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Sold for $4,091,000
    • Listed by: Pavilion Properties • Paula Rayburn • Contact: 949-463-8974
    Bought with: Volant Realty Partners Inc
    $4,091,000

    134 Wave St, Laguna Beach, CA 92651

    7beds
    3,103sqft
    Triplex
    Built in 1954
    -- sqft lot
    $4,114,100 Zestimate®
    $1,318/sqft
    $7,840 Estimated rent

    Home value

    $4,114,100

    $3.78M - $4.48M

    $7,840/mo

    Zestimate® history
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    What's special

    Ocean viewsTwo-story duplexSought after streetSouth of coast highwayAttached garageUnattached garage
    OCEAN VIEWS !! NORTH LAGUNA!! SOUTH OF COAST HIGHWAY!! This Amazing property has it all! Situated on one of the most sought after streets in North Laguna! 134-136-138 Wave Street is currently a legal Triplex with a bonus unpermitted one bedroom/bath. Enjoy a leisurely stroll to the Beach, Heisler Park, Shaw's Cove and Crescent Bay! This triplex has been family-owned for over 50 years and has had minimal updating. It consists of (three) units plus a BONUS! Up front is a two-story duplex with (two) 2-Bedroom/1-bath units--one with an attached garage, and one with an unattached garage. The rear unit consists of (one) 2-bedroom/1-Bath upstairs unit with a garage. And the BONUS of an "unpermitted" 1-bedroom/1-bath. This property presents a once-in-a-lifetime North Laguna opportunity for someone who wants to update this triplex for incredible income potential, or make it their vacation home by the sea! Enjoy everything Laguna Beach has to offer--pristine & famed beaches, gourmet dining, art galleries, the Sawdust Festival and Pageant of the Masters!

    Zillow last checked:

    Listing updated:

    Listed by:

    Paula Rayburn DRE #00882686 949-463-8974,

    Pavilion Properties

    Bought with:

    William Paine, DRE #01879563

    Volant Realty Partners Inc

    Source: CRMLS,MLS#: NP25017486MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: All Bedrooms Down
    Bedroom
    • Features: All Bedrooms Up
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: Common Area
    Features
    • Cathedral Ceiling(s), All Bedrooms Up, All Bedrooms Down
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 3,103 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached Carport, Converted Garage, Deck
    • Attached garage spaces: 3
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: ground
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Catalina, City Lights, Coastline, Neighborhood, Ocean, Panoramic, Water
    • Has water view: Yes
    • Water view: Coastline,Ocean,Water
    • Waterfront features: Beach Access
    Lot
    • Size: 5,663 Square Feet
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 05315407
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Condition
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Street Lights
    • Subdivision: North Laguna (Nl)
    Location
    • Region: Laguna Beach

    Financial & listing details

    • Price per square foot: $1,318/sqft
    • Tax assessed value: $4,172,820
    • Date on market: 1/24/2025
    • Cumulative days on market: 4 days
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    3/7/2025Sold$4,091,000-6.9%$1,318/sqft
    Source: CRMLS #NP25017486 Report a problem
    2/26/2025Pending sale$4,395,000$1,416/sqft
    Source: CRMLS #NP25012996 Report a problem
    1/29/2025Contingent$4,395,000$1,416/sqft
    Source: CRMLS #NP25017486 Report a problem
    1/19/2025Listed for sale$4,395,000$1,416/sqft
    Source: CRMLS #NP25012996 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $4,172,820 +4.3%
    2025$43,446 +254.2%$4,000,000 +310.8%
    2024$12,266 -2.6%$973,609 +2%
    2023$12,587 +3.1%$954,519 +2%
    2022$12,213 +3.1%$935,803 +2%
    2021$11,846 +2.3%$917,454 +1%
    2020$11,574 $908,047 +2%
    2019$11,574 +2.3%$890,243 +2%
    2018$11,316 +4.8%$872,788 +2%
    2017$10,796 $855,675 +2%
    2016$10,796 +2.4%$838,898 +1.5%
    2015$10,546 +4.3%$826,297 +2%
    2014$10,113 $810,111 -44.9%
    2013-- $1,470,277 +86%
    2012-- $790,638 +7.1%
    2011-- $738,467 +7.5%
    2010-- $687,086 +9.3%
    2009-- $628,564 +2%
    2008-- $616,240 +2%
    2007-- $604,157 +9.4%
    2006-- $552,392 +2%
    2005-- $541,561 +2%
    2004-- $530,943 +1.9%
    2003-- $521,212 +8.3%
    2002-- $481,437 +7.7%
    2001$5,974 +4.8%$446,841 +2%
    2000$5,702 $438,080
    Find assessor info on the county website

    Neighborhood: 92651

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    Estimated market value
    $4,114,100
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    Estimated market value
    $4,114,100

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