$3,595,000
216 Cliff Drive, Laguna Beach CA 92651
Multi-Family (3 Units)
Property type
10 days
On market
$1,817
Price per sqft
1 car
Garage
N/A
Year built
3,514 sqft
Lot size
Home highlights
Open Houses
Overview
216 Cliff Drive is a rare 3-unit coastal multifamily on the prestigious Cliff Drive corridor in Laguna Beach. Two of three residences capture sweeping Pacific Ocean views. Detached 2BD/1BA front home, 1BD/1BA upper unit, and ground-level studio. Turnkey with over $500K in documented capital improvements including fully remodeled kitchens, baths, new electrical, PEX plumbing,...
Listing provided by: Michael O'Neill II DRE #02036937 949-809-3615, CB Richard Ellis, Inc.
Listing updated: Jun 3, 2026 at 07:20am.
Last checked: Jun 3, 2026 at 08:00am
Source: CRMLS #26838851
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $6,000 | $0 | $72,000 | Unfurnished |
| 1 | 1 | 1 | — | $4,500 | $0 | $54,000 | Unfurnished |
| 1 | 0 | 1 | — | $3,000 | $0 | $36,000 | Unfurnished |
# of Buildings: 2
# of Units Total: 3
Financial Snapshot
Gross Rent Multiplier
22.2x
List Price / Annual Gross Rent
Cap Rate
3.01%
NOI / List Price
Net Operating Income: $108,291
Interior
Cooling: None
Heating: None
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking: Door Single, Garage
Garage Spaces: 1
Parking Total: 1
Lot Information
Land Lease: No
Parcel #: 49609417
Lot Size Dimensions: 34x103
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 216 Cliff Drive, Laguna Beach, CA 92651. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,876,000
Total Interest
$3,668,179
Total Payment
$6,544,179
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$22,073
per month
Property History for 216 Cliff Drive
Laguna Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92651.
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