Laguna Beach, CA 92651 2937 Terry Rd
$2,599,000



67 more



































































Presented By: Lance Nassau with Think Boutiq Real Estate; 562-714-3845
Home Details
Welcome to your dream coastal lifestyle and premier investment opportunity at 2937 Terry Road, an exceptional beach-cottage duplex in the highly coveted Victoria Highlands neighborhood of South Laguna Beach. Perfect for an income-generating property, a multi-generational sanctuary, or an owner-occupant looking to live in one and rent the other, this versatile multi-family residence features a distinct one-unit-up, one-unit-down layout with ocean views from both levels. The upper unit boasts soaring vaulted ceilings and exposed wood beams full of character, while the expansive lower unit offers direct access to a beautifully manicured backyard, complete with a cozy gas fire pit and a dedicated outdoor dining area perfect for al fresco entertaining. Embracing the true essence of Southern California living, this property balances a peaceful neighborhood setting with effortless proximity to Laguna's world-famous amenities. Just a short distance away lies the pristine shoreline of Victoria Beach, home to the iconic pirate tower, easily accessible via a convenient pedestrian tunnel under Coast Highway. Residents will enjoy being moments from the legendary Montage Resort for five-star dining and cliffside sunsets, as well as the newly built Laguna Beach Community & Recreation Center for fitness and local events. Highlighting the unmatched convenience of this location, a nearby stop for the complimentary Laguna Beach trolley makes exploring the vibrant downtown village, upscale boutiques, and renowned art galleries entirely effortless. Discover a spectacular chance to capture the ultimate beach lifestyle and secure a prime piece of real estate in one of the world's most beautiful coastal destinations.
Presented By: Lance Nassau with Think Boutiq Real Estate; 562-714-3845
Interior Features for 2937 Terry Rd
Other Interior Features
Air Conditioning Y/NYes
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
Laundry FeaturesLaundryCloset, Outside
Total Stories2
Other Rooms
Entry Level1
General for 2937 Terry Rd
Additional Parcels Y/NNo
Building Area UnitsSquareFeet
CityLaguna Beach
Community FeaturesStreetLights, Sidewalks
ContingencySale subject to Seller finding and closing on a replacement property.
CoolingZoned
CountyOrange
DirectionsPacific Coast Highway to Hinkle to Terry Rd
Electric Expense1700
Entry Location1
Fuel Expense360
Garage Spaces2
Garage Y/NYes
Gross Income127800
HOANo
HOA Fee$
Insurance Expense1616
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031
Lot Size Square Feet2614
Lot Size UnitsSquareFeet
MLS AreaSL - South Laguna
Net Operating Income119276
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
Open Parking Spaces1
Operating Expense8524
Pool FeaturesNone
PostalCityLAGUNA BEACH
Property Attached Y/NYes
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameSouth Laguna Village (SLV)
Tax Lot37
Tenant PaysNone
Total Actual Rent10200
Trash Expense648
ViewCoastline, Ocean
Water Sewer Expense1620
Year Built1927
Year Built SourceAssessor
Exterior for 2937 Terry Rd
Building Area Total1118
Lot FeaturesBackYard
Lot Size Acres0.06
Lot Size Area2614
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters
Number of Separate Gas Meters0
Number of Separate Water Meters0
Parking FeaturesGarage
Private PoolNo
SpaNo
Total Parking3
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Josh Russell
Realtor®

SQFT • 1,118