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Furnished Ocean-View Rental Unit
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464 Bent Street, Laguna Beach, CA 92651

Laguna Beach, CA

Property Size400 SF
Lot Size0.13 Acres
Price / SF$9.99
Days on Market143

Property Features for 464 Bent Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 1
Bathrooms 1
Rooms Bathroom 1, Bedroom 1, Laundry Room
Parking 1
Pets allowed Dogs OK, Breed Restrictions, Yes
Fireplace 1
Subdivision The Village (VIL)
Lot features Landscaped
View Water, Hills, City, Ocean, Canyon
Elementary school district Laguna Beach Unified
Middle school district Laguna Beach Unified
High school district Laguna Beach Unified
Directions Cross streets are Park Ave and Bent St.
Standard status Active
Size 400 SF
Lot size 0.13 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air, Ductless, ENERGY STAR Qualified Equipment
Water source Public

Amenities

private outdoor covered sitting area
ocean view deck
fire pit/table
BBQ
storage closet
washer and dryer
Flat Screen Smart LED TV
High Speed Fiber PRIVATE WIFI

Building Details

Year built 1948
Floors in Building 1
Number of units 1
Listing Agency: Surterre Properties
Listed By: Robert Karkoska · License #01343807
Added: May 27 Changed: Oct 15 Last Checked: Oct 16 at 1:06PM
MLS# LG26114967

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 400-square-foot furnished rental is one of three units in the property’s rear house. It includes a bedroom, bathroom, central heating and air conditioning, and private outdoor areas totaling approximately 350 square feet. The outdoor setup includes a covered seating area and a separate deck with ocean views. Furnishings and household items include a sleeper sofa, bedding, linens, kitchenware, and a television with streaming access.

The property is in Laguna Beach, near beaches and downtown village amenities. The listing describes ocean views, including views toward Catalina Island. One parking spot is included, along with access to two washers and dryers. Minimum stay is 30 nights.

Key Highlights

  • 400‑square‑foot rental unit within a three‑unit rear house
  • Approximately 350 square feet of private outdoor areas
  • Ocean views, including views toward Catalina Island

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$7,635
Suggested Prices Based on Cap Rates
Cap Rate 5%
$152,700 $152.7K
Cap Rate 7%
$109,071 $109.1K
Cap Rate 9%
$84,833 $84.8K
Market Conditions
NOI Build-Up for 400 SF
Gross rent
$14.4K $36.00/SF
− Vacancy
−$518 −$1.30/SF
EGI
$13.9K $34.70/SF
− OpEx
−$6.2K −$15.62/SF
NOI
$7.6K $19.09/SF
Area
Orange County, CA
Vacancy
3.60%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$152,700
Cap Rate 7%
$109,071
Cap Rate 9%
$84,833

Alternative Uses

Best Use
Apartment 5plus
$109.1K
$95.4K – $127.3K (±1% cap)
NOI $7,635 @ 7.0% cap · market cap 191.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$134.4K
$117.6K – $156.8K (±1% cap)
NOI $9,405 @ 7.0% cap · market cap 235.42%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Locksmith Storage Facility (Bike/Boat/Book/etc) Store Barber Shop Carpet & Flooring Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,252
Businesses Nearby

Demographics for 92651, CA

24,096
Population
13,913
Households
1.7
Avg Household Size
52
Median Age
68%
College-Educated
98%
High-School Grad
22.1 sq mi
ZIP Area
1,090
Density / Sq Mi
$143,569
Median Household Income
$77,830
Median Earnings
$2,812
Median Rent
$2,000,001
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - The furnished residence has private outdoor areas, laundry access, and parking.
Where is this short term rental property located?
The property is located at 464 Bent Street Laguna Beach, CA.
What are key features of this property?
This property features: 400‑square‑foot rental unit within a three‑unit rear house; Approximately 350 square feet of private outdoor areas; Ocean views, including views toward Catalina Island
More about this property
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