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617 Lombardy LaneLaguna Beach, CA 92651

For Sale

$2,625,000

Smart Buyer Rebate $26,250

617-21 Lombardy Lane, "Villa Lombardy", consists of two buildings on one lot. The first building is a newly renovated two-bedroom single-family residence. In the rear of the property is a separate building with a one-bedroom unit upstairs and a non-conforming studio downstairs. Within the past few years, there has been over $600,000 into capital improvements put into the front single-family home at 617 Lombardy Lane. Located within walking distance to several iconic beaches, this is an ideal opportunity for investors.

Listed by Michael O'Neill II

·

License #02036937

·

CB Richard Ellis, Inc.

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949-809-3615

Last updated September 02, 2025

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Source: CRMLS #25533049

Listing Facts

  • TypeMulti-family
  • NeighborhoodThe Village
  • Bedrooms3
  • Days on Prevu130
  • Size1,939 sqft
  • Price per sqft$1,354

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/07/2025
Status changed to Active
$2,625,000
09/05/2025
Status changed to Removed from Feed
$2,625,000
09/05/2025
Status changed to Active
$2,625,000
09/03/2025
Status changed to Removed from Feed
$2,625,000
09/02/2025
Status changed to Active
$2,625,000
08/15/2025
Status changed to In Contract
$2,625,000
06/30/2025
Price Decreased
$2,625,000
06/28/2025
Status changed to Active
$2,750,000
06/27/2025
Status changed to Removed from Feed
$2,750,000
05/01/2025
Listed by CB Richard Ellis, Inc.
$2,750,000

Property Details for 617 Lombardy Lane

Exterior

Construction

  • Number Of Units Total: 3
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1936

Measurements

  • Building Area Total: 1,939
  • Lot Size Acres: 0.08
  • Lot Size Area: 3,916
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3,916
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 3.13
  • Gross Income: $126,801.00

Taxes

  • Parcel Number: 64409825

Interior

Measurements

  • Living Area: 1,939
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 3
  • Bedrooms Total: 3

Parking

Parking

  • Garage: Yes
  • Parking Features: Garage, Uncovered
  • Parking Total: 3

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.