www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29693130
29693131

2101 Glenneyre, Laguna Beach, CA 92651

KM
CA 01220368
Morgan Skenderian Investment Real Estate Group
RA
CA CA 01273871
Morgan Skenderian Investment Real Estate Group
Compass
JS
CA 01220368
Morgan Skenderian Investment Real Estate Group
PE
CA 01942627
Morgan Skenderian Investment Real Estate Group
Listed by Morgan Skenderian Investment Real Estate Group, Compass
$5,950,000
115 days on market
Updated 19 days ago

2101 Glenneyre

Details
APN 64428303
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,323
Units 7
Cap Rate 3.98%
NOI $236,881
Pro-Forma Cap Rate 4.42%
Pro-Forma NOI $263,280
Price per SqFt $941
Broker Co-Op Yes
Year Built 1972
Buildings 3
Stories 2
Acreage 0.332
Zoning Assessor
Parking Spaces 7 spaces
Parking Per SqFt 1.11
Ground Lease No

Multifamily | 7 Units | $850,000/unit

Marketing description

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 Abel and built in 1972 along side two 1923 single story cottages, blending timeless coastal architecture with modern upgrades. The property features a diverse unit mix of studios, 1, 2, and 3-bedroom residences, with most units highly renovated, offering ocean views, washer/dryer hookups, and private patios or balconies that capture ocean breezes and natural light. Residents enjoy close proximity to Downtown Laguna Beach, boutique shopping, cafs, fine dining, art galleries, entertainment, and the citys vibrant cultural scene, with convenient access to the Laguna Beach trolley, coastal trails, parks, and Pacific Coast Highway, delivering a rare combination of privacy, walkability, and quintessential Southern California beach lifestyle.

Investment highlights

  • Sweeping Ocean Views from the Majority of Units

  • Chris Abel Designed Complex with 2 Vintage Cottages

  • Approved for the Addition of an ADU

  • Majority of Interiors Renovated

  • Incredible Woods Cove Location - Short Walk to the Beach, Retail Shops, Restaurants, Galleries, Etc.

  • Perfect for Owner User

Icon
Powered by San Diego MLS
Learn More

Listing Contacts

KM
CA 01220368
Morgan Skenderian Investment Real Estate Group
RA
CA CA 01273871
Morgan Skenderian Investment Real Estate Group
Compass
JS
CA 01220368
Morgan Skenderian Investment Real Estate Group
PE
CA 01942627
Morgan Skenderian Investment Real Estate Group
Listed by Morgan Skenderian Investment Real Estate Group, Compass

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$236,881.00
$19,740.08/mo

Valuation Metrics

0
DSCR
3.98%
Cap Rate
3.98%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Ken Morgan
License
01220368
Name
Rick Applebaum
License
CA 01273871
Brokerage
Morgan Skenderian
Brokerage Phone
9494326954
Name
Marcus Skenderian
License
01115339
Brokerage
Compass
Title
Real Estate Broker
Brokerage Address
1590 South Coast Highway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591