$4,150,000
1585 Catalina, Laguna Beach CA 92651
Multi-Family (Duplex)
Property type
726 days
On market
$1,193
Price per sqft
4 cars
Garage
1985
Year built
5,632 sqft
Lot size
Home highlights
Open Houses
Overview
Don't miss out on arguably the best investment property in Laguna Beach! With completely separate driveways, garages (with separate laundry), entryways, balconies and backyards, this fully side-by-side duplex feels and lives just two single-family homes. Each 3bed/2bath 1740sf (approx) home has a solid, long-term tenant in place, and you have the option of continuing to...
Listing provided by: Paul Selecky DRE #01966707, Compass
Listing updated: Dec 3, 2025 at 10:00pm.
Last checked: Jun 5, 2026 at 05:00am
Source: CRMLS #OC24115373
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | 2 | $6,345 | $6,345 | $8,000 | Unfurnished |
| 1 | 3 | 2 | 2 | $5,750 | $5,750 | $8,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 2
Dishwasher: 2
Ranges: 2
Rent Control: No
Units Leased: 2
Total Actual Rent: $12,095
Tenant Pays: All Utilities, Electricity, Gas, Trash Collection, Water
Financial Snapshot
Gross Rent Multiplier
28.0x
List Price / Annual Gross Rent
Gross Scheduled Income: $148,080
Operating Expense: $0
Net Operating Income: $0
Annual Operating Expenses
Insurance: $0
Trash: $0
Interior
Interior Features: Granite Counters, Recessed Lighting, Unfurnished, All Bedrooms Up
Room Type: Bedroom
Flooring: Laminate, Tile
Cooling: Central Air
Heating: Forced Air
Appliances: Built In Range, Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Water Heater
Fireplace: Living Room, Wood Burning
Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Garage
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Roof: Common Roof
Property Condition: Turnkey
Common Walls: One Common Wall, End Unit, No One Above, No One Below
Lot Features: Back Yard, Landscaped, Near Public Transit, Yard
Pool: None
Spa: None
Fencing: Wood
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View: Neighborhood, Peek Aboo
Garage and Parking
Parking: Driveway, Garage
Garage Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 64422101
Additional Parcels: No
Tax Lot: 1
Tax Block: 35
Subdivision: Woods Cove (WC)
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Biking, Curbs, Gutters, Street Lights, Suburban, Sidewalks, Water Sports
Nearby Schools
Nearby schools around the 1585 Catalina, Laguna Beach, CA 92651. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,320,000
Total Interest
$4,234,477
Total Payment
$7,554,477
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$25,458
per month
Property History for 1585 Catalina
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 1585 Catalina