437 Cypress Laguna Beach, CA 92651 Open 1/28 10AM-1PM

UPDATED: 01/28/2026 09:12 PM ON MARKET: 6 days on market

$5,695,000

9 Beds9 Baths4,776 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,776 sqft

Price per Sqft $1,192

MLS Listing ID LG26015787

Bedrooms 9

Full Baths 2

Three Quarter Bath 7

HOA Y/N No

Year Built 1956

Lot Size 5,911 Sqft

Property Sub-Type Quadruplex

Property Description

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.