$2,599,000
2937 Terry Rd, Laguna Beach CA 92651
Multi-Family (Duplex)
Property type
1 day
On market
$2,325
Price per sqft
2 cars
Garage
1927
Year built
2,614 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Lance Nassau DRE #01956545 562-714-3845, Think Boutiq Real Estate
Listing updated: Jun 11, 2026 at 10:17pm.
Last checked: Jun 11, 2026 at 11:00pm
Source: CRMLS #OC26120844
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $4,250 | $4,250 | $4,250 | Partially |
| 1 | 1 | 1 | — | $4,300 | $4,300 | $4,300 | Partially |
| 1 | 0 | 1 | — | $2,095 | $2,095 | $2,095 | Partially |
# of Buildings: 2
# of Units Total: 3
Separate Electric Meters: 0
Separate Gas Meters: 0
Separate Water Meters: 0
Rent Control: No
Units Leased: 3
Total Actual Rent: $10,200
Tenant Pays: None
Financial Snapshot
Gross Rent Multiplier
20.3x
List Price / Annual Gross Rent
Cap Rate
4.59%
NOI / List Price
Gross Scheduled Income: $127,800
Operating Expense: $8,524
Net Operating Income: $119,276
Annual Operating Expenses
Cable TV: $900
Electric: $1,700
Gardener: $1,680
Fuel: $360
Insurance: $1,616
Trash: $648
Water / Sewer: $1,620
Interior
Cooling: Zoned
Fireplace: None
Laundry: Laundry Closet, Outside
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: One Common Wall
Lot Features: Back Yard
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
View: Coastline, Ocean
Garage and Parking
Parking: Garage
Garage Spaces: 2
Uncovered Spaces: 1
Parking Total: 3
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 65616309
Additional Parcels: No
Tax Lot: 37
Tax Block: G
Subdivision: South Laguna Village (SLV)
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 2937 Terry Rd, Laguna Beach, CA 92651. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,079,200
Total Interest
$2,651,905
Total Payment
$4,731,105
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$15,999
per month
Property History for 2937 Terry Rd
Laguna Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92651.
Similar Homes
Listings with similar prices to 2937 Terry Rd