2838 Wards Terrace

Laguna Beach, CA 92651

$4,495,000
Price
4
Beds
3
Baths
2,191 Sq. Ft.
$2,052 / Sq. Ft.
2,191
Sq. Ft.
$2,052
per Sq. Ft.

Description

Ask Laguna Beach locals which bit of sand is best, you’ll get varied responses but a standout will always be the fabled Victoria Beach. The beautiful stretch of golden sand is flanked on both ends with legendary landmarks including the Victoria castle at the north end and Goff Island to the south. Home of skimboarding, a spectacular salt-water pool, and the renown Labor Day volleyball tournament, only a handful of properties sit on the prized streets leading to the sand here. 2838 Wards Terrace is...Ask Laguna Beach locals which bit of sand is best, you’ll get varied responses but a standout will always be the fabled Victoria Beach. The beautiful stretch of golden sand is flanked on both ends with legendary landmarks including the Victoria castle at the north end and Goff Island to the south. Home of skimboarding, a spectacular salt-water pool, and the renown Labor Day volleyball tournament, only a handful of properties sit on the prized streets leading to the sand here. 2838 Wards Terrace is one of those rare properties to live at the beach, get your toes in the sand and soak it all in. Currently configured as a three unit property, the front upper two bedroom home has terrific beach views though the sound of the waves can even be heard in the lower and rear one bedroom units. This is the first property available in years for less than $5 million on these special streets – just a minute and you’re on the sand. Perfect as a beach getaway (with extra rentals or room for family and friends), an owner-occupied beach home with rentals, or… ? So many possibilities, and an amazing location that is tough to duplicate. If you are looking for a true beach experience, 2838 Wards Terrace is tough to beat!

Listing Agents

  1. Mike Johnson

    Mike Johnson

    Listing Agent

    Compass

    DRE #01429647

  2. Paulo Prietto

    Paulo Prietto

    Alternative Listing Agent

    Compass

    DRE #01878796

Property Details for 2838 Wards Terrace

View
Ocean, White Water
Parking Spaces Total
3
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2191

Location

Listing Courtesy of Compass, Mike Johnson, DRE #01429647; Compass, Paulo Prietto, DRE #01878796
Add your commute
LISTING UPDATED: 05/03/2023 05:30 AM

Property Details for 2838 Wards Terrace

StatusActive
MLS #LG22130819
Days on Market464
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1927
Lot Size0.05 AC / 2,178 SF
CountyOrange County

Location

Listing Courtesy of Compass, Mike Johnson, DRE #01429647; Compass, Paulo Prietto, DRE #01878796
Add your commute

Building Information for 2838 Wards Terrace

Stories2Residences-Year Built1927Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

$25,638 per month

30 year fixed, 7.25% Interest

Principal and Interest

$24,531

Property Taxes

$1,107

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2838 Wards Terrace

Rental Info
Rental Info
  • Tenant Pays: Cable TV
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $123,948
  • Net Operating Income: $0
  • Laundry Income: $1,068
Expense Details
  • Operating Expense: $10,256
  • New Taxes Expense: $49,445
  • Fuel Expense: $784
  • Licenses Expense: $800
  • Electric Expense: $1,196
  • Insurance Expense: $2,000
  • Maintenance Expense: $5,846
  • Trash Expense: $0
  • Water Sewer Expense: $500
  • Total Expenses: $60,904
Tax / Assessment Info
  • Tax Block: C
  • Tax Tract Number: 25
  • Tax Census Tract: 626.20
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 3
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking, Fishing, Hiking
Property / Structure Info
Interior Features
  • Interior Features: Living Room Balcony
  • Room Type: Kitchen, Living Room, Loft, Main Floor Bedroom
Exterior Features
  • View Description: Ocean, White Water
  • Waterfront Features: Across the Road from Lake/Ocean, Ocean Side Of Highway 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking: Yes
  • Parking Garage: Assigned, Carport, Garage
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Carport Spaces: 0
  • Parking Features: Assigned, Carport, Garage
Property / Structure Info
  • Builders Tract Name: Victoria Beach
  • Builders Tract Code: Victoria Beach (VB)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $4,495
  • Unit Type Total Rent: $4,495
  • Unit Type Pro Forma: 4800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,695
  • Unit Type Total Rent: $2,695
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,050
  • Unit Type Total Rent: $3,050
  • Unit Type Pro Forma: 3050
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 2838 Wards Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2838 Wards Terrace

Taxable ValueLand$979,674Additions$83,976Total$1,063,650
Tax Record2022$13,288 ($1,107 / month)
Home Facts
Beds3Total Finished SqFt1,455 SqFtAbove Grade Finished SqFt1,455 SqFtStories3Lot Size2,250 SqFtStyleSingle Family ResidenceYear Built1927CountyORANGEAPN656-151-69

Schools near 2838 Wards Terrace

This home is within Laguna Beach Unified School District.
RatingSchoolTypeGradesDistance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - K to 7
RatingSchoolDistance
El Morro Elementary School
PublicK to 5

Thurston Middle School
Public6 to 8

Laguna Beach High School
Public9 to 12

St. Catherine Of Siena Parish School
PrivateK to 7

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2838 Wards Terrace is a multi-family home for sale in Laguna Beach, CA 92651. This property was listed for sale on June 13, 2022 by Compass at $4,495,000. This listing's school district is Laguna Beach Unified School District. Nearby schools include El Morro Elementary School, Thurston Middle School and Laguna Beach High School. 2838 Wards Terrace is a 4-bed, 3-bath, 2,191 sqft multi-family home built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Mike Johnson, DRE #01429647; Compass, Paulo Prietto, DRE #01878796

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.