$5,950,000
-$345,0002101 Glenneyre, Laguna Beach CA 92651
Multi-Family (7 Units)
Property type
118 days
On market
$941
Price per sqft
0 cars
Garage
1972
Year built
14,480 sqft
Lot size
Home highlights
Open Houses
Overview
Located in the highly desirable Woods Cove neighborhood of Laguna Beach, this 7-unit apartment complex offers an exceptional coastal living experience just moments from Woods Cove Beach, with easy access to swimming, snorkeling, tide pools, and scenic shoreline walks. Positioned on a large 14,480 square foot lot, the 5-unit structure was designed by renowned architect Chris...
Listing provided by: Rick Applebaum DRE #01273871, Morgan Skenderian, Marcus Skenderian DRE #01115339 949-295-5758, Compass
Listing updated: May 13, 2026 at 06:52pm.
Last checked: Jun 15, 2026 at 07:00pm
Source: CRMLS #PW26035804
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 0 | 1 | — | $2,500 | $2,500 | $2,795 | Unfurnished |
| 1 | 1 | 1 | — | $3,436 | $3,436 | $3,595 | Unfurnished |
| 1 | 2 | 1 | — | $4,850 | $4,850 | $4,995 | Unfurnished |
| 1 | 2 | 1 | — | $4,295 | $4,295 | $4,495 | Unfurnished |
| 2 | 2 | 2 | — | $4,621 | $9,241 | $5,295 | Unfurnished |
| 1 | 3 | 2 | — | $5,875 | $5,875 | $5,995 | Unfurnished |
# of Buildings: 3
# of Units Total: 7
Separate Electric Meters: 7
Separate Gas Meters: 7
Separate Water Meters: 1
Dishwasher: 7
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
16.2x
List Price / Annual Gross Rent
Cap Rate
3.98%
NOI / List Price
Gross Scheduled Income: $367,428
Vacancy Allowance: $11,023
Vacancy Allowance Rate: 3%
Operating Expense: $119,524
Net Operating Income: $236,881
Annual Operating Expenses
Electric: $2,402
Gardener: $10,860
Fuel: $2,402
Insurance: $13,990
Licenses: $1,000
Maintenance: $14,256
New Taxes: $66,246
Professional Management: $0
Trash: $2,402
Water / Sewer: $2,402
Other Expense: $3,564
Interior
Interior Features: Balcony
Appliances: Dishwasher, Microwave
Laundry: Common Area, Washer Hookup, Gas Dryer Hookup
Entry Location: Street
Exterior
Property Attached: No
Stories Total: 2
Common Walls: No Common Walls
Pool: None
Water Source: Public
Sewer: Public Sewer
View: Ocean
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 64428303
Additional Parcels: No
Tax Lot: 2
Tax Block: 16
Subdivision: Woods Cove (WC)
Community
Senior Community: No
Community Features: Biking, Curbs, Dog Park, Fishing, Hiking, Near National Forest, Park, Sidewalks, Water Sports