2003 Hidden Valley Canyon Road

    Laguna Beach, CA 92651
    • $1,295,000
    • STATUS: Active
    • ON SITE: 68 days
    • ID#: LG20055807
    UPDATED: 75 min ago
    $1,295,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 824
      SQFT
    • $1,572
      $/SQFT
    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. The original 1 bedroom cottage, built in 1928 and used to house the visiting Olympians, was one of the 6 survivors of the 1993 fires. 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. These properties have been generating income since 2016.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-24T18:25:38.703. 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 Allison James Estates and Homes. Licensed in the State of California, USA.

    www.teamforss.com/homes/104218421

    2003 Hidden Valley Canyon Road Laguna Beach, CA 92651

    • Price: $1,295,000
    • Status: Active
    • Updated: 75 min ago
    • ID#: LG20055807
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    824
    SQFT
    $1,572
    $/SQFT
    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. The original 1 bedroom cottage, built in 1928 and used to house the visiting Olympians, was one of the 6 survivors of the 1993 fires. 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. These properties have been generating income since 2016.
    Exterior Features

    Architectural Style Cottage Carport Spaces 1.00 Fence YN Yes Fencing Wood Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features Attached CarportDrivewayGuestOn Site Parking Total 2.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Surface Type Paved View HillsNeighborhoodTrees/Woods View YN Yes

    Interior Features

    Appliances Free-Standing RangeFreezerDisposalMicrowaveRefrigerator Appliances YN Yes Average Studio Area 420 Average Studio Area Units Square Feet Average1 Bed Area 404 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetTileWood Heating Wall Furnace Heating YN Yes Laundry Features Individual RoomOutside Levels One Room Type Living Room

    Property Features

    Additional Parcels YN No Association Amenities Maintenance GroundsControlled Access Association Fee 150.00 Association Fee Frequency Monthly Association YN Yes Building Area Units Square Feet Cap Rate 2.80 Community Features Valley Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 53940.00 Gross Scheduled Income 53940.00 Insurance Expense 851.00 Land Lease YN No Laundry YN Yes Net Operating Income 36088.10 New Construction YN No New Taxes Expense 14245.00 Number Of Separate Electric Meters 0 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Number Of Units Leased 2 Number Wall AC 1 Number With Carpet 0 Number With Dishwasher 0 Number With Disposal 2 Number With Patio 2 Number With Range 2 Number With Refrigerator 2 Operating Expense 17851.90 Other Expense 1800.00 Other Expense Description Hoa Rent Control YN No Security Features Gated Community Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Hidden Valley Canyon Tenant Pays Cable TvTelephone Total Actual Rent 4495.00 Total Expenses 17851.90 Trash Expense 227.90 Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer ConnectedWater Available Water Sewer Expense 728.00 Water Source Public Year Built Source Public Records

    Listing provided courtesy of Stephanie Cismoski of Re/Max Coastal Luxury


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-24T18:25:38.703. 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 Allison James Estates and Homes. Licensed in the State of California, USA.

     
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