2838 Wards Terrace

Laguna Beach, CA 92651

$4,995,000
Price
4
Beds
3
Baths
1,850 Sq. Ft.
$2,700 / Sq. Ft.
1,850
Sq. Ft.
$2,700
per Sq. Ft.

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...

Property Details for 2838 Wards Terrace

View
Hills, Ocean, Panoramic
Parking Spaces Total
2
Private Pool
No
Cooling Type
N/K

Property Details for 2838 Wards Terrace

StatusActive
MLS #LG20197031
Days on Market115
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1927
Lot Size0.05 AC / 2,178 SF
CountyOrange County

Listing Agent

Kenneth (Chris) Guziak

Residential Agent Inc.

guziak@gmail.com

P: 949.285.0509

M: 949.285.0509

DRE #01487719

Contact Agent(s)

Location

Listing Courtesy of Residential Agent Inc., Kenneth (Chris) Guziak, DRE #01487719; Re/Max One, Mark Miller, DRE #01248234

Building Information for 2838 Wards Terrace

Stories3Residences-Year Built1927Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

$16,740 per month

30 year fixed, 2.95% Interest

Principal and Interest

$16,740

Property Taxes

HOA Dues

$0

Property Information for 2838 Wards Terrace

Property Features
    Interior Features
  • Common Walls: No Common Walls
  • Fireplace: Yes
  • Fireplace Features: Living Room
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Levels: Two
  • Number of 3 Quarter Bathrooms: 0.0
  • Baths One Quarter: 0.0
  • Total Units: 3.0
  • Room Type: Laundry, See Remarks
    Exterior Features
  • Pool Features: None
  • Waterfront Features: Across the Road from Lake/Ocean, Ocean Side Of Highway 1
    Parking Info
  • Carport Spaces: 0
  • Garage Spaces: 2
    Water Details
  • Water Source: Public
Property / Structure Info
    Property / Structure Info
  • New Construction: No
  • Property Attached YN: false
  • Parcel Number: 65615169
  • Property Condition: Fixer, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Stories Total: 3
  • Year Built: 1927
  • Year Built Source: Assessor
    Measurements / Dimensions
  • Building Area Total: 1850
  • Building Area Units: Square Feet
  • Living Area: 1850
Community/Development / Location Info
    School/Location Info
  • Zip Code: 92651
  • Street Number Numeric: 2838.0
  • Street Name: Wards
  • Street Suffix: Terrace
  • Country: US
  • County Or Parish: Orange
  • Directions: PCH to Victoria to Dumond to Wards Terrace.
  • MLS Area Major: Laguna Village (LV)
    Association Information
  • Association: No
  • Community Features: Watersports, Suburban
  • Association Fee: $.00
  • Subdivision Name: Victoria Beach (VB)
  • Subdivision Name Other: Victoria Beach (VB)
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Assessments: Unknown
  • Assessments YN: Yes
  • Tax Census Tract: 626.20
  • Tax Block: C
  • Tax Lot: 3
  • Tax Tract Number: 25
    Income Details
  • Gross Income: $104,220
  • Gross Scheduled Income: $104,220
  • Net Operating Income: $99,220
    Expense Details
  • Electric Expense: $0
  • Fuel Expense: $0
  • Insurance Expense: $1,500
  • Maintenance Expense: $2,500
  • New Taxes Expense: $0
  • Operating Expense: $5,000
  • Total Expenses: $5,000
  • Trash Expense: $0
  • Water Sewer Expense: $0
Unit Information
    Unit 1
  • Unit Type Actual Rent: $1,685
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 2200
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,685
  • Unit Type Type: 1
    Unit 2
  • Unit Type Actual Rent: $3,000
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 3600
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $3,000
  • Unit Type Type: 2
    Unit 3
  • Unit Type Actual Rent: $4,000
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 5000
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $4,000
  • Unit Type Type: 3
    Multi-Unit Info
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
Rental Info
    Rental Info
  • Rent Controlled: No
Land/Lot Info
    Land/Lot Info
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Acres: .05
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2178
  • Lot Size Units: Square Feet
  • Sewer: Public Sewer, Sewer Paid

Property History for 2838 Wards Ter

DateEvent & SourcePriceAppreciation
Sep 21, 2020

Listed (Active)

CRMLS #LG20197031

$4,995,000
Sep 20, 2020

Listed (Active)

SDMLS #LG20197031

$4,995,000
Sep 20, 2020

Listed (Active)

CRMLS #LG20196720

$4,995,000
DateEvent & SourcePrice
09/21/2020

Listed (Active)

CRMLS #LG20197031

$4,995,000
09/20/2020

Listed (Active)

SDMLS #LG20197031

$4,995,000
09/20/2020

Listed (Active)

CRMLS #LG20196720

$4,995,000

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$931,978Additions$79,889Total$1,011,867
Tax Record2020$12,617 ($1,051 / month)
Home Facts
Beds3Total Finished SqFt1,455 SqFtAbove Grade Finished SqFt1,455 SqFtLot Size2,250 SqFtStyleSingle Family ResidenceYear Built1927CountyORANGEAPN65615169

Schools near 2838 Wards Terrace


SchoolTypeGradesDistanceRating
St. Catherine Of Siena Parish SchoolPrivateK-80.2 mi
NR
Laguna Beach High SchoolPublic9-121.6 mi
9
Laguna Beach AdultPublic1.7 mi
NR
Thurston Middle SchoolPublic6-82.0 mi
9

St. Catherine Of Siena Parish School

K-8, 0.2 mi, Private

NR

Laguna Beach High School

9-12, 1.6 mi, Public

9

Laguna Beach Adult

1.7 mi, Public

NR

Thurston Middle School

6-8, 2.0 mi, Public

9

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.

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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 September 20, 2020 by Residential Agent Inc. at $4,995,000. This listing's school district is Laguna Beach Unified School District. Nearby schools include Laguna Beach High School, El Morro Elementary School and Thurston Middle School. 2838 Wards Terrace is a 4-bed, 3-bath, 1,850 sqft multi-family home built in 1927. This address can also be written as 2838 Wards Ter.

All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.

Listing Courtesy of Residential Agent Inc., Kenneth (Chris) Guziak, DRE #01487719; Re/Max One, Mark Miller, DRE #01248234

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, 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, 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.