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2955 Terry Road, Laguna Beach, CA 92651
2
beds
2
baths
1575
ft2
· 2724
ft2 lot
$1,825,000
$1,159 / ft2
Listing provided courtesy of Chad Concolino, Main Beach Realty.
Source 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!
HOA
$0/month
On market
8 months
Year built
1939
Property type
Multi-Family
Parking
1
MLS
LG20171858
Price / Sq.Ft.
$1,159 / ft2
Status
Active
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Community
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
•   
Room Information: Main Floor Master Bedroom
Interior Size
•   
Building Area Total: 1575.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Garage
•   
Garage Spaces: 1.00
Property Features
•   
View: City Lights, Ocean, Panoramic, Water
•   
Property Condition: Updated/Remodeled
•   
Common Walls: 1 Common Wall
Building Info
•   
Building Area Units: Square Feet
•   
Num Stories: One
•   
Year Built Source: Public Records
Lot Info
•   
Lot Features: Near Public Transit
•   
Lot Size Source: Estimated
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.0625
•   
Lot Size Area: 2724.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 2
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 1
•   
Number Of Separate Gas Meters: 1
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 400.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 400.00
•   
New Taxes Expense: 20000.00
•   
Insurance Expense: 2840.00
•   
Total Expenses: 25940.00
•   
Gross Scheduled Income: 79800.00
•   
Operating Expense: 25940.00
•   
Gardener Expense: 500.00
Tax/Assessment Info
•   
Gross Income: 0.00
•   
Tax Year: 2020
•   
Taxes: 13602.0
Lease Info
•   
Net Operating Income: 53860.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 1800.00
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 37200.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Furnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 1.00
•   
Unit 2 Total Rent: 37200.00
Unit 1 Information
•   
Unit 1 Bedrooms: 1
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Furnished
•   
Unit 1 Garage Spaces: 1.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 41400.00
•   
Unit 1 Total Rent: 41400.00
Multi Unit Information
•   
# Of Units: 2
School Neighborhood & Directions
Location
•   
Other Subdivision Name: Arch Beach Heights (ABH)
•   
Subdivision: Arch Beach Heights (ABH)
•   
Community Features: Suburban
•   
Directions: PCH to Hinkle to Terry Rd- The property has 2 addresses, 2955 for the top unit and 2957 for the bottom unit
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Calculation
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Dom: 28
•   
Cdom: 28
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 17, 2021 5:10pm
Neighborhood snapshot
193
Properties for sale
31
Median days on market
$1153.85
Median sold price/sqft
96.29%
Sold/List %
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Property History
03/31/2021
03/31/2021
CRMLS #NP21061434
active
CRMLS #NP21061434
$1,825,000
08/24/2020
08/24/2020
CRMLS #LG20171858
active
CRMLS #LG20171858
$1,825,000
08/21/2020
08/21/2020
CRMLS #LG20171858
other
CRMLS #LG20171858
$1,825,000
+71.36%
09/14/2014
09/14/2014
Public Record
sold
Public Record
$1,065,000
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