352 Thalia
Laguna Beach, CA, 92651 $ 3,000,000
Baths1.0 Sq 2,384 Monthly Estimate*
$ 18,716
Studio for $3,000,000 with 1 full bath. This 2,384 square foot home was built in 1946 on a lot size of 0.1436.
Exceptional investment opportunity in the heart of Laguna Beach Village—just blocks from iconic Thalia Street Beach and moments from restaurants, art galleries, boutiques, and all the charm of coastal living. This beautifully updated triplex offers three bright 2-bedroom, 1-bath units, each tastefully remodeled and designed for comfort, convenience, and strong rental appeal. Set across two structures, the front building features two welcoming units, each with private entrances, upgraded kitchens one with granite countertops and stainless-steel appliances while the other has custom built shaker cabinets. Each unit has luxury laminate flooring, cozy fireplaces, recessed lighting, and refreshed bathrooms with elegant finishes. Open living areas enjoy great natural light, and each unit includes its own stackable washer/dryer along with separate gas and electric meters. A spacious front courtyard provides an excellent outdoor gathering space for tenants or an owner-user. The rear building includes three single-car garages with a third unit located above. This upper unit offers its own private patio and yard space—an attractive perk for those wanting added outdoor privacy. This unit also includes a private laundry room downstairs. Each unit comes with one garage space plus additional driveway or courtyard parking. Throughout the years, the owners have invested extensively in upgrades including, a newer sewer line, new siding, updated electrical, stainless-steel appliances, new double-pane windows, new roof, fire-retardant paint (ASTM E-84), washer/dryer hookups, and beautifully remodeled interiors. These improvements contribute to reliable, steady income supported by long-term tenants. Zoned R2, the property offers flexibility for investors or owner-occupants. Buyers are advised to verify zoning and permits with the City. Whether you choose to live in one unit and rent the others, expand your portfolio, or secure a rare income-producing property just steps from the beach, this Laguna Beach triplex delivers lasting coastal appeal, excellent condition, and consistent rental performance. Your ideal Laguna Beach investment awaits.
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling None
Roof Shingle
Appliances Dishwasher Gas Oven Gas Range Microwave Refrigerator Water Heater
HOA Fee 0
Garage Spaces 3
Pool Features None
Year Built 1946
Tenant Pays Electricity Gas
View Neighborhood
Stories Count 2
Levels Two
Property Subtype Triplex
Gross Income 149424
Community Features Biking Suburban
County Orange
Net Operating Income 148224
Operating Expense 1200
Insurance Expense 4239
New Construction false
Property Type Residential Income
HOA false
Subdivision Name The Village (VIL)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions From PCH heading south turn left on Thalia and go two blocks.
City Laguna Beach
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 3
Number Of Units Total 3
MLS Area LV - Laguna Village
Lot Size Units Square Feet
Lot Size Square Feet 6254
Number of Units Leased 3
Listing Terms Cash Cash to New Loan Conventional
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Property Condition Updated/Remodeled
Trash Expense 972
Water Sewer Expense 2400
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 16
Property Sub Type Additional Triplex
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InteriorInterior Amenities Open Floorplan Recessed Lighting Bedroom on Main Level Main Level Primary
Flooring Laminate
Fireplace Features Living Room
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Laundry Features Electric Dryer Hookup Gas Dryer Hookup Laundry Closet Stacked
Entry Level 1
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ExteriorFencing Fair Condition
Parking Features Door-Multi Driveway Level Garage
Lot Features 0-1 Unit/Acre Front Yard
Water Source Public
Total Parking 6
Lot Size Area 6254
Number of Buildings 2
Spa false
Building Area Total 2384
Lot Size Acres 0.1436
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded FeaturesList Byliz.keene@redfin.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $18,716
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Laguna Beach, CA
Average List Price $4,695,276
Percent of Sale Price 57%
About Laguna Beach, CA 23,318 Population
1% Since 2002
$ 107,228 Median Income
51.06 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/5/2025 | $3,000,000 | | Listed Price |