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531-539 Catalina
Laguna Beach, CA 92651

$3,590,000 USD

Apartments For Sale  •  3,550 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,550 SF
  • Lot Size 0.13 AC
  • Building Class C
  • Year Built 1948
  • Cap Rate 4.00 %
  • Zoning R3
43 Transit Score
97 Walk Score

Highlights

Long-term pride of ownership, with the same attentive ownership for approximately 30+ years, reflected in the property’s strong maintenance.
Well-maintained asset featuring extensive brick hardscape and concrete improvements, including driveways, walkways, parking pads.
Highly desirable outdoor living features, with units offering access to decks, patios, and common entertaining areas.
Charming front 2BD/1BA residence featuring a private side patio, vaulted wood-beamed ceilings, and pitched composition roofing. 8 Parking Spots.
Functional unit features, including refrigerators, garbage disposals in all units, gas stoves/ovens in all non sleeping-room units, and 2 dishwashers.
Legal 8-unit property per Laguna Beach Real Property Report, 4 units are designated as 'sleeping room' units, No owner provide cooking / gas stove.

Financial Summary (Actual)

Net Operating Income: $143,647 USD (2025)
Cap Rate: 4.00 %
Total Expenses: $73,264 USD

Amenities

  • Cable Ready
  • Dishwasher
  • Disposal
  • Fireplace
  • Ceiling Fans
  • Oven
  • Carpet
  • Deck
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
John Wayne/Orange County 23 min - 15.1 mi
Long Beach (Daugherty Field) 45 min - 35.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Mark Bridge 949-681-8388 The Bridge Multifamily Team at Matthews
Mark Bridge 949-681-8388 The Bridge Multifamily Team at Matthews