Landlord's Agent in 2025
Shauna Covington
Berkshire Hathaway HomeServices California Properties
(949) 412-8088
4 in this area
97 Total Sales
31423 S Coast Hwy Unit 23 Laguna Beach, CA 92651
South Laguna Bluffs Neighborhood
2
Beds
2
Baths
1,185
Sq Ft
1962
Built
Highlights
- Beach Front
- White Water Ocean Views
- Fitness Center
- El Morro Elementary School Rated A+
- Property has ocean access
- 4-minute walk to Village Green
About This Home
As of August 2025Furnished or Unfurnished. Renowned Los Angeles designer, Fred Segal, previously owned this exquisite condominium, which is now available for lease. Imagine being greeted every morning by the beauty of waves rolling on the sand & 180 degree panoramic views of the majestic Pacific Ocean, Catalina Island & up the coastline to Palos Verdes. This luxurious, furnished or unfurnished 2-bedroom, 2-bathroom residence has been thoughtfully updated with the finest amenities including 24 hour guard gated security. Step into the gourmet kitchen, featuring top-of-the-line appliances: Wolf gas range, Wolf dual fuel oven, deluxe Viking microwave, Bosch dishwasher and built in GE Monogram refrigerator. Plus a wine refrigerator further enhances the entertainment possibilities of this oceanfront condo. Central Air Conditioning.
Experience the epitome of modern living with smart house technology, including WiFi Lutron lighting, Sonos audio sound, & Bose/Samsung surround audio video systems. Every room has been meticulously designed for comfort and enjoyment, including Apple TV connected on both TV screens. The living space seamlessly connects to the outdoors through Fleetwood sliding glass walls.The expansive beach & ocean view deck is the perfect place to dine, unwind and breathe in the gentle ocean breeze. Electric blinds provide privacy and shade at the touch of a button. This fully furnished home includes newer high end Kreiss furniture. Water, gas, trash is included, ensuring a hassle-free and comfortable living experience. Additional features include a new Maytag full-size washer and dryer, as well as a spacious storage room for beach equipment and other belongings. The convenience of an elevator allows for easy access from the parking garage to the pristine beach. With single-story living and no stairs to navigate, this condo offers a seamless and effortless lifestyle. Luxurious wood flooring graces the living areas, while brand new carpeting enhances the comfort of the bedrooms. Ample expanded wardrobe storage throughout the unit ensures that every item has its place. Embrace the ultimate coastal lifestyle with this extraordinary condo. Immerse yourself in the natural beauty of Laguna Beach, while enjoying the convenience of nearby amenities and entertainment options. Revel in the seamless integration of style, technology, and comfort that this home offers. Contact us today for a private tour & the opportunity to experience beachfront living.
Last Agent to Rent the Property
Berkshire Hathaway HomeServices California Properties Brokerage Phone: 949-412-8088 License #00991380 Listed on: 08/08/2025
Co-Listed By
Berkshire Hathaway HomeServices California Properties Brokerage Phone: 949-412-8088 License #02109969
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $22,247
Year Built
- Built in 1962 | Remodeled
Lot Details
- Beach Front
- Two or More Common Walls
Parking
- 2 Car Attached Garage
- Parking Available
- Parking Lot
- Assigned Parking
- Community Parking Structure
Property Views
- White Water Ocean
- Coastline
- Catalina
- Panoramic
Home Design
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 1,185 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Furnished
- Wired For Sound
- Wired For Data
- Recessed Lighting
- Double Pane Windows
- Window Screens
- Family Room Off Kitchen
- Living Room with Attached Deck
- Dining Room
- Storage
Kitchen
- Updated Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Convection Oven
- Electric Oven
- Gas Cooktop
- Microwave
- Freezer
- Dishwasher
- Quartz Countertops
- Built-In Trash or Recycling Cabinet
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom Suite
- Remodeled Bathroom
- Bathroom on Main Level
- 2 Full Bathrooms
- Stone Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
- Walk-in Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Stacked Washer and Dryer
Home Security
Accessible Home Design
- Low Pile Carpeting
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Fence Around Pool
Outdoor Features
- Property has ocean access
- Ocean Side of Highway 1
- Living Room Balcony
- Covered Patio or Porch
- Lanai
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Security Deposit $9,000
- Rent includes association dues, gardener, gas, pool, trash collection, water
- 12-Month Minimum Lease Term
- Available 9/1/25
- Tax Lot D
- Tax Tract Number 831
- Assessor Parcel Number 93168232
- Seller Considering Concessions
Community Details
Overview
