Adrian-Soumeeh-North Laguna-December 2018

ADRIAN SOUMEEH

30812 S. Coast Highway Laguna Beach, CA 92677

MBA | Broker Associate | REALTOR® CalBRE# 01964977

949.294.3950 a.soumeeh@gmail.com www.soumeeh.com

December 2018 | Investment Property Market Report

LAGUNA BEACH Prepared Especially for JO N ATHAN AN D AN G ELA-MARI E W I L L I AMS

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WWW.ADRIANLAGUNAREALTY.COM Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | © 2018

SON’ A E S

S GREETIN

GS

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◆ AND

WA R M W I S H E S

JONATHAN AND ANGELA-MARIE, As I look back on the last year serving homeowners in Laguna Beach, I hope that you have found my market reports informative and valuable. If at any time you wish to discuss real estate values or trends, please give me a call.

Presented by Adrian Soumeeh Your Laguna Beach Real Estate Specialist

E XC LU S I V E N O - C O S T C L I E N T A DVA N TAG E S

ADRIAN SOUMEEH MBA | Broker Associate | REALTOR® CalBRE# 01964977

949.294.3950

My dedicated team, exceptional assets, and proven strategies consistently net our clients the highest proceeds in the shortest amount of time. All the services we provide are included and require no additional cost.

a.soumeeh@gmail.com www.soumeeh.com Follow me on:

WWW.ADRIANLAGUNAREALTY.COM

L AG U N A B E AC H INVESTMENT PROPERTY MARKET REPORT

INTERIOR DESIGN CONSULTANT You will be provided with an Interior Design Consultant who assists in staging your home to show in the best possible way.

PROFESSIONAL PHOTOGRAPHY My professional photographer uses the latest equipment to ensure we capture the best photos and features of your home.

24-HOUR ONLINE PRESENCE Your home will be featured online with Facebook ads, Google pay-per-clicks, and another 500+ real estate websites.

FURNITURE AND HOME STAGING I include furnishings and home staging for my client listings at no additional cost.

INTERNATIONAL EXPOSURE Your home will be exposed to over 600,000 agents around the globe through my marketing program.

EXTENSIVE PRINT MARKETING I capture local and regional audiences through extensive print marketing campaigns featuring your home.

JONATHAN AND ANGELA-MARIE, If you want to know what your home would sell for in today’s market, contact me today at 949.294.3950.

RECENTLY LISTED IN YOUR AREA

(SHOWING 12 OF 17 TOTAL LISTINGS)

NUMBER OF UNITS

ESTIMATED SQUARE FEET*

YEAR BUILT

LIST PRICE

LIST DATE

GROSS INCOME

STATUS

STREET NAME

Active Active

Griffith Place Loma Terrace

2 3

1,400 2,100

1945 1948

$1,625,000 $1,795,000

09/08/18 07/31/18

$62,400 $98,400

Active Active Active Active Active Active

Jasmine Street Diamond Street N Coast Bent Street Wave Street San Joaquin Street

2 2 3 2 2 2

1,400 3,100 2,600 800 2,200 2,300

1925 1949 1956 1930 1954 2016

$1,888,888 $1,895,000 $2,350,000 $2,500,000 $2,845,000 $2,895,000

10/17/18 05/28/18 10/29/18 08/29/18 10/15/18 09/25/18

$7,000 N/A $108,000 $42,000 N/A $114,840

Active Active Active Active

Cypress Drive N Coast

5 8

3,300 4,100

1951 1920

$3,250,000 $4,395,000

11/29/18 10/22/18

N/A $209,811

Ocean Front Cliff Drive

2 4

2,500 3,400

2005 1963

$7,200,000 $8,250,000

05/15/18 10/13/18

$255,500 $50,100

There Are No Properties Currently Pending in Your Area For more up-to-date information, please call me at 949.294.3950.

A FEW KIND WORDS

SOLD IN THE LAST 6 MONTHS IN YOUR AREA STATUS ADDRESS

NUMBER OF ESTIMATED UNITS SQUARE FEET*

YEAR BUILT

LIST PRICE

LIST DATE

SOLD PRICE SOLD DATE

GROSS INCOME

Sold Sold

518 Thalia Street 721 Browncroft Road

2 2

1,800 2,600

1962 1980

$1,795,000 $2,349,000

01/02/18 01/17/18

$1,610,000 $2,300,000

09/06/18 09/01/18

$58,800 N/A

Sold Sold

970 Glenneyre Street 931 S Coast Highway

6 8

4,600 5,600

1954 1965

$3,410,000 $6,700,000

08/23/18 04/09/18

$3,410,000 $5,825,000

08/24/18 08/17/18

N/A N/A

Sold Sold

222 Arch Street 2875 Terry Road

13 2

12,300 2,500

1971 1942

$11,000,000 $2,099,000

05/07/18 04/13/18

$10,500,000 $2,099,000

08/01/18 07/20/18

$540,660 $42,000

Adrian Soumeeh and Berkshire Hathaway HomeServices California Properties are not in any way affiliated with Laguna Beach Owners Association, nor is this in any way an official advertisement or publication of Laguna Beach. © 2018 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the California Regional Multiple Listing Service (CRMLS) between June 4th, 2018 and December 4th, 2018. Listings and sales may not be those of Adrian Soumeeh or Berkshire Hathaway HomeServices. The CRMLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Estimated square feet are rounded to the nearest hundred.

“Adrian Soumeeh sold our property in 16 days after listing ABOVE the comparable sales in Laguna Beach, CA, and we had a very smooth and stress-free experience throughout the process. His group is reputable and connected in the industry with a strong brand, marketing resources, and strategies. He is knowledgeable, a hard worker, and truly an expert in the industry. Without a doubt, my husband and I would recommend Adrian Soumeeh of Berkshire Hathaway. He is truly an exceptional agent.”

- K. Salehii