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    2838 Wards Terrace

    Laguna Beach, CA 92651
    • $4,995,000
    • STATUS: ACTIVE
    • ON SITE: 109 days
    • ID#: 302872159
    UPDATED: 227 min ago
    $4,995,000
    • 4
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1927
    County:

    School Ratings & Info

    Description

    Three apartments located on the second row from Laguna's famous Victoria Beach! One unit in the rear is very private, and there are two additional units in front, one upstairs and one at street level. There are ocean views from the upstairs unit. This is an excellent opportunity to redevelop the property into a single family home, on a street with several ocean-front homes, or for continued use as income property. The two larger units in front may be combined into a single 2-level beach house, and the rea Three apartments located on the second row from Laguna's famous Victoria Beach! One unit in the rear is very private, and there are two additional units in front, one upstairs and one at street level. There are ocean views from the upstairs unit. This is an excellent opportunity to redevelop the property into a single family home, on a street with several ocean-front homes, or for continued use as income property. The two larger units in front may be combined into a single 2-level beach house, and the rear apartment may be used as a detached studio, office or gym. The three units currently generate $8,685 in monthly rents.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.lajollaagent.com/homes/110470741
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    2838 Wards Terrace Laguna Beach, CA 92651

    • Price: $4,995,000
    • Status: ACTIVE
    • Updated: 227 min ago
    • ID#: 302872159
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    1927
    Built
    Neighborhood:
    Victoria Beach (Vb)
    County:
    Orange
    Area:
    Oc - Laguna Beach (92651)
    Property Description
    Three apartments located on the second row from Laguna's famous Victoria Beach! One unit in the rear is very private, and there are two additional units in front, one upstairs and one at street level. There are ocean views from the upstairs unit. This is an excellent opportunity to redevelop the property into a single family home, on a street with several ocean-front homes, or for continued use as income property. The two larger units in front may be combined into a single 2-level beach house, and the rea Three apartments located on the second row from Laguna's famous Victoria Beach! One unit in the rear is very private, and there are two additional units in front, one upstairs and one at street level. There are ocean views from the upstairs unit. This is an excellent opportunity to redevelop the property into a single family home, on a street with several ocean-front homes, or for continued use as income property. The two larger units in front may be combined into a single 2-level beach house, and the rear apartment may be used as a detached studio, office or gym. The three units currently generate $8,685 in monthly rents.
    Exterior Features

    Pool N/K Site Easement Access View Mountains/HillsOceanPanoramic

    Interior Features

    Cooling N/K Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1

    Property Features

    Annual Expense Actual 5000 Buildings 1 Gross Scheduled Income Actual 104220 Home Owners Fees 0.0 Sewer Septic Sewer Connected Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 1685.0 Unit2 Rent Actual 3000.0 Unit3 Rent Actual 4000.0 Water Meter On Property

    Listing provided courtesy of Residential Agent Inc.. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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