437 Cypress

Laguna Beach, CA, 92651
For Sale $5,695,000
  • 0.14acre
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. 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.

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Interested in this property or one like it? Reach out today to talk with advertising agent Shen Schulz.

Listed by:
Jill Witte with Berkshire Hathaway HomeServices California Properties
(949) 499-5900
437 Cypress is a Residential Income Apartment property located in Laguna Beach, California, featuring a 0.136 acre lot, MLS #LG26012169.

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Data last modified: 2026-01-26 17:57:02