Sold

31312 Pedro Street

Laguna Beach CA, 92651

$2,700,000


$1,896.07 per sqft

Sold

2 Beds

2 Baths

1,424 sqft

Residential

Built in 1940

Listed by Peter McCormick with USA Veterans Real Estate and Mortgage Company 949-289-9408

Back on the market. Buyer failed to perform. Amazing 180-degree white water, ocean, and Catalina views from this beach cottage on a large street to street lot in Laguna Beach's coveted Coast Royal neighborhood. Short walk to some of the best beaches in Laguna Beach, to include West Beach, Table Rock, Thousand Steps Beach and direct beach access via a pedestrian tunnel to Aliso Beach. The house features a freshly painted interior with hardwood floors, wood beamed ceilings, front tiled patio, rear wood deck, and a hand laid rock backyard. In addition to easy beach access, the Coast Royal neighborhood is within walking distance to the South Laguna Village for restaurants and shops, hiking trails, and The Ranch for golf, dining, and live music. Assumable VA Loan at 2.25%.

Looking for a larger, newer house? The sale includes city approved plans for a major remodel to increase the total house size to 3,576 sqft over three levels with a total of 3 en-suite bedrooms, all with ocean views, large living room, dining room, and family room all with ocean views, large designer kitchen, a bonus third level 680 sqft family room, or 4th ensuite bedroom with plans to convert to an ADU, over 800 sqft of ocean view decks and patios, an oversized 538 sqft subterranean two car garage, and a large ocean view backyard with room for a pool. The plans for the major remodel were approved by the City of Laguna Beach Design Review Board (DRB) in October 2021 and now valid until 2025. Seller has completed the structural and civil engineering plans, the mechanical, electrical, plumbing, and fire sprinkler plans, and completed the soil testing. The construction plans are all ready to submit to the City for approval and permitting.

OC22082192

MLS ID

April 21, 2022

Listed

March 23, 2024

Updated

Map

31312 Pedro Street
Laguna Beach CA, 92651

Interior Features

Total Stories

2


Bedrooms

2 Beds


Bathrooms

2 Baths


Interior Features

Beamed Ceilings, Built-in Features, Granite Counters, Main Level Primary


Appliances

Built-In Range, Dishwasher, Gas Cooktop, Gas Oven, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Dryer, Washer


Laundry Description

Electric Dryer Hookup, Gas Dryer Hookup, In Garage


Floor Description

Carpet, Tile, Wood


Fireplace

Yes


Fireplace Description

Living Room, Wood Burning


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Central, Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.14 Acres


Exterior Features

Barbecue, Lighting


Lot Features

Back Yard, Drip Irrigation/Bubblers, Front Yard, Gentle Sloping, Sprinklers In Rear, Sprinklers In Front, Near Public Transit, Rectangular Lot, Sprinklers Timer, Sprinkler System, Sloped Up, Trees, Value In Land, Walkstreet, Yard


Roof

Shingle


Sewer

Public Sewer

School Information

School District

Laguna Beach Unified

Other Property Details

Area Name

SL - South Laguna


Days on Market

431


Garage

Yes


Garage Spaces

1


Parking

Asphalt, Door-Single, Driveway, Driveway Up Slope From Street, Garage Faces Front, Garage


Parking Total

1


View

Yes


View Description

Ocean


County

Orange


Water Source

Public


Pool

No


Pool Features

None


Waterfront

Yes


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

8/1/2023

Sold

$2,700,000

7/26/2023

Pending

7/1/2023

Active

6/12/2023

Pending

Listing Contact: 949-289-9408 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:21 AM UTC

 

Powered byLuxury Presence