$2,599,000

2937 Terry Rd Laguna Beach, CA 92651

Estimated payment $15,131/month

Total Views 1,651
2 Beds
3 Baths
1,118 Sq Ft
$2,325 Price per Sq Ft

Highlights

  • Ocean View
  • No HOA
  • 2 Car Garage
  • El Morro Elementary School Rated A+
  • Zoned Cooling
  • Back Yard

About This Home

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.

Listing Agent

Lance Xavier

Think Boutiq Real Estate Brokerage Phone: 562-714-3845 License #01956545 Listed on: 06/11/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 2,614 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Parking Available

Property Views

  • Ocean
  • Coastline

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,118 Sq Ft Home
  • 2-Story Property
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Zoned Cooling

Listing and Financial Details

  • Legal Lot and Block 37 / G
  • Tax Tract Number 25
  • Assessor Parcel Number 65616309
  • $1,835 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • South Laguna Village Subdivision

Building Details

  • 3 Leased Units
  • Cable TV Expense $900
  • Electric Expense $1,700
  • Fuel Expense $360
  • Gardener Expense $1,680
  • Insurance Expense $1,616
  • Trash Expense $648
  • Water Sewer Expense $1,620
  • Operating Expense $8,524
  • Gross Income $127,800
  • Net Operating Income $119,276

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

2,614 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Victoria Highlands
  • View: Yes
  • Water Sewer Expenses: 1620.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1680.00
  • Parcel Number: 65616309
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 2324.69

Exterior Features

  • View: Coastline, Ocean
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet, Outside
  • Sewer: Public Sewer
  • Trash Expense: 648.00
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Rental Info

  • Tenant Pays: None

Multi Family

  • Cable TV Expense: 900.00
  • Electric Expense: 1700.00
  • Fuel Expense: 360.00
  • Gross Income: 127800.00
  • Gross Scheduled Income: 127800.00
  • Insurance Expense: 1616.00
  • Lot Size Area: 2614.0000 Square Feet
  • Net Operating Income: 119276.00
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 8524.00
  • Rent Control: No
  • Total Actual Rent: 10200.00
  • Total Expenses: 8524.00

Tax Info

  • Tax Block: G
  • Tax Lot: 37
  • Tax Tract Number: 25
  • TaxOtherAnnualAssessmentAmount: 1835.00

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,110 $1,109,939 $1,058,800 $51,139
2024 $12,714 $1,088,176 $1,038,039 $50,137
2023 $12,876 $1,066,840 $1,017,686 $49,154
2022 $12,531 $1,045,922 $997,731 $48,191
2021 $12,192 $1,025,414 $978,167 $47,247
2020 $11,955 $1,014,900 $968,137 $46,763
2019 $11,050 $345,028 $297,942 $47,086
2018 $5,045 $338,263 $292,100 $46,163
2017 $5,122 $331,631 $286,373 $45,258
2016 $5,186 $325,129 $280,758 $44,371
2015 $5,073 $320,246 $276,541 $43,705
2014 $4,963 $313,973 $271,124 $42,849
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2026 06/11/26 For Sale $2,599,000 +161.2% $2,325 / Sq Ft
06/24/2019 06/24/19 Sold $995,000 0.0% $890 / Sq Ft View Prior Sale
05/08/2019 05/08/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $995,000 0.0% $890 / Sq Ft
09/17/2012 09/17/12 Rented $1,800 0.0% --
09/17/2012 09/17/12 Under Contract -- -- --
08/29/2012 08/29/12 For Rent $1,800 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26120844

California Regional Multiple Listing Service (CRMLS)

APN: 656-163-09

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