2955 Terry Road, Laguna Beach, CA 92651

List Price
$2,490,000
Price Change
▼ $160,000 1750189348
Status
ACTIVE UNDER CONTRACT
MLS#
LG25079862
Lot Size(apprx.)
2,614
Property Type
Multifamily
Year Built
1939

Property Description

Discover the ideal coastal investment at 2955 and 2957 Terry Rd, just moments from iconic Victoria Beach and the Montage Laguna Beach. Nestled on a peaceful cul-de-sac, this beautifully remodeled duplex offers unobstructed Pacific Ocean and Catalina Island views, creating a true Laguna Beach retreat. Both units were fully renovated in 2015 with high-end finishes, including double-glazed windows for sound insulation, beamed ceilings, designer tile backsplashes, custom cabinetry, and top-of-the-line stainless steel appliances. Each unit features a spacious bedroom, an upgraded bathroom, a private patio, and shares a two-car garage. A lockable storage room, which also serves as a laundry area, offers potential to be upgraded into a small studio or lounge space—a unique opportunity to increase rental income even further. This property has a strong rental history, with tenants paying top-dollar monthly rents and a proven ability to double rental income during the summer months. Whether you choose to live in one unit and rent the other or lease both, the income potential is outstanding. Don't miss this rare opportunity to own a turn-key property offering breathtaking ocean views, a prime location, and exceptional investment potential. 2955 and 2957 Terry Rd — Laguna Beach living and investing at its best.

Additional Information

Laundry
Common Area
Lot Size
2,614
Neighborhood
Upper Victoria Beach (Uvb)
Stories
Two Levels
View
Catalina, City Lights, Neighborhood, Ocean, Panoramic, Water
Year Built
1939

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Chad Concolino (Chad@mainbeachrealty.com) from Listing Office: Main Beach Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.