ActiveResidential · sale

21662 Ocean Vista Drive D

Laguna Beach, CA 92651

$1,180,000

  • 2 beds
  • 1 baths
  • 775 sq ft
  • 0.97 acres
  • Built 1960

Listed by Universal Elite Inc. · MLS #TR26145601

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1960.

Garage parking

1 garage spaces listed.

Property size

0.97 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Enjoy panoramic ocean views sweeping coastline vistas and beautiful sunsets over Catalina Island from this upper endunit condo in South Laguna Beach Offered fully furnished and completely movein ready this turnkey home sits on a quiet culdesac just above the Montage Resort The 2bedroom 1bathroom layout features an open great room that seamlessly connects the living kitchen and dining spaces where you can even see Aliso Beach down the street Designed to offer a peaceful vacationlike feel every day you can hear the ocean waves at night in this exceptionally quiet unit where many of the neighbors use their properties as vacation or second homes The kitchen is equipped with granite countertops a gas cooktop and builtin appliances You can enjoy the coastal breeze and water views from your own exclusive balcony a rare feature for this community that includes both a glassenclosed sunroom area and an openair deck section Both bedrooms offer mirrored closet storage and ceiling fansPracticality is built right in with a detached onecar garage plenty of street parking and a community laundry room located conveniently in the very same building Just steps away the community clubhouse and pool area offer a spectacular 180degree ocean view Located on the quieter end of Laguna Beach close to Dana Point and great restaurants the property offers incredible walkability Take an 8minute stroll to the iconic Montage Resort and Treasure Island Beach or walk 5 minutes to Lang Park to enjoy the playground basketball and pickleball courts A 5minute walk in the other direction leads to a shopping plaza complete with a CVS coffee shop ice cream parlor restaurants and rare abundant parking The home is also next door to The Ranch hotel a hidden gem featuring a mountainview golf course Harvest restaurant and nightly music With the free Laguna trolley down the street coastal living is effortless Very low land lease at 22 a month covered within the HOA dues running through 2058

THE NEIGHBORHOOD

Explore the location.

21662 Ocean Vista Drive D, Laguna Beach, CA 92651

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1960
Full baths
1
Garage spaces
1
Cooling
None
Heating
Central,ForcedAir
Appliances
Dishwasher,ElectricOven,GasCooktop,Disposal,Microwave,Refrigerator,WaterHeater
Flooring
Carpet,Laminate,Tile
Pool
No
Pool features
Community,Association
Spa
No
Subdivision
Laguna Ocean Vista Condos (LOV)
Parcel
93406062
HOA
Ocean Vista
HOA amenities
MaintenanceGrounds,Pool,PetRestrictions,PetsAllowed,Trash,Water
HOA fee frequency
Monthly
HOA fee
$696.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$4,916.67
Cap rate

Annual operating income:

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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21662 Ocean Vista Drive D, Laguna Beach, CA 92651 · MLS #TR26145601

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Listing information

MLS #TR26145601 · California Regional MLS

Listing brokerage: Universal Elite Inc.
Listing agent: Annie Xiao Zhang

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.