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31865 8Th Ave, Laguna Beach, CA 92651
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31865 8Th Ave Laguna Beach, CA 92651

$1,100,000 Sold Price as of 03/02/2020
  • 2 Beds
  • 2 Baths
  • 1,500 Sq.Ft.
Sold
$1,100,000 Sold Price as of 03/02/2020 Refinance Your Mortgage
Map preview of 31865 8Th Ave, Laguna Beach, CA 92651

Property Overview: 31865 8Th Ave Laguna Beach, CA has 2 bedrooms, 2 bathrooms, 1,500 living square feet and 4,025 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Charming south Laguna duplex that feels just like a quaint cottage! Upper level unit features include light and bright living room with lot of windows and vaulted open beam ceilings, dining nook, remodeled kitchen with quartz counters, glass tile backsplash, all stainless steel appliances including refrigerator, gas range, microwave and dishwasher, plus ocean view focal window, two bedrooms with crown molding, bathroom is also remodeled with granite vanity and tub with Carrara marble tile surround, newer carpet and vinyl wood look flooring with fresh paint throughout. Lower unit is an extra large studio with full kitchen and direct garage access through the walk-in closet off the bathroom. Two car garage with laundry is shared between the two tenants and tandem driveway parking is also split. Easy walk to Thousands Steps Beach!! Street to street lot is underutilized.

Listed by Nicola Willhoit | BRE #01325516 | Re/Max One
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 67

Home details

Lot Sq. Ft
4,025
HOA Dues
$0/mo
Year built
1940
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
LG19257176
City
Laguna Beach
County
Orange
Time on Site
1387 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,850
  • Total Rent: $2,850
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $48,600
  • Net Operating Income: $43,031
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,569
  • Electric: $131
  • Gas/Fuel: $0
  • New Taxes: $14,500
  • Trash: $0
  • Insurance: $380
  • Water/Sewer: $217

Property Details for 31865 8Th Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • Community, Dryer Included, In Garage, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, Vinyl
  • Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
Interior Features
  • Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Unfurnished
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
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: 4
  • Has Parking
  • Parking Features: Driveway, Garage, Shared Driveway, Side by Side
Lot Information
  • Lot Features: Gentle Sloping
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood, Ocean
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 05613054
  • Year Built Source: Assessor
  • Architectural Style: Cottage
  • Property is Attached
  • Accessibility Features: None
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: South Laguna Village (SLV)
  • Directions: 8th Ave. is off of PCH one street south of the hospital.
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Laguna Beach Agent

Sale History for 31865 8Th Ave

Last sold for $1,100,000 on March 2nd, 2020

  • March, 2020

  • Mar 3, 2020

    Date

    Sold

    CRMLS: LG19257176

    $1,100,000

    Price

  • Feb 7, 2020

    Date

    Pending

    CRMLS: LG19257176

    $1,195,000

    Price

  • Jan 7, 2020

    Date

    Active Under Contract

    CRMLS: LG19257176

    $1,195,000

    Price

  • Jan 2, 2020

    Date

    Active

    CRMLS: LG19257176

    $1,195,000

    Price

  • Nov 26, 2019

    Date

    Active Under Contract

    CRMLS: LG19257176

    $1,195,000

    Price

  • Nov 4, 2019

    Date

    Active

    CRMLS: LG19257176

    $1,195,000

    Price

  • March, 2020

  • Mar 3, 2020

    Date

    Sold

    CRMLS: LG19257175

    $1,100,000

    Price

  • Feb 7, 2020

    Date

    Pending

    CRMLS: LG19257175

    $1,195,000

    Price

  • Jan 7, 2020

    Date

    Active Under Contract

    CRMLS: LG19257175

    $1,195,000

    Price

  • Jan 2, 2020

    Date

    Active

    CRMLS: LG19257175

    $1,195,000

    Price

  • Nov 26, 2019

    Date

    Active Under Contract

    CRMLS: LG19257175

    $1,195,000

    Price

  • Nov 4, 2019

    Date

    Active

    CRMLS: LG19257175

    $1,195,000

    Price

  • Listing provided courtesy of CRMLS

    Charming south Laguna duplex that feels just like a quaint cottage! Upper level unit features include light and bright living room with lot of windows and vaulted open beam ceilings, dining nook, remodeled kitchen with quartz counters, glass tile backsplash, all stainless steel appliances including refrigerator, gas range, microwave and dishwasher, plus ocean view focal window, two bedrooms with crown molding, bathroom is also remodeled with granite vanity and tub with Carrara marble tile surround, newer carpet and vinyl wood look flooring with fresh paint throughout. Live in the top and rent the bottom! Lower unit is an extra large studio with full kitchen and direct garage access through the walk-in closet off the bathroom. Two car garage with laundry is shared between the two tenants and tandem driveway parking is also split. Easy walk to Thousands Steps Beach!! Street to street lot is underutilized.

