Property Details
About this Property
Located in highly desirable North Laguna Beach, 437 Cypress Drive is a well-positioned coastal multifamily investment property comprising five rentable units in one of Southern California’s most supply-constrained rental markets. The property is situated on an approximately 5,900 sq ft R3-zoned lot and benefits from a strong rental history and close proximity to beaches, downtown Laguna Beach, dining, shopping, and cultural attractions. The asset features a diverse and flexible unit mix, including two larger three-bedroom residences suitable for owner-occupancy or premium rentals, along with three well-located one-bedroom units that appeal to long-term tenant demand. Property amenities include private outdoor spaces, garage parking, in-unit and/or on-site laundry, community storage, and shared outdoor gathering and barbecue areas. Two units have ocean view. With classic cottage architecture, efficient floor plans, and a walkable coastal location near Heisler Park and Main Beach, this five-unit property offers durable leasing demand and long-term value. The property has been well maintained by long-term ownership and presents an attractive opportunity for an owner-user investor or long-term hold, providing stable income, tax advantages, and ongoing equity growth.
MLS Listing Information
MLS #
CRLG26015787
MLS Source
California Regional MLS
Days on Site
6
Interior Features
Bedrooms
Primary Suite/Retreat
Appliances
Dishwasher, Other, Oven Range - Gas, Refrigerator
Fireplace
Wood Burning
Laundry
Community Facility, Other
Cooling
None
Exterior Features
Pool
None
Style
Cape Cod, Cottage
Parking, School, and Other Information
Garage/Parking
Garage, Other, Garage: 2 Car(s)
Elementary District
Laguna Beach Unified
High School District
Laguna Beach Unified
HOA Fee
$0
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
437 Cypress is a Quadruplex in Laguna Beach, CA 92651. This 4,776 square foot property sits on a 5,910 Sq Ft Lot and features 9 bedrooms & 9 full bathrooms. It is currently priced at $5,695,000 and was built in 1956. This address can also be written as 437 Cypress, Laguna Beach, CA 92651.
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This listing information is up-to-date as of January 28, 2026. For the most current information, please contact Jill Witte
