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2955 Terry Rd, Laguna Beach, CA 92651
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2955 Terry Rd Laguna Beach, CA 92651

$1,800,000 Sold Price as of 05/18/2021
  • 2 Beds
  • 2 Baths
  • 1,575 Sq.Ft.
Sold
$1,800,000 Sold Price as of 05/18/2021 Refinance Your Mortgage
Map preview of 2955 Terry Rd, Laguna Beach, CA 92651

Property Overview: 2955 Terry Rd Laguna Beach, CA has 2 bedrooms, 2 bathrooms, 1,575 living square feet and 2,614 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Remarkable opportunity to own two spectacular units moments from Victoria Beach with sweeping ocean & Catalina Island views. Nestled within a scenic cul-de-sac, this turn-key property offers exceptional income opportunity just minutes to Victoria Beach. The opulent upper and lower units provide an abundance of light and include one spacious bedroom, one upgraded bathroom, one garage space, and a private patio area from which to enjoy the ocean breezes. Beamed ceilings, pendant lighting, custom cabinetry, designer tile backsplashes, are among the decorative flourishes. Further amenities include top-of-the-line stainless steel appliances, recessed lighting, an attached 2-car garage, barbeque, and an outdoor shower, perfect for those sandy beach days. Paired with an unbeatable location and stunning ocean views, 2955 and 2957 Terry Rd is an offering not to be missed. The two units will be delivered vacant by May, providing the option to live in one unit, and rent out the other.

Listed by Tim Smith | BRE #01346878 | Coldwell Banker Realty
Last checked: 13 minutes ago | Last updated: June 19th, 2023 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
2,614
HOA Dues
$0/mo
Year built
1939
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
NP21061434
City
Laguna Beach
County
Orange
Time on Site
1137 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $41,400
  • Total Rent: $41,400
  • Pro Forma/Market Rent: $43,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $37,200
  • Total Rent: $37,200
  • Pro Forma/Market Rent: $40,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $79,800
  • Net Operating Income: $53,860
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $25,940
  • Electric: $2,200
  • Gas/Fuel: $400
  • New Taxes: $20,000
  • Trash: $400
  • Gardener: $500
  • Insurance: $2,840
  • Water/Sewer: $1,500

Property Details for 2955 Terry Rd

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Common Area
Room Information
  • Flooring: Laminate, Tile, Wood
  • Family Room, Kitchen, Loft, Main Floor Bedroom
Kitchen Information
  • Has Appliances
  • Barbecue, Dishwasher, Freezer, Gas Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator
Interior Features
  • Balcony, Beamed Ceilings, Built-in Features, Recessed Lighting
  • Levels: Two
  • Window Features: Custom Covering
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Paved, Garage
Lot Information
  • Lot Features: No Landscaping
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Ocean, Panoramic
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 65616308
  • Year Built Source: Public Records
  • Property is not Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Upper Victoria Beach (UVB)
  • Other Subdivision Name: Arch Beach Heights (ABH)
  • Directions: From PCH, turn onto Hinkle Pl, turn onto Terry Rd. Upper unit is 2955, lower unit is 2957
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Laguna Beach Agent

Sale History for 2955 Terry Rd

Last leased for $5,000 on June 16th, 2023

  • June, 2023

  • Jun 16, 2023

    Date

    Leased

    CRMLS: OC23074473

    $5,000

    Price

  • May 2, 2023

    Date

    Active

    CRMLS: OC23074473

    $6,000

    Price

  • Listing provided courtesy of CRMLS

    Fabulous location with Ocean Views! This beautiful one bedroom one bathroom beach retreat located within a scenic cul-de-sac and just minutes to Victoria Beach with some of ocean& Catalina Island views. Fully remodeled and fully furnished! All windows are brand new and double glazed which eliminates virtually all external noise. This resort home futures one spacious bedroom, one upgraded bathroom, one garage space, separate laundry room and a private patio area from which to enjoy the ocean breezes. Further amenities include top-of-the-line stainless steel appliances, recessed lighting etc. Single car garage parking is available and Laundry facilities are also provided and shared by only one other unit. The home is a duplex. This is the upper unit. Each unit has it's own completely separate entrance. It's short term lease. Don't miss the opportunity!

  • April, 2023

  • Apr 1, 2023

    Date

    Expired

    CRMLS: OC22255605

    $6,500

    Price

  • Dec 15, 2022

    Date

    Active

    CRMLS: OC22255605

    $6,500

    Price

  • Listing provided courtesy of CRMLS

    Fabulous location with Ocean Views! This beautiful one bedroom one bathroom beach retreat located within a scenic cul-de-sac and just minutes to Victoria Beach with some of ocean& Catalina Island views. Fully remodeled and fully furnished! All windows are brand new and double glazed which eliminates virtually all external noise. This resort home futures one spacious bedroom, one upgraded bathroom, one garage space, separate laundry room and a private patio area from which to enjoy the ocean breezes. Further amenities include top-of-the-line stainless steel appliances, recessed lighting etc. Single car garage parking is available and Laundry facilities are also provided and shared by only one other unit. The home is a duplex. This is the upper unit. Each unit has it's own completely separate entrance. It's short term lease. Don't miss the opportunity!

