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$4,150,000
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Property Description
Don't miss out on arguably the best investment property in Laguna Beach! With completely separate driveways, garages (with separate laundry), entryways, balconies and backyards, this fully side-by-side duplex feels and lives just two single-family homes. Each 3bed/2bath 1740sf (approx) home has a solid, long-term tenant in place, and you have the option of continuing to lease both homes or moving into one by the end of the year. Both units have been fully and thoughtfully upgraded withing the past few years: Granite counters, Swedish oak flooring and new appliances throughout, Vaulted ceilings, A/C, wood-burning fireplaces, front enclosed patios and upstairs deck/balconies. No deferred maintenance anywhere! With a peekaboo OCEAN VIEW and less than a 5-min walk to the sand, this incredible tranquil location is on a prime corner lot and walking distance to the best of what Laguna Beach has to offer!
Full Property Details
Full Property Details for 1585 Catalina
General
- Price: $4,150,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC24115373
- Updated: 12/3/2025
- Days on Market: 587 days
- Added to Site: 587 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Up
- Interior Features: Granite Counters, Recessed Lighting, Unfurnished
- Fireplace(s): Living Room, Wood Burning
- Appliances: Built-In Range, Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Water Heater
- Flooring: Laminate, Tile
Rooms
Other Rooms
- Laundry: Gas & Electric Dryer Hookup, In Garage, Washer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 4
- Parking Features: Driveway, Garage
- Parking: Driveway, Garage
Location
- Area: LV - Laguna Village
- County: Orange
- Development Name: LV - Laguna Village
- Driving Directions: PCH to Bluebird Canyon Dr to Catalina
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 2
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Roof: Common Roof
- Entry Location: front
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,478
- Year Built: 1985
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Property View: Neighborhood, Peek-a-Boo
- Lot Size (Acres): 0.1293
- Lot Size (Sq. Ft.): 5,632
- Lot Size Source: Assessor
- Lot Description: Back Yard, Landscaped, Near Public Transit, Yard
Financial Considerations
- Price Per Sq. Ft.: $1,193.21
- Price Per Unit: 2075000
Listed by Compass, Paul Selecky
Get Pre-Approved Today
Schools
Schools serving 1585 Catalina
School District:Laguna Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Top Of The World Elementary School 21601 Treetop Lane, Laguna Beach, CA 92651 | K-5 | 1.5 mi |
Thurston Middle School 2100 Park Avenue, Laguna Beach, CA 92651 | 6-8 | 1.4 mi |
Laguna Beach High School 625 Park Avenue, Laguna Beach, CA 92651 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1585 Catalina
Date
Details
Price
Change
Source
6/09/2024
Listed
$4,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1585 Catalina
Year
Property Taxes
Change
Tax Assessment
Change
2025
$31,528
2%
$2,922,566
2%
2024
$30,841
1%
$2,865,261
2%
2023
$30,588
2%
$2,809,080
2%
2022
$29,913
325%
$2,754,000
440%
2021
$7,045
3%
$510,318
1%
2020
$6,859
2%
$505,086
2%
2019
$6,698
2%
$495,183
2%
2018
$6,541
3%
$485,474
2%
2017
$6,379
2%
$475,955
2%
2016
$6,226
2%
$466,623
2%
2015
$6,095
2%
$459,614
2%
2014
$5,958
1%
$450,611
—
2013
$5,908
—
$448,575
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1585 Catalina
1585 Catalina, Laguna Beach, CA 92651 (MLS# OC24115373) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 1585 Catalina is currently listed for $4,150,000 and was received on June 09, 2024. Want to learn more about 1585 Catalina? Do you have questions about finding other Multi-Family real estate for sale in Laguna Village? You can browse all Laguna Village real estate or contact a Coldwell Banker agent to request more information.

