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

home-pic
ACTIVE$2,690,000
31729 Fairview Road, Laguna Beach, California 92651
4Beds
4Baths
1,559Sqft
1,307Lot
Year Built
1937
Close
-
List price
$2.69M
Original List price
$2.69M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
LG25049918
Home ConditionExcellent
Features
Excellent 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 are fully occupied 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
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (10 Listings)
Beds44
50%
Baths44
50%
Square foot1,5591,827
27%
Lot Size1,3073,000
9%
Price$2.69M$2.5M
64%
Price per square foot$1,725$1,495
91%
Built year19371945
27%
HOA
Days on market244174
91%
Condition Rating
Excellent

Despite being built in 1937, the property has undergone a comprehensive and recent 'fully renovated' transformation, as explicitly stated in the description. All three units feature new windows, doors, siding, custom kitchens with sleek quartz countertops and high-end appliances (Fisher-Paykel, Samsung, SMEG), and bathrooms with designer tile, modern fixtures, and new flooring. Each unit also includes new stackable laundry and energy-efficient tankless water heaters. The images confirm a modern, high-quality aesthetic with light wood flooring, recessed lighting, and contemporary finishes throughout, indicating all components are new or virtually new and meet current quality standards.
Pros & Cons

Pros

Prime Coastal Location: Situated in highly desirable South Laguna Beach, offering immediate walkability to world-class beaches, boutique shops, and local dining, enhancing tenant appeal and property value.
Turnkey & Extensively Renovated: The property is a fully renovated triplex, featuring high-end upgrades including new windows, doors, siding, custom kitchens with premium appliances, designer bathrooms, and modern amenities like in-unit laundry and tankless water heaters.
Strong Income-Generating Asset: Positioned as an immediate income-producing property with all units currently occupied or expected to be leased, demonstrating built-in rental demand in a sought-after market.
Desirable Multi-Unit Configuration: Comprising a triplex with an upper unit, lower unit, and a junior ADU, each with private entrances, providing diversified income streams and flexibility for tenants.
Ocean Views & Convenient Parking: The upper unit offers desirable ocean views, complemented by two dedicated parking spaces and a private street location, adding significant value and convenience in a coastal setting.

Cons

Compact Lot and Building Size: With a total square footage of 1559 sqft and a lot size of 1307 sqft, the property is relatively compact for a triplex, potentially limiting outdoor space or future expansion.
Limited On-Site Parking: Only two dedicated parking spaces are provided for three units, which may be insufficient for tenants and their guests, potentially leading to parking challenges in a dense coastal area.
Age of Original Construction: Despite extensive renovations, the property's original build year of 1937 could present potential long-term maintenance considerations related to the underlying structure or systems not explicitly upgraded.

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