Absolutely an exceptional investment/residential opportunity located within 3 blocks to the "sand" and the Pacific Ocean! This Laguna Village residence located within the heart of the "HIP" District, "Historic and Interesting Places"... this 7 block stretch along the Pacific Coast Hwy boasts 24 restaurants, 40 boutique shops as well as 20 art galleries and 5 hotels!! This single family residence currently contains 2 additional "legal, non-conforming" use rental properties that are currently occupied. Situated at approximately the corners of Oak St and Glenneyre, this 1560sqft home affords itself to numerous possibilities for its future use...This property resides on a 3000sqft corner lot which is walking distance to 4 of the top 10 surfing beaches in Laguna Beach and is currently listed on the Historic Property register in the city of Laguna Beach and may be subject to the benefits of the Mills Act for taxation purposes. A property like this rarely comes on the market every 50 years and is an outstanding opportunity for future renovation, remodeling and restoration. This corner lot configuration also offers a 2 car driveway, an enclosed yard area as well as a balcony located off a second floor living unit. Physical floor plan includes a main residence with hardwood floors, fire place, 2 bedrooms/ 2 baths as well as 2 additional studio units containing kitchens, bath, sleeping area and private access. This is absolutely a "lifestyle" property which offers "walkability" to all of the most desirable areas in Laguna Beach! This is truly all about location! Location! Location!
Sold for $2,250,000
Listed by: Harcourts Prime Properties • Bob Wolff • Contact: 949-248-1888
Bought with: DirectPads
$2,250,000
387 Oak St, Laguna Beach, CA 92651
4beds
1,561sqft
Single Family Residence
Built in 1928
3,000 Square Feet Lot
$2,997,200 Zestimate®
$1,441/sqft
$12,994 Estimated rent
Home value
$2,997,200
$2.67M - $3.42M
$12,994/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Bob Wolff DRE #01053562 bob@bobwolff.com,
Harcourts Prime Properties
Bought with:
Yazen Haddad, DRE #01936781
DirectPads
Source: CRMLS,MLS#: OC23080909
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Bedroom, Kitchen, Dining Room
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathtub, Separate Shower, Tub Shower
Kitchen
- Features: Tile Counters
Heating
- Fireplace(s), Wood, Wall Furnace
Cooling
- None
Appliances
- Included: Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Water Heater
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- Balcony, Block Walls, Separate/Formal Dining Room, Tile Counters, Bedroom on Main Level, Galley Kitchen
- Flooring: Carpet, Tile, Wood
- Doors: Sliding Doors
- Windows: Casement Window(s), Double Pane Windows, Insulated Windows, Plantation Shutters, Screens, Shutters
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,561 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Off Street, One Space, Side By Side
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Patio & porch: Deck, Stone, Tile
- Exterior features: Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: Block
- Has view: Yes
- View description: Ocean, Peek-A-Boo
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Ocean Side Of Freeway
Lot
- Size: 3,000 Square Feet
- Features: Corner Lot, Front Yard, Level, Paved, Rectangular Lot, Zero Lot Line
Details
- Parcel number: 64408302
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean,Spanish
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Raised, Slab
- Roof: Spanish Tile,Tile
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Overhead Utilities
Community & HOA
Community
- Features: Biking, Curbs, Dog Park, Hiking, Park, Storm Drain(s), Street Lights, Suburban, Sidewalks
- Security: Carbon Monoxide Detector(s), Fire Detection System, Smoke Detector(s), Security Lights
- Subdivision: The Village (Vil)
Location
- Region: Laguna Beach
Financial & listing details
- Price per square foot: $1,441/sqft
- Tax assessed value: $2,295,000
- Annual tax amount: $25,822
- Date on market: 5/17/2023
- Cumulative days on market: 163 days
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
- Exclusions: All Seller and Tenants personal belongings