  • March, 2020

  • Mar 2, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,100,000

    Price

  • February, 2020

  • Feb 25, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2019

  • Nov 1, 2019

    Date

    Expired

    CRMLS: LG19197666

    $1,195,000

    Price

  • Oct 26, 2019

    Date

    Price Change

    CRMLS: LG19197666

    $1,195,000

    Price

  • Aug 18, 2019

    Date

    Active

    CRMLS: LG19197666

    $1,295,000

    Price

  • Listing provided courtesy of CRMLS

  • November, 2019

  • Nov 1, 2019

    Date

    Expired

    CRMLS: LG19226180

    $1,195,000

    Price

  • Oct 26, 2019

    Date

    Price Change

    CRMLS: LG19226180

    $1,195,000

    Price

  • Sep 23, 2019

    Date

    Active

    CRMLS: LG19226180

    $1,295,000

    Price

  • Listing provided courtesy of CRMLS

    Charming south Laguna duplex that feels just like a quaint cottage! Upper level unit features include light and bright living room with lot of windows and vaulted open beam ceilings, dining nook, remodeled kitchen with quartz counters, glass tile backsplash, all stainless steel appliances including refrigerator, gas range, microwave and dishwasher, plus ocean view focal window, two bedrooms with crown molding, bathroom is also remodeled with granite vanity and tub with Carrara marble tile surround, newer carpet and vinyl wood look flooring with fresh paint throughout. Live in the top and rent the bottom! Lower unit is an extra large studio with full kitchen and direct garage access through the walk-in closet off the bathroom. Two car garage with laundry is shared between the two tenants and tandem driveway parking is also split. Easy walk to Thousands Steps Beach!! Street to street lot is underutilized.

  • February, 2019

  • Feb 23, 2019

    Date

    Leased

    CRMLS: LG19030815

    $2,850

    Price

  • Feb 18, 2019

    Date

    Pending

    CRMLS: LG19030815

    $2,850

    Price

  • Feb 9, 2019

    Date

    Active

    CRMLS: LG19030815

    $2,850

    Price

  • Listing provided courtesy of CRMLS

    Charming south Laguna 2 bedroom upper apartment in a darling duplex that feels just like a quaint cottage! Features include light and bright living room with lot of windows and vaulted open beam ceilings, dining nook, remodeled kitchen with quartz counters, glass tile backsplash, all stainless steel appliances including refrigerator, gas range, microwave and dishwasher, plus ocean view focal window, two bedrooms with crown molding, bathroom is also remodeled with granite vanity and tub with Carrara marble tile surround, brand new carpet and vinyl wood look flooring, and fresh paint throughout. Two car garage with laundry is shared with the lower tenant and tandem driveway parking. All utilities included and easy walk to Thousands Steps Beach!!

  • February, 2019

  • Feb 1, 2019

    Date

    Expired

    CRMLS: LG18274211

    $2,850

    Price

  • Nov 17, 2018

    Date

    Active

    CRMLS: LG18274211

    $2,850

    Price

  • Listing provided courtesy of CRMLS

    Charming south Laguna 2 bedroom upper apartment in a darling duplex that feels just like a quaint cottage! Features include light and bright living room with lot of windows and vaulted open beam ceilings, dining nook, remodeled kitchen with quartz counters, glass tile backsplash, all stainless steel appliances including refrigerator, gas range, microwave and dishwasher, plus ocean view focal window, two bedrooms with crown molding, bathroom is also remodeled with granite vanity and tub with Carrara marble tile surround. Two car garage with laundry is shared with the lower tenant and tandem driveway parking. All utilities included and easy walk to Thousands Steps Beach!!

Show More

Tax History for 31865 8Th Ave

Assessed Value (2020): $101,781
Year Land Value Improved Value Assessed Value
2020 $73,825 $27,956 $101,781

Home Value Compared to the Market

This property vs the competition

31865 8Th Ave sold on March 2, 2020 for 56.55% lower than the current median sold price for the city of Laguna Beach which is $2,750,000. The median sold price per/sqft for Laguna Beach is $1,833 and this home is sold at $796.67 per/sqft which puts the price per square foot 56.54% lower than the current median sale per square foot for the city of Laguna Beach.

About 31865 8Th Ave

Detailed summary of property

31865 8Th Ave is a duplex that recently sold in Laguna Beach, CA 92651. This duplex offered 2 bedrooms, 2 bathrooms, roughly 1,500 living square feet, and sits on an approximately 4,025 square foot lot. 31865 8Th Ave was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $1,100,000. Home in Laguna Beach are selling for a median price of $2,750,000 and a median price per square foot of $1,833. Based on Ardent Real Estate Group's Laguna Beach Market Data, this home is sold 56.55% lower than the current median priced home. Local homes that are currently for sale include 110 S Harding Ave, 4110 E Vermont St and 1033 Prospect Ave. While the average home in Laguna Beach, CA is selling in 104 days, 31865 8Th Ave has a days on market of 67 days. There are currently 159 homes for sale in the Laguna Beach real estate market and 139 of them are single family homes while 19 of them are condos and 1 are townhomes. For more information on this home for sale at 31865 8Th Ave 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 31865 8Th Ave

Public county record property details
Beds
3
Baths
1
Year built
1940
Sq. Ft.
1,156
Lot Size
4,025
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
--
APN
056-130-54

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
$4,250,000
Median List Price/Sq.Ft.
$1,806
Median Sold Price
$2,750,000
Median Sold Price/Sq.Ft.
$1,833
Total Inventory
162
Median Sale to List Price %
85.94%
Avg Days on Market
70
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (40.91%), Other (31.82%)

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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