31729 Fairview Road, Laguna Beach, California 92651, Laguna Beach, 92651 - bed, bath

31729 Fairview Road, Laguna Beach, California 92651 home-pic-0
ACTIVE$2,690,000
31729 Fairview Road, Laguna Beach, California 92651
0Bed
0Bath
1,559Sqft
1,307Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Coastal Location: The property is situated in the highly desirable South Laguna Beach community, offering a short walk to world-class beaches, boutique shops, and local dining, significantly enhancing its appeal and rental demand.
Top Cons:
Limited On-Site Parking: The property offers only two dedicated parking spaces for a triplex, which may be insufficient for all tenants and could pose a challenge for parking availability.

Compared to the nearby listings

Price:$2.69M vs avg $2.50M (+$190,000)63%
Size:1,559 sqft vs avg 1,978 sqft25%
Price/sqft:$1.7K vs avg $1.2K94%

More Insights

Built in 1937 (88 years old).
Condition: Despite being built in 1937, the property has undergone a 'fully renovated' and 'turnkey' transformation. The description explicitly states extensive upgrades including new windows, doors, siding, custom kitchens with high-end appliances (Fisher-Paykel, Samsung, SMEG), designer bathrooms with modern fixtures, new in-unit laundry, and energy-efficient tankless water heaters. The images confirm a pristine, modern aesthetic with light wood flooring, recessed lighting, and contemporary finishes throughout all units. This comprehensive and recent renovation brings the property's condition to that of a virtually new home, meeting current quality standards with no deferred maintenance.
Year Built
1937
Close
-
List price
$2.69M
Original List price
$2.69M
Price/Sqft
$1,725
HOA
-
Days on market
-
Sold On
-
MLS number
LG25050396
Home ConditionExcellent
Features
Good View: City Lights, Neighborhood, Ocean
ViewCity Lights,Neighborhood,Ocean

About this home

31729 Fairview Road presents a rare opportunity to acquire a fully renovated, turnkey triplex in the highly desirable South Laguna Beach community—just a short walk from world-class beaches, boutique shops, and local dining. With all units expected to be leased by September 1, 2025, this property offers immediate income potential in one of Southern California’s most sought-after rental markets. The triplex includes a spacious upper unit with ocean views, a well-appointed lower unit, and a charming junior ADU (JADU), each with its own private entrance. All three units have been thoughtfully redesigned to attract quality tenants and provide maximum functionality. Upgrades include new windows, doors, and siding, along with custom kitchens featuring sleek quartz countertops and high-end appliances from Fisher-Paykel, Samsung, and SMEG. Bathrooms are finished with designer tile, modern fixtures, and a mix of oak and penny tile flooring, adding a luxurious touch throughout. Each unit also includes in-unit laundry with new stackable washer and dryer units, as well as energy-efficient tankless water heaters for modern comfort. The property offers two dedicated parking spaces and sits on a private street, enhancing its appeal for tenants seeking both convenience and privacy. Beyond the strong rental fundamentals, the location is a major draw—residents can start their day with a peaceful walk to the beach, enjoy a coffee or meal at one of the nearby cafes, and return home to relax while taking in the sunset from the upper unit’s living space. Whether you're looking to grow your investment portfolio or secure a premium income-producing property in a coastal location, 31729 Fairview Road delivers exceptional value, turnkey condition, and built-in rental demand. Please inquire for current rental rates being received on the property.

Nearby schools

9/10
El Morro Elementary School
Public,K-55.5mi
9/10
Thurston Middle School
Public,6-83.5mi
9/10
Laguna Beach High School
Public,9-123.4mi
Condition Rating
Excellent

Despite being built in 1937, the property has undergone a 'fully renovated' and 'turnkey' transformation. The description explicitly states extensive upgrades including new windows, doors, siding, custom kitchens with high-end appliances (Fisher-Paykel, Samsung, SMEG), designer bathrooms with modern fixtures, new in-unit laundry, and energy-efficient tankless water heaters. The images confirm a pristine, modern aesthetic with light wood flooring, recessed lighting, and contemporary finishes throughout all units. This comprehensive and recent renovation brings the property's condition to that of a virtually new home, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Prime Coastal Location: The property is situated in the highly desirable South Laguna Beach community, offering a short walk to world-class beaches, boutique shops, and local dining, significantly enhancing its appeal and rental demand.
Turnkey Triplex with Income Potential: This fully renovated triplex, including a JADU, provides immediate income potential in a sought-after rental market, with all units expected to be leased by September 1, 2025.
Extensive Modern Renovations: All units have been thoughtfully redesigned with new windows, doors, siding, custom kitchens featuring high-end appliances (Fisher-Paykel, Samsung, SMEG), designer bathrooms, in-unit laundry, and energy-efficient tankless water heaters.
Desirable Ocean Views: The spacious upper unit offers captivating ocean views, allowing residents to enjoy sunsets, which is a premium feature in this coastal market.
Privacy and Convenience: Located on a private street with each unit boasting its own private entrance, enhancing tenant privacy and convenience.

Cons

Limited On-Site Parking: The property offers only two dedicated parking spaces for a triplex, which may be insufficient for all tenants and could pose a challenge for parking availability.
Small Lot Size: With a lot size of only 1,307 sqft, outdoor living space is minimal, and future expansion opportunities are severely limited for a multi-unit property.
Future Lease-Up Uncertainty: While promising 'immediate income potential,' the description notes units are 'expected to be leased by September 1, 2025,' indicating not all units are currently leased, which introduces a short-term income gap or leasing effort for a new owner.

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