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Christian Walsh(949) 635-4466
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Status: Under Contract
On Site:22 Days
Lot Size:2,614 Sq. Ft.
Remarkable opportunity to own two spectacular units moments from Victoria Beach with sweeping ocean & Catalina Island views. Nestled within a scenic cul-de-sac, this turn-key property offers exceptional income opportunity just minutes to Victoria Beach. The opulent upper and lower units provide an abundance of light and include one spacious bedroom, one upgraded bathroom, one garage space, and a private patio area from which to enjoy the ocean breezes. Beamed ceilings, pendant lighting, custom cabinetry, designer tile backsplashes, are among the decorative flourishes. Further amenities include top-of-the-line stainless steel appliances, recessed lighting, an attached 2-car garage, barbeque, and an outdoor shower, perfect for those sandy beach days. Paired with an unbeatable location and stunning ocean views, 2955 and 2957 Terry Rd is an offering not to be missed. The two units will be delivered vacant by May, providing the option to live in one unit, and rent out the other.
$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.
Address:2955 Terry Road Laguna Beach, CA 92651
Area:(LV) Laguna Village
Subdivision:Upper Victoria Beach (Uvb)
Total Units: 2
Stories Total: 2
Unit 1: 1 Unit•1 Bed•1 Bath•1 Garage•Furnished•$41,400 actual rent•$41,400 total rent•$43,800 pro forma
Unit 2: 1 Unit•1 Bed•1 Bath•1 Garage•Furnished•$37,200 actual rent•$37,200 total rent•$40,200 pro forma
Parking: Paved, Garage
Garage Spaces: 2
Features / Amenities
Floor Material: Laminate, Tile, Wood
Interior: Balcony, Beamed Ceilings, Built-in Features, Recessed Lighting
Rooms: Family Room, Kitchen, Loft, Main Floor Bedroom
Windows: Custom Covering
Laundry: Common Area
Common Walls: No Common Walls
Parking Total: 2
Appliances: Barbecue, Dishwasher, Freezer, Gas Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator
Lot Size: 0.06 Acres / 2,614 Sq. Ft.
Lot Features: No Landscaping
View: City Lights, Ocean, Panoramic
Lot Number: 38
Sewer: Public Sewer
Directions:From PCH, turn onto Hinkle Pl, turn onto Terry Rd. Upper unit is 2955, lower unit is 2957
Tax and Financial Info
Land Lease: No
Electric Expense: 2200.00
Gardener Expense: 500.00
Insurance Expense: 2840.00
Trash Expense: 400.00
Water / Sewer Expense: 1500.00
Gross Annual Income: 79800.00
WALKING AND TRANSPORTATION
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Listing provided courtesy of Tim Smith, Coldwell Banker Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of April 21, 2021. 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. IDX provided by Sierra Interactive.