Technical
Financial
Distress signals
Property profile

245 Cypress Dr Laguna Beach, CA 92651

OFF-MARKET
Residential income homes
Property ID
US09-1360225
2,602 SF 0.14 ac lot Built 1954
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1954
Total area 2,602 SF
Lot 0.14 ac (6,265 SF)
APN 496-094-08
UPID US09-1360225

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

245 Cypress Dr Laguna Beach, CA 92651-1737
Laguna Beach metro Census 62605 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.57M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.50M
Blend (final) Blend
$3.59M

Owner & transaction history

since 2021
Last sale
$3.5M
4 recorded transactions
2021
$3.5M
2018
$2.9M
2007
Price N/A
1997
$605,000

Zoning & alternative use

Top alternative use upside
Commercial (general) $2.4M +138.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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