Active
2695 Laguna Canyon Road
Laguna Beach CA, 92651
$1,950,000
$881.95 per sqft
Active
2,211 sqft
Multi-family
Built in 1931
Listed by Lindsay Clark with Engel & Voelkers Laguna Beach 949-715-3530
Wonderful opportunity to own three detached units in the gorgeous canyon of Laguna Beach. Zoned M1A, light Industrial. Great as an investment rental income property, commercial use or as a home. Sitting on over half an acre and 2 separate parcels of land with over 8,000 sq ft of flat space. The property has amazing potential/future development opportunity. Conveniently located within close proximity to Laguna College of Art and Design, Festival of Arts and Pageant of the Masters, and less than two miles to beaches and downtown Laguna Beach with easy access to hiking trails.
In its current state, there are 3 structures: the main house is two bedrooms, two bathrooms, as well as a garage that has been converted into a playroom. Bifolding Doors in the living room create the ideal flow combing the indoor and outdoor living spaces. The rare, wood burning stove will keep you cozy year round and the new pergola creates a magical outdoor entertaining space.
The second structure is a small two bedroom, one bathroom Casita with a full kitchen and the living area. Recently remodeled and currently vacant, this casita used to rent for about $3k/month
The third structure is the artist studio which is about 18x20 feet of finished work space including electricity.
Such Expansive patio and deck space is hard to find in Laguna.
There is a plenty of parking, at least 6 spaces. Including 2 behind the gate which could also be used for RV or boat parking with a hookup to the sewer.
There's incredible rental potential and so much that can be done with the property. You really have to see it in person to understand it. Zoning is M1A (light industrial).THE ADJOINING PROPERTY IS ALSO FOR SALE
OC23221953
MLSⓇ ID
November 30, 2023
Listed
April 24, 2024
Updated
Map
2695 Laguna Canyon Road
Laguna Beach CA, 92651
Interior Features
Total Stories
1
Interior Features
Beamed Ceilings, Cathedral Ceiling(s), Bedroom on Main Level
Appliances
Electric Oven, Electric Range, Disposal, Range Hood
Laundry Description
Common Area, Gas Dryer Hookup, Outside
Floor Description
Carpet, Tile, Vinyl, Wood
Fireplace
Yes
Fireplace Description
Living Room, Wood Burning
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.62 Acres
Lot Features
Yard
Architectual Style
Cottage
Roof
Composition
Sewer
Public Sewer
Other Property Details
Area Name
LC - Laguna Canyon
Days on Market
116
Garage
Yes
Garage Spaces
1
Parking
Driveway, Garage
Parking Total
1
View
Yes
View Description
Canyon, Hills, Mountain(s), Rocks, Trees/Woods
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
---|---|---|
3/18/2024 | Price Change | $1,950,000 -12% |
3/8/2024 | Active | — |
2/16/2024 | Under Contract | — |
Listing Contact: 949-715-3530
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/24/2024. 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.
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Data last updated on 4/24/2024 at 5:11 AM UTC