and comfort along with a versatile flex space perfect for a home office, den, or third bedroom. A generous wrap-around deck extends the living space outdoors, creating the perfect setting to relax, entertain, and take in the tranquil surroundings. As part of the private Laguna Terrace community, residents enjoy resort-style amenities including a year-round heated pool, spa, clubhouse, and fitness center—all without HOA fees or the added expense of real estate taxes on the land. There is a monthly land lease of $5,100/month with an annual increase of 3% or the CPI (whichever is greater). Homes of this caliber, condition, and location rarely come to market. This is coastal Laguna living at its most exclusive—and opportunities like this don’t last. Home Serial#s:235ACPHA002004ASC/BSC/CSC

21. 2024-11-21
    listed $914,900 Active 1920-char remark

    Show marketing remark (1920 chars)

    Just Completed. Perfectly Positioned. Truly One of One. Ideally located in the highly sought-after Laguna Terrace Community in South Laguna, this newly completed residence offers a rare opportunity to live moments from the coast while enjoying elevated privacy and canyon serenity. Positioned above Pacific Coast Highway—directly across from the iconic Montage Laguna Beach Resort, Aliso Beach Park, Treasure Island Beach, and Victoria Beach—the location is unmatched. A nearby trolley stop adds effortless access to historic Laguna Beach Village, where world-class dining, shopping, galleries, and renowned art events await. Thoughtfully designed with meticulous attention to detail, the home spans 1,770 sq. ft. with soaring 9-foot ceilings, 8-foot doors, and an abundance of oversized windows that flood the interior with natural light while framing peaceful canyon views. The open-concept floorplan seamlessly connects the kitchen, dining, and living areas—ideal for both entertaining and everyday living. The layout includes two spacious bedrooms with ensuite baths, offering privacy and comfort along with a versatile flex space perfect for a home office, den, or third bedroom. A generous wrap-around deck extends the living space outdoors, creating the perfect setting to relax, entertain, and take in the tranquil surroundings. As part of the private Laguna Terrace community, residents enjoy resort-style amenities including a year-round heated pool, spa, clubhouse, and fitness center—all without HOA fees or the added expense of real estate taxes on the land. There is a monthly land lease of $5,100/month with an annual increase of 3% or the CPI (whichever is greater). Homes of this caliber, condition, and location rarely come to market. This is coastal Laguna living at its most exclusive—and opportunities like this don’t last. Home Serial#s:235ACPHA002004ASC/BSC/CSC

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone X (unshaded) · 79% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥86°F today · 22 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $130,352
• − Mortgage interest: −$46,213
• − Property taxes: −$12,375
• − Insurance: −$4,922
• − Repairs & maintenance: −$10,428
• − Management: −$10,428
• − Depreciation: −$24,000
• Taxable income: $21,986
• Est. tax owed @ 24.0%: −$5,277
• After-tax cash flow: $28,487/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Excellent 95/100 None rehab

This newly completed manufactured home in Laguna Beach is in excellent condition with no visible repairs needed. It offers a prime location and high-end finishes, making it an ideal investment for both resale and rental.

Value-add opportunities

• Both Painting exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics.
• Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract more potential buyers/tenants.
• Rental HVAC maintenance — A well-maintained HVAC system can attract more tenants and reduce utility costs.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics. ↑
• Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract more potential buyers/tenants. ↑
• Rental HVAC maintenance — A well-maintained HVAC system can attract more tenants and reduce utility costs. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Laguna Beach Unified
• NCES district ID: 0620370
• Math proficiency: 25% ▼ -53.00%
• Reading proficiency: 25% ▼ -58.00%
• Median HH income: $92,428
• Composite: 26.12/100
• National rank: #7282
• State rank: #343 of 517 in CA

Livability — Laguna Beach

• Score: 68/100
• State rank: #276
• US rank: #9291

Category grades

Amenities F Commute D+ Cost of living F Crime A Employment A+ Housing B- Health & safety F User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Laguna Beach, CA
• County: Orange County · 3,096,323 people
• City population: 23,557
• Metro: Los Angeles-Long Beach-Anaheim, CA
• Population (ZIP): 23,557
• Household income: $146,604
• Rent vs Own: 33.0% rent · 67.0% own
• Severe rent burden: 1265.0

Population outlook (Orange County) Hauer SSP2

• Today (2025): 3,477,456 people
• By 2030: 3,613,117 · +3.9%
• By 2040: 3,835,945 · +10.3%
• By 2050: 3,968,736 · +14.1%
• By 2075: 4,097,053 · +17.8%
• By 2100: 3,903,633 · +12.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Hispanic / Latino 9% Two or more races 9% Asian 4%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Slovak 5% Lithuanian 4% Italian 3%
• Foreign-born: 11% · Canada, South Korea
• Languages at home: 86% English-only · Spanish 6% Other Indo-European 3% German/W. Germanic 2%

Political lean MEDSL · Orange

• 2024 margin: Toss-up / Even · D 49.7% · R 47.1% · Other 3.2%
• 2008→2024 swing: +5.2pp toward D · 2008: -2.6pp · 2024: 2.6pp
• All cycles: 2024: D+2.6 2020: D+9.0 2016: D+7.7 2012: R+8.3 2008: R+2.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 6.19%
• Current HPI: 397.9008
• Rent YoY: ▼ -0.21%
• Metro: Los Angeles-Long Beach-Anaheim, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

-7.1% since first listed

7 events — show timeline

• 2026-03-13 Price Changed $849,900 CRMLS
• 2025-08-15 Price Changed $895,900 CRMLS
• 2025-07-11 Price Changed $949,995 CRMLS
• 2025-06-26 Price Changed $949,950 CRMLS
• 2025-04-02 Price Changed $989,950 CRMLS
• 2025-01-31 Price Changed $1,025,995 CRMLS
• 2024-11-21 Listed $914,900 CRMLS