31312 Pedro Street Laguna Beach, 92651

Bedrooms:
2
Bathrooms:
2
Square Feet:
1,424 sqft
Real Estate Photo
Title
Save Now
Save Property
SOLD

Virtual Tour of 31312 Pedro Street , Laguna Beach 92651

Property Description

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.

General Information

Listing Attribution:
USA Veterans Real Estate and Mortgage Company
Listing Agent:
Peter McCormick
CalBRE#:
01925536
Price:
$2,700,000
Status:
Closed
Listing Updated:
8/1/2023
List Date:
4/21/2022
Close Date
2023-07-31
Square Feet:
1,424
Bedrooms:
2
Bathrooms:
2
Garage Spaces:
1.00
Year Built:
1940
City:
Laguna Beach
Zip:
92651
County:
Orange
MLS ID:
OC22082192
Buyer Agency Compensation:
2.000%
Buyer Agency Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Home Features

Interior Features:
Beamed Ceilings, Built-in Features, Granite Counters, Main Level Primary
Exterior Features:
Barbecue, Lighting
Appliances:
Built-In Range, Dishwasher, Gas Cooktop, Gas Oven, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Dryer, Washer
Flooring:
Carpet, Tile, Wood
Laundry:
Electric Dryer Hookup, Gas Dryer Hookup, In Garage
Architectural Style:
Levels:
Two
Fireplace Features:
Living Room, Wood Burning
Cooling:
None
Heating:
Central, Forced Air, Natural Gas
Utilities:
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities
Pool Type Features:
None
Spa Features:
None
Construction Materials:
Concrete, Plaster, Stucco
Roofing:
Shingle
Water Source:
Public
Sewage:
Public Sewer
Accessibility Features:
Safe Emergency Egress from Home, Parking

Community Information

MLS Area:
SL - South Laguna

Lot Information

Lot Size (sq feet):
6,180

Location Information

Directions:
PCH to West St. Left on Monterey St to Pedro St

Current Market Comparison

Subject
Subject
Active
Active
closed
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles

Subject Property

31312 Pedro Street Laguna Beach CA 92651

Property Type:
Single Family Residence
Bedrooms:
2
Bathrooms:
2
Interior SqFt:
1424
Interior Stories:
2
Year Built:
1940

16 Closed Properties

Address
Distance/Miles
Closed Price
Details
1.35 Miles
$1,800,000
1.5 Miles
$1,900,000
1.49 Miles
$2,250,000
1.58 Miles
$2,750,000
1.21 Miles
$6,855,500
1.17 Miles
$1,560,000
0.94 Miles
$3,845,000
1.52 Miles
$2,150,000
1.88 Miles
$2,690,000
1.85 Miles
$3,325,000
0.33 Miles
$3,000,000
1.57 Miles
$1,780,000
1.22 Miles
$1,375,000
1.87 Miles
$2,175,000
1.04 Miles
$1,226,000
1.64 Miles
$2,650,000

42 Active Properties

Address
Distance/Miles
Active Price
Details
0.5 Miles
$2,850,000
0.71 Miles
$15,495,000
1.61 Miles
$2,550,000
1.33 Miles
$1,949,000
1.01 Miles
$1,490,000
1.79 Miles
$1,999,000
1.57 Miles
$2,399,000
1.72 Miles
$4,595,000
1.27 Miles
$1,288,000
1.31 Miles
$1,995,000
1.43 Miles
$3,495,000
1.33 Miles
$3,275,000
1.64 Miles
$2,990,000
0.22 Miles
$3,950,000
1.05 Miles
$1,498,000
1.03 Miles
$1,499,000
1.73 Miles
$1,795,000
0.16 Miles
$3,495,000
0.97 Miles
$1,325,000
1.42 Miles
$2,340,000
0.42 Miles
$2,099,000
0.88 Miles
$2,450,000
1.04 Miles
$1,495,000
1.6 Miles
$2,095,000