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

Laguna Beach, CA, 92651
$ 2,599,000
Baths1.0 Sq 1,118

Monthly Estimate*

$ 16,002

Listed by Think Boutiq Real Estate
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Studio

Multi-Family Home for sale in Laguna Beach, CA

for $2,599,000 with 1 full bath. This 1,118 square foot home was built in 1927 on a lot size of 0.06.

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.

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Multi-Family Active

Price

$ 2,599,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.06

Year Built

1927

Town/City

Laguna Beach

County/Region

Orange

MLS | Web ID

OC26120844

Days on Market

13

Features
General
Sewer Public Sewer
Cooling Zoned
HOA Fee 0
Garage Spaces 2
Pool Features None
Year Built 1927
Tenant Pays None
View Coastline Ocean
Stories Count 2
Levels Two
Property Subtype Duplex
Gross Income 127800
Community Features Street Lights Sidewalks
County Orange
Net Operating Income 119276
Operating Expense 8524
Insurance Expense 1616
New Construction false
Property Type Residential Income
HOA false
Contingency Sale subject to Seller finding and closing on a replacement property.
Subdivision Name South Laguna Village (SLV)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Pacific Coast Highway to Hinkle to Terry Rd
City Laguna Beach
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 1
Number Of Units Total 3
MLS Area SL - South Laguna
Lot Size Units Square Feet
Lot Size Square Feet 2614
Number of Units Leased 3
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 1700
Fuel Expense 360
Trash Expense 648
Water Sewer Expense 1620
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 37
Total Actual Rent 10200
Property Sub Type Additional Duplex
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Interior
Fireplace Features None
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Fireplace Y/N false
Laundry Features Laundry Closet Outside
Entry Level 1
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Exterior
Parking Features Garage
Lot Features Back Yard
Water Source Public
Total Parking 3
Lot Size Area 2614
Number of Buildings 2
Spa false
Building Area Total 1118
Lot Size Acres 0.06
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 0
Number of Separate Electric Meters 0
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* Excluded Features
List By
Think Boutiq Real Estate

Broker

Lance.Nassau@gmail.com

Email

Affordability Calculator

$16,002
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,002
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/11/2026$2,599,000 Listed Price

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2937 Terry Rd, Laguna Beach, CA, 92651 is a Multi-Family Home for sale at $2,599,000 with 1,118 sqft and a lot size of 0.06. 2937 Terry Rd is a studio with 1.0 baths and was built in 1927. The property's zip code is 92651 which is in Laguna Beach, CA