- Property has a Home Owners Association
- 78 Units
- Laguna Royale Subdivision
Recreation
- Fitness Center
- Community Pool
- Community Spa
- Water Sports
Security
- 24-Hour Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 29, 2022
Sold by
Covington Chadley R and Covington Shauna M
Bought by
Covington Family Trust
Current Estimated Value
Purchase Details
Closed on
Feb 1, 2019
Sold by
Segal Judith L
Bought by
Covington Chadley R and Covington Shauna M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 1, 2012
Sold by
Segal Judith Lynn
Bought by
Segal Judith L and Jls Living Trust
Purchase Details
Closed on
Sep 29, 2008
Sold by
Segal Fred
Bought by
Segal Judith Lynn
Purchase Details
Closed on
Apr 4, 2007
Sold by
Litman Wayne A and Litman Kay L
Bought by
Segal Fred and The Fred Segal Living Trust
Purchase Details
Closed on
Jul 17, 2006
Sold by
Simpson Marilyn D
Bought by
Litman Wayne A and Litman Kay L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,725,500
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 15, 2005
Sold by
W A Litman Development Co
Bought by
Simpson Marilyn D and The Mailyn D Simpson Trust
Purchase Details
Closed on
Sep 15, 2004
Sold by
Laguna 31423 Llc
Bought by
W A Litman Development Co
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,015,000
Interest Rate
5.7%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 8, 2004
Sold by
Milano Sidonia
Bought by
Laguna 31423 Llc
Purchase Details
Closed on
Feb 17, 2004
Sold by
Bank Of America Na
Bought by
Milano Sidonia
Purchase Details
Closed on
Oct 15, 1999
Sold by
Sidonia Milano
Bought by
Bank Of America Na and Trust #66-02-207-8465575
Purchase Details
Closed on
May 26, 1995
Sold by
Americas International Marketers Inc
Bought by
Wright Jack Richard and Wright Nancy Joy
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Covington Family Trust | -- | California Title Company | |
| Covington Chadley R | $1,950,000 | Chicago Title Company | |
| Segal Judith L | -- | None Available | |
| Segal Judith Lynn | -- | Chicago Title Company | |
| Segal Judith Lynn | -- | Chicago Title Company | |
| Segal Fred | $2,400,000 | Chicago Title Co | |
| Litman Wayne A | $2,465,000 | Chicago Title Co | |
| Simpson Marilyn D | $2,337,500 | Chicago Title Co | |
| W A Litman Development Co | $2,100,000 | Chicago Title Co | |
| Laguna 31423 Llc | -- | -- | |
| Milano Sidonia | -- | -- | |
| Bank Of America Na | -- | -- | |
| Milano Sidonia | -- | -- | |
| Wright Jack Richard | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Covington Chadley R | $1,560,000 | |
| Previous Owner | Litman Wayne A | $369,750 | |
| Previous Owner | Litman Wayne A | $1,725,500 | |
| Previous Owner | W A Litman Development Co | $2,015,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | Rented | $9,000 | 0.0% | -- |
| 08/08/2025 08/08/25 | For Rent | $9,000 | 0.0% | -- |
| 04/26/2024 04/26/24 | Rented | $9,000 | 0.0% | -- |
| 04/23/2024 04/23/24 | Under Contract | -- | -- | -- |
| 03/28/2024 03/28/24 | For Rent | $9,000 | +5.9% | -- |
| 07/22/2023 07/22/23 | Rented | $8,500 | 0.0% | -- |
| 07/22/2023 07/22/23 | Under Contract | -- | -- | -- |
| 07/16/2023 07/16/23 | Price Changed | $8,500 | -5.6% | $7 / Sq Ft |
| 06/25/2023 06/25/23 | Price Changed | $9,000 | -10.0% | $8 / Sq Ft |
| 05/29/2023 05/29/23 | Price Changed | $10,000 | -20.0% | $8 / Sq Ft |
| 05/15/2023 05/15/23 | For Rent | $12,500 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| 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 | $22,247 | $2,175,260 | $1,899,804 | $275,456 |
| 2024 | $22,247 | $2,132,608 | $1,862,553 | $270,055 |
| 2023 | $21,618 | $2,090,793 | $1,826,033 | $264,760 |
| 2022 | $21,167 | $2,049,798 | $1,790,229 | $259,569 |
| 2021 | $20,741 | $2,009,606 | $1,755,126 | $254,480 |
| 2020 | $20,560 | $1,989,000 | $1,737,129 | $251,871 |
| 2019 | $18,077 | $1,734,000 | $1,530,000 | $204,000 |
| 2018 | $22,703 | $2,191,234 | $1,930,918 | $260,316 |
| 2017 | $22,676 | $2,191,234 | $1,930,918 | $260,316 |
| 2016 | $22,273 | $2,148,269 | $1,893,057 | $255,212 |
| 2015 | $21,918 | $2,116,000 | $1,864,621 | $251,379 |
| 2014 | $21,943 | $2,116,000 | $1,864,621 | $251,379 |
Source: Public Records
Agents Affiliated with this Home
-
Shauna Covington
-
Leita Covington
Landlord's Co-Listing Agent in 2025
Leita Covington
Berkshire Hathaway HomeServices California Properties
(949) 395-3037
2 in this area
28 Total Sales
-
Scott Lytle
Tenant's Agent in 2025
Scott Lytle
Compass
(949) 525-1151
6 Total Sales
-
Jennifer Halbert
Buyer's Agent in 2024
Jennifer Halbert
Berkshire Hathaway HomeServices California Properties
(949) 899-2113
2 in this area
27 Total Sales
-
Victoria Strombom
Buyer's Agent in 2023
Victoria Strombom
Surterre Properties
(949) 464-3200
34 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG25178995
APN: 931-682-32
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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