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Listed price in listed location currency (USD).
$5,695,000

004

MLS® LG26012169

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes 
Days Active 20
Approx. Age 1956
MLS® Number LG26012169

Property Address: 437 Cypress Dr, Laguna Beach, CA, 92651-1701

Average square foot calculated using Size range provided by listing agent.

Description

Located in highly desirable North Laguna Beach, 437 Cypress Drive is a well-positioned coastal multifamily investment property comprising five rentable units in one of Southern California’s most supply-constrained rental markets. The property is situated on an approximately 5, 900 sq ft R3-zoned lot and benefits from a strong rental history and close proximity to beaches, downtown Laguna Beach, dining, shopping, and cultural attractions. The asset features a diverse and flexible unit mix, including two larger three-bedroom residences suitable for owner-occupancy or premium rentals, along with two studios and a one-bedroom unit that appeal to long-term tenant demand. The property has been well maintained and thoughtfully updated during the current owner’s tenure, including the remodel of the owner’s ocean-view quarters, reflecting pride of ownership and long-term stewardship. Property amenities include private outdoor spaces, garage parking, in-unit and on-site laundry, community storage, and shared outdoor gathering and barbecue areas. With classic cottage architecture, efficient floor plans, and a convenient North Laguna location near Heisler Park and Main Beach, this five-unit property offers durable leasing demand and long-term value. Long-term ownership, consistent upkeep, and recent improvements enhance the appeal for an owner-user or long-term investor seeking stable income, tax advantages, and ongoing equity growth.
MLS® NumberLG26012169
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area, Inside, See Remarks
Exposure
Exterior
GarageYes
Approx. Age1956
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 17, 2026List Date
$5,695,000List Price
  • Commute

Commute

Starting Address
Destination Address
437 Cypress Dr, Laguna Beach, CA

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