$17,500,000
506 N. Coast Hwy., Laguna Beach CA 92651
Multi-Family (8 Units)
Property type
123 days
On market
$3,182
Price per sqft
8 cars
Garage
1920
Year built
13,774 sqft
Lot size
Home highlights
Open Houses
Overview
Opportunity Knocks. Arabella Laguna is a rare trophy property, held under the same ownership since 1976, offering exceptional versatility and irreplaceable income potential. Currently operating as a highly successful short-term rental compound, it may also serve as a private residence with income, multi generational family compound, or long-term rental...
Listing provided by: Connie Maxsenti DRE #00482592 714-745-0027, Coldwell Banker Realty
Listing updated: May 24, 2026 at 03:43pm.
Last checked: Jun 3, 2026 at 02:00pm
Source: CRMLS #LG26020416
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 0 | 1 | 1 | $0 | $0 | $0 | Negotiable |
| 4 | 1 | 1 | 1 | $0 | $0 | $0 | Negotiable |
| 1 | 1 | 1 | 1 | $0 | $0 | $0 | Negotiable |
| 1 | 2 | 2 | 1 | $0 | $0 | $0 | Negotiable |
# of Buildings: 4
# of Units Total: 8
Separate Electric Meters: 8
Separate Gas Meters: 8
Separate Water Meters: 2
Dishwasher: 8
Disposal: 8
Ranges: 8
Refrigerator: 8
Rent Control: No
Units Leased: 8
Tenant Pays: None
Financial Snapshot
Gross Rent Multiplier
17.5x
List Price / Annual Gross Rent
Cap Rate
0.89%
NOI / List Price
Gross Scheduled Income: $1,000,000
Vacancy Allowance Rate: 25%
Operating Expense: $188,652
Net Operating Income: $156,352
Annual Operating Expenses
Electric: $2,500
Gardener: $12,000
Fuel: $2,500
Insurance: $37,000
New Taxes: $187,438
Professional Management: $13,200
Trash: $0
Water / Sewer: $4,500
Other Expense: $50,000
Interior
Interior Features: Beamed Ceilings, Block Walls, Ceiling Fans, Crown Molding, Open Floor Plan, Pantry, Stone Counters, Storage, Main Floor Bedroom, Galley Kitchen, Walk-in Pantry
Room Type: Bedroom, Great Room, Kitchen, Laundry, Living Room, Office, Pantry
Flooring: Stone, Wood
Cooling: Dual, Electric, High Efficiency, Wall Window Units
Heating: Combination, Wall Furnace
Appliances: Six Burner Stove, Barbecue, Convection Oven, Double Oven, Dishwasher, Free Standing Range, Freezer, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Indoor Grill, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water To Refrigerator, Water Heater
Fireplace: Living Room
Laundry: Common Area, Laundry Room
Entry Location: Ground
Exterior
Builder Name: nl
Architectural Style: Bungalow
Property Attached: No
Stories Total: 2
Levels: Two
Door Features: French Doors
Roof: Composition
Construction Materials: Board And Batten Siding, Drywall, Flagstone, Stucco, Wood Siding
Property Condition: Updated Remodeled
Exterior: Lighting
Common Walls: No Common Walls
Lot Features: Corner Lot, Front Yard, Garden, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Sprinkler System, Trees
Pool: None
Spa: None
Fencing: None
Water Source: Public
Sewer: Public Sewer
Electric: Electricity On Property
Utilities: Cable Connected, Electricity Available, Natural Gas Available, Sewer Connected, Water Available
View: Peek Aboo, Trees Woods
Road Frontage Type: City Street
Road Surface Type: Alley Paved, Paved
Garage and Parking
Garage Spaces: 8
Parking Total: 8
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 49618107
Additional Parcels: No
Tax Lot: 1,2
Tax Tract #: nl
Zoning: R3
Tax Block: 36
Builder Name: nl
Subdivision: North Laguna (NL)
Tax Tract: nl
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Street Lights
Nearby Schools
Nearby schools around the 506 N. Coast Hwy., Laguna Beach, CA 92651. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$14,000,000
Total Interest
$17,856,228
Total Payment
$31,856,228
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$106,869
per month
Property History for 506 N. Coast Hwy.
Laguna Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92651.
Similar Homes
Listings with similar prices to 506 N. Coast Hwy.