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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$4,495,000

Est. payment - /mo

4 Beds

4 Baths

2,191 SqFt

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,191 sqft

Price per Sqft $2,051

Subdivision Victoria Beach (Vb)

MLS Listing ID OC25016333

Bedrooms 4

Full Baths 1

Half Baths 1

Three Quarter Bath 2

HOA Y/N No

Year Built 1940

Lot Size 2,252 Sqft

Property Sub-Type Triplex

Property Description

Perched along Wards Terrace in South Laguna Beach, this classic 1940s triplex is just steps from the sands of Victoria Beach, offers ocean views, and outstanding ARV income potential. Escape to the beach with family and friends or take advantage of short- or long-term revenue opportunities, with an entire property primed for future value potential. Its location at the beach is among the best along the Orange County coast, only moments from the luxurious Montage Laguna Beach resort, classic restaurants including Dizz's As Is, the golf course at The Ranch at Laguna Beach, and downtown Laguna's popular galleries and boutiques. Victoria Beach, with its enchanting Pirates Tower, tide pools and dramatic sunset vistas, continues to charm locals and visitors alike. At home, residents will enjoy a trio of open and bright apartments, including a beautiful top-level unit with panoramic ocean views that encompass breaking waves and Catalina Island. This apartment also hosts two bedrooms, one bath, a fireplace and an ocean-view balcony. Two one-bedroom, one-bath units include one with a loft and a detached cottage with private stone patio and deck. Two single-car garages feature brand-new doors, and wood floors, open-beam ceilings and upgraded kitchens are on display. With its beach setting, priceless views and enviable income prospects, this cottage-style Laguna Beach triplex is poised to enrich your lifestyle.

Location

State CA

County Orange

Area Lv - Laguna Village

Rooms

Main Level Bedrooms 1

Interior

Interior Features Beamed Ceilings, Balcony, Separate/Formal Dining Room, Eat-in Kitchen, Galley Kitchen

Heating Fireplace(s), Wall Furnace

Cooling None

Flooring Laminate, Vinyl

Fireplaces Type Family Room

Fireplace Yes

Appliance Free-Standing Range

Laundry In Garage

Exterior

Parking Features Garage, Off Street

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Fishing, Hiking, Suburban, Water Sports

Waterfront Description Beach Access,Beach Front

View Y/N Yes

View Coastline, Ocean, Panoramic

Porch Deck

Attached Garage Yes

Total Parking Spaces 3

Private Pool No

Building

Lot Description Cul-De-Sac

Dwelling Type Triplex

Faces West

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

Elementary Schools El Morro

Middle Schools Thurston

High Schools Laguna Beach

School District Laguna Beach Unified

Others

Senior Community No

Tax ID 65615169

Acceptable Financing Cash to New Loan, 1031 Exchange, Owner Survey

Listing Terms Cash to New Loan, 1031 Exchange, Owner Survey

Special Listing Condition Standard

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Listed by Nura Motal • Douglas Elliman of California • 949-525-2153

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2838 Wards Terrace Laguna Beach, CA 92651