  • June, 2021

  • Jun 14, 2021

    Date

    Canceled

    CRMLS: NP21105198

    $3,995

    Price

  • May 18, 2021

    Date

    Active

    CRMLS: NP21105198

    $3,995

    Price

  • Listing provided courtesy of CRMLS

    Remarkable opportunity to live in one or both spectacular units moments from Victoria Beach with sweeping ocean & Catalina Island views. Nestled within a scenic cul-de-sac, this turn-key property is situated just minutes to Victoria Beach. The opulent upper and lower units provide an abundance of light and include one spacious bedroom, one upgraded bathroom, one garage space, and a private patio area from which to enjoy the ocean breezes. Beamed ceilings, pendant lighting, custom cabinetry, designer tile backsplashes, are among the decorative flourishes. Further amenities include top-of-the-line stainless steel appliances, recessed lighting, an attached 2-car garage, barbeque, and an outdoor shower, perfect for those sandy beach days. Paired with an unbeatable location and stunning ocean views, 2955 and 2957 Terry Rd is an offering not to be missed. The upper unit is offered at $3,995 per month with a starting date of October 1st, and the lower unit is offered at $3,495 with starting date of May 22nd. Short term leases, a minimum of 30 days, are available upon request.

  • May, 2021

  • May 19, 2021

    Date

    Sold

    CRMLS: NP21061434

    $1,800,000

    Price

  • May 16, 2021

    Date

    Pending

    CRMLS: NP21061434

    $1,825,000

    Price

  • Apr 13, 2021

    Date

    Active Under Contract

    CRMLS: NP21061434

    $1,825,000

    Price

  • Mar 31, 2021

    Date

    Active

    CRMLS: NP21061434

    $1,825,000

    Price

  • April, 2021

  • Apr 6, 2021

    Date

    Canceled

    CRMLS: LG20163018

    $1,775,000

    Price

  • Dec 15, 2020

    Date

    Withdrawn

    CRMLS: LG20163018

    $1,775,000

    Price

  • Nov 9, 2020

    Date

    Price Change

    CRMLS: LG20163018

    $1,775,000

    Price

  • Aug 25, 2020

    Date

    Active

    CRMLS: LG20163018

    $1,825,000

    Price

  • Aug 12, 2020

    Date

    Coming Soon

    CRMLS: LG20163018

    $1,825,000

    Price

  • Listing provided courtesy of CRMLS

    Laguna Living with Zero Mortgage! Location, location, location! With unobstructed ocean & Catalina Island views, this magnificent property is just a short stroll to world-famous Victoria Beach. Situated on a serene cul-de-sac, this home was remodeled in 2015 and comes complete with contemporary flair and high-end finishes throughout. Each unit includes its own private patio so you can truly enjoy the Southern California indoor-outdoor lifestyle, while brand new double glazed windows ensure a peaceful night in. This duplex is a rare find, as it is perfect for an owner-user looking to virtually eliminate their monthly mortgage payment. Live in one unit, rent the second, and enjoy the peace of mind that only rental income can provide. Don’t miss your chance to own this turn-key ocean retreat!

  • December, 2020

  • Dec 16, 2020

    Date

    Canceled

    CRMLS: LG20171858

    $1,825,000

    Price

  • Aug 24, 2020

    Date

    Active

    CRMLS: LG20171858

    $1,825,000

    Price

  • Aug 21, 2020

    Date

    Coming Soon

    CRMLS: LG20171858

    $1,825,000

    Price

  • Listing provided courtesy of CRMLS

    Laguna Living with Zero Mortgage! Location, location, location! With unobstructed ocean & Catalina Island views, this magnificent property is just a short stroll to world-famous Victoria Beach. Situated on a serene cul-de-sac, this home was remodeled in 2015 and comes complete with contemporary flair and high-end finishes throughout. Each unit includes its own private patio so you can truly enjoy the Southern California indoor-outdoor lifestyle, while brand new double glazed windows ensure a peaceful night in. This duplex is a rare find, as it is perfect for an owner-user looking to virtually eliminate their monthly mortgage payment. Live in one unit, rent the second, and enjoy the peace of mind that only rental income can provide. Don’t miss your chance to own this turn-key ocean retreat!

Show More

Tax History for 2955 Terry Rd

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

2955 Terry Rd sold on May 18, 2021 for 45.2% lower than the current median sold price for the city of Laguna Beach which is $3,330,000. The median sold price per/sqft for Laguna Beach is $1,531 and this home is sold at $1158.73 per/sqft which puts the price per square foot 24.32% lower than the current median sale per square foot for the city of Laguna Beach.

About 2955 Terry Rd

Detailed summary of property

2955 Terry Rd is a duplex that recently sold in Laguna Beach, CA 92651. This duplex offered 2 bedrooms, 2 bathrooms, roughly 1,575 living square feet, and sits on an approximately 2,614 square foot lot. 2955 Terry Rd was first listed on ArdentRealEstateGroup.com on March 31, 2021. The homeowner sold the property for $1,800,000. Home in Laguna Beach are selling for a median price of $3,330,000 and a median price per square foot of $1,531. Based on Ardent Real Estate Group's Laguna Beach Market Data, this home is sold 45.2% lower than the current median priced home. Local homes that are currently for sale include 750 N Adele St, 1026 N Shattuck Pl and 2026 N Park Ln. While the average home in Laguna Beach, CA is selling in 92 days, 2955 Terry Rd has a days on market of 8 days. There are currently 162 homes for sale in the Laguna Beach real estate market and 144 of them are single family homes while 18 of them are condos and 0 are townhomes. For more information on this home for sale at 2955 Terry Rd Laguna Beach, CA 92651 contact Ardent Real Estate Group and we will put you in touch with one of our Laguna Beach agents.

Public Facts for 2955 Terry Rd

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

92651 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,295,000
Median List Price/Sq.Ft.
$1,759
Median Sold Price
$3,330,000
Median Sold Price/Sq.Ft.
$1,531
Total Inventory
161
Median Sale to List Price %
95.28%
Avg Days on Market
52
Loan Type
Conventional (24.14%), FHA (0%), VA (0%), Cash (48.28%), Other (27.59%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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