31955 10th, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 3 bath
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Laguna Beach, California 92651
This updated Laguna Beach Cottage is a High-Potential Investment Opportunity, listed at $2,295,000—positioned well below the $2,643,133 Fair Market Value by 13%. This valuation gap provides $348,133 in Instant Equity. Boasting a Condition Rating of 2, the home features a Granite Kitchen and Panoramic Ocean Views of Catalina Island. Located in the prestigious Laguna Beach Unified district with 9/10 rated schools, it offers a premium coastal lifestyle near Thousand Steps Beach. This is an exceptional acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31955 10th Subject | $2,295,000* List Price | 3 | 3 | 1,475 | $1,792 | - |
A 31507 Eagle Rock Way Sold | $2,270,000 | 3 | 3 | 1,200 | $1,892 | 0.5 mi |
B 31706 Scenic Active | $2,495,000 List Price | 3 | 3 | 1,391 | $1,794 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1931, the property has undergone recent comprehensive renovations including an upgraded kitchen with granite countertops and new stainless steel appliances, modernized bathrooms with a new shower and Jacuzzi tub, and new flooring and dual-paned windows throughout, placing it in the <5 year renovation category.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
The property boasts exceptional, unobstructed views of the Pacific Ocean, Catalina Island, and the North Coast, which are prominently featured from the expansive outdoor deck and main living areas.
Ideally situated just three blocks from the iconic Thousand Steps Beach and within close proximity to South Laguna’s premier dining and shopping, offering high walkability and a desirable lifestyle.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1475, other record living area = 1384. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With a lot size of only 3,694 square feet, the property offers limited outdoor yard space and may feel constrained compared to other single-family residences in the area.
The residence features a double carport rather than a fully enclosed garage, which may be a drawback for buyers prioritizing vehicle security or additional enclosed storage space.
Charming Laguna Beach Cottage with Stunning Ocean Views This updated Laguna Beach cottage offers breathtaking ocean, Catalina Island, and North Coast views. Just three blocks from Thousand Steps Beach and near South Laguna’s dining and shops, it blends timeless charm with modern upgrades. The main level features a living and dining room with wood flooring, a cozy fireplace, and an upgraded kitchen with granite countertops, new tile flooring, and stainless steel appliances, including an air fryer stove. A half bath with new tile flooring adds convenience. An expansive deck provides stunning blue-water views, while a wrap-around garden with mature pine and palm trees enhances its coastal charm. Recent updates include fresh paint, new tile and carpet, updated light fixtures, dual-paned windows, and modernized bathrooms, with a Jacuzzi tub in the primary bath?, New Shower. The lower level offers two bedrooms, an upgraded bath, a private side yard, and a double carport. This Laguna Beach gem is a must-see!
No exterior & parking available.
Grades K-5 • 5.8 mi
Grades 6-8 • 3.8 mi
Grades 9-12 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,475 | 2,120 | 15% |
| Lot Size | 3,694 | 6,125 | 16% |
| Price | $2.29M | $3.20M | 22% |
| Price per sq ft | $1.6K | $1.5K | 53% |
| Built year | 1931 | 1964 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 161 | 5% |
May 6, 2026
$2,295,000
Initial Listing
May 4, 2026
$1,295,000
Initial Listing
May 13, 2022
$1,875,000
Public Record