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To list your property with Belmont Brokerage, contact us at (818) 967-6311 or email brokerage@bbandm.com. Our team will provide a complimentary AI-powered Comparative Market Analysis (CMA), professional staging recommendations, and a customized marketing strategy. We list on the MLS and through our exclusive off-market network for maximum exposure.

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Yes. Belmont Brokerage handles commercial real estate transactions including office spaces, retail locations, multi-family investments, and mixed-use developments throughout Los Angeles County. Our commercial division provides investment analysis, lease negotiations, and 1031 exchange guidance.

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Belmont Brokerage combines California MLS data with internal valuation and offer-strategy workflows, plus compliance-aware document tooling. Agents get data-driven pricing context grounded in active listings and recent market activity.

Is Belmont Brokerage a licensed California real estate brokerage?

Yes. Belmont Brokerage Inc. operates under California Department of Real Estate (DRE) license #02431308. Listings shown from the MLS follow participating board rules, including attribution and IDX display requirements.

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Use the search bar on bbandm.com to search by city, ZIP code, neighborhood, or address. You can filter by price, beds and baths, property type, and status. Map view updates results as you move the map, and you can save homes you like for later.

590 Diamond Street — Laguna Beach — 5 Beds • 5 Baths • 3,755 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+35 more

$5,200,000

34 DOM

$1,385/sqft5 bd5 ba3,755 sqft

Call

590 Diamond St Laguna Beach, CA 92651

8,240sqft lot

First time on the market for sale in 49 years, this rare Woods Cove residence offers a unique opportunity to own a piece of coastal Laguna Beach history. Located in one of the community’s most beloved neighborhoods in Laguna Beach, this 5-bedroom, 4.5-bathroom home captures ocean views, Catalina Island sunsets, and the relaxed elegance of Southern California coastal living. Originally designed in the 1960s by renowned architect Lamont Langworthy, the home blends timeless Laguna character with spacious interiors designed to capture natural light and coastal breezes. The open-concept kitchen and living area create a welcoming gathering space, with French doors opening to outdoor areas that invite seamless indoor-outdoor living. The expansive ocean-view deck is ideal for entertaining while enjoying panoramic views and unforgettable Catalina sunsets. Several bedrooms feature charming private balconies, perfect for morning coffee or evening relaxation with ocean air drifting through the home. The primary suite occupies the top floor and serves as a peaceful retreat with sweeping ocean views and a cozy fireplace sitting area. Downstairs, a large bonus room with fireplace located near the guest bedrooms provides additional space for entertaining, a media room, or guest lounge. Outdoor living continues with a generous yard and charming gazebo—an inviting setting for gatherings, gardening, or simply enjoying Laguna’s year-round coastal climate. Parking is exceptional for this location with a two-car garage plus driveway parking for three additional vehicles. Located within the highly regarded Laguna Beach Unified School District—known for its outstanding academics and celebrated arts programs—the home also enjoys close proximity to beaches, scenic coves, local restaurants, galleries, and the vibrant Laguna village lifestyle. Properties in Woods Cove rarely become available, making this a truly special opportunity to experience the best of Laguna Beach coastal living.

MLS LG26050477

949-499-1320 (Office) GILDA@GILDADUHS.COM

Est. payment

$33,228/mo

Principal & interestTaxesInsurance

$26,294$5,417$1,517

Down %

Rate %

Years

Down payment: $1,040,000 · Total cost: $10,505,851

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$33,228/mo

Principal & interest: $26,294
Est. property tax: $5,417
Est. insurance: $1,517
Down payment: $1,040,000

Est. gross rent$21,667/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-11,561/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.