- Road surface type: Alley Paved, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/28/2023 | Sold | $2,250,000-2%$1,441/sqft |
Source:  CRMLS #OC23080909 Report a problem | ||
| 10/30/2023 | Contingent | $2,295,000$1,470/sqft |
Source: CRMLS #OC23086632 Report a problem | ||
| 10/20/2023 | Listed for sale | $2,295,000$1,470/sqft |
Source: CRMLS #OC23086632 Report a problem | ||
| 10/5/2023 | Contingent | $2,295,000$1,470/sqft |
Source: CRMLS #OC23086632 Report a problem | ||
| 9/11/2023 | Listed for sale | $2,295,000$1,470/sqft |
Source: CRMLS #OC23086632 Report a problem | ||
| 8/30/2023 | Contingent | $2,295,000$1,470/sqft |
Source: CRMLS #OC23086632 Report a problem | ||
| 8/21/2023 | Price change | $2,295,000-4.2%$1,470/sqft |
Source: CRMLS #OC23080909 Report a problem | ||
| 8/2/2023 | Price change | $2,395,000-4%$1,534/sqft |
Source: CRMLS #OC23086632 Report a problem | ||
| 7/15/2023 | Price change | $2,495,000-3.9%$1,598/sqft |
Source: CRMLS #OC23086632 Report a problem | ||
| 6/21/2023 | Price change | $2,595,000-3.7%$1,662/sqft |
Source: CRMLS #OC23080909 Report a problem | ||
| 5/17/2023 | Listed for sale | $2,695,000+41.9%$1,726/sqft |
Source: CRMLS #OC23080909 Report a problem | ||
| 1/29/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/1/2019 | Listing removed | $2,500$2/sqft |
Source: Owner Report a problem | ||
| 7/15/2019 | Price change | $2,500-3.8%$2/sqft |
Source: Owner Report a problem | ||
| 7/6/2019 | Listed for rent | $2,600+11.8%$2/sqft |
Source: Owner Report a problem | ||
| 7/11/2017 | Listing removed | $2,325$1/sqft |
Source: Owner Report a problem | ||
| 7/8/2017 | Price change | $2,325-15.5%$1/sqft |
Source: Owner Report a problem | ||
| 5/30/2017 | Price change | $2,750+1.9%$2/sqft |
Source: Owner Report a problem | ||
| 5/15/2017 | Price change | $2,700+1.9%$2/sqft |
Source: Owner Report a problem | ||
| 5/7/2017 | Listed for rent | $2,650$2/sqft |
Source: Owner Report a problem | ||
| 2/17/2011 | Listing removed | $1,899,000$1,217/sqft |
Source: Steven Patrick Thomas #S640898 Report a problem | ||
| 12/8/2010 | Listed for sale | $1,899,000$1,217/sqft |
Source: Steven Patrick Thomas #S640898 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $25,822 +1.9% | $2,295,000 +2% |
| 2024 | $25,349 +566.4% | $2,250,000 +2273.6% |
| 2023 | $3,804 +5.9% | $94,793 +2% |
| 2022 | $3,593 +6% | $92,935 +2% |
| 2021 | $3,389 +5.8% | $91,113 +1% |
| 2020 | $3,204 | $90,179 +2% |
| 2019 | $3,204 +3.8% | $88,411 +2% |
| 2018 | $3,088 +7.1% | $86,678 +2% |
| 2017 | $2,883 | $84,979 +2% |
| 2016 | $2,883 +3.7% | $83,313 +1.5% |
| 2015 | $2,781 +6.7% | $82,062 +2% |
| 2014 | $2,605 | $80,455 +0.5% |
| 2013 | -- | $80,092 +2% |
| 2012 | -- | $78,522 +2% |
| 2011 | -- | $76,983 +0.8% |
| 2010 | -- | $76,408 -0.2% |
| 2009 | -- | $76,590 +2% |
| 2008 | -- | $75,089 +2% |
| 2007 | -- | $73,617 +2% |
| 2006 | -- | $72,174 +2% |
| 2005 | -- | $70,759 +2% |
| 2004 | -- | $69,372 +1.9% |
| 2003 | -- | $68,101 +2% |
| 2002 | -- | $66,766 +2% |
| 2001 | $1,555 +4.2% | $65,457 +2% |
| 2000 | $1,492 | $64,174 |
Find assessor info on the county website
Neighborhood: 92651
Nearby homes
- $1,972,6003 bd1 ba1.2k sqft389 Oak St, Laguna Beach, CA 92651Off Market
- $1,820,4002 bd2 ba1k sqft1125 Catalina, Laguna Beach, CA 92651Off Market
- $--1 bd1 ba350 sqft364 Oak St, Laguna Beach, CA 92651Off Market
- $2,638,3002 bd2 ba2k sqft1143 Catalina, Laguna Beach, CA 92651Off Market
- $2,765,4006 bd3 ba-- sqft1110 Glenneyre St, Laguna Beach, CA 92651Off Market
- $2,152,6001 bd1 ba823 sqft1136 Glenneyre St, Laguna Beach, CA 92651Off Market
- $3,030,0004 bd3 ba2k sqft368 Oak St, Laguna Beach, CA 92651Sold
- $--1 bd1 ba500 sqft368 Oak St #C, Laguna Beach, CA 92651Off Market
Nearby schools
GreatSchools rating
- 9/10Top Of The World Elementary SchoolGrades: K-5Distance: 1.6 mi
- 8/10Thurston Middle SchoolGrades: 6-8Distance: 1.2 mi
- 10/10Laguna Beach High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Top Of The World
- Middle: Thurston
- High: Laguna Beach
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$2,997,200
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Estimated market value
$2,997,200
- California
- Orange County
- Laguna Beach
- 92651
- 387 Oak St
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