2695 Laguna Canyon Road, Laguna Beach
$1,950,000
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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
Essential Information
- MLS® #
- OC23221953
- Price
- $1,950,000
- Bedrooms
- 4
- Bathrooms
- 4.00
- Acres
- 0.62
- Year Built
- 1931
- Type
- Residential Income
- Sub-Type
- Mixed Use
- Style
- Cottage
- Status
- Active
Community Information
- Address
- 2695 Laguna Canyon Road
- Area
- LC - Laguna Canyon
- Subdivision
- Canyon (CYN)
- City
- Laguna Beach
- County
- Orange
- Zip Code
- 92651
Amenities
- Parking Spaces
- 1
- Parking
- Driveway, Garage
- # of Garages
- 1
- Garages
- Driveway, Garage
- Pool
- None
View
Canyon, Hills, Mountain(s), Rocks, Trees/Woods
Interior
- Interior
- Carpet, Tile, Vinyl, Wood
- Heating
- Wall Furnace
- Cooling
- None
- Fireplace
- Yes
- Fireplaces
- Living Room, Wood Burning
- # of Stories
- 1
- Stories
- One
Interior Features
Beamed Ceilings, Cathedral Ceiling(s), Bedroom on Main Level
Appliances
Electric Oven, Electric Range, Disposal, Range Hood
Exterior
- Lot Description
- Yard
- Roof
- Composition
- Foundation
- Slab
Additional Information
- Date Listed
- November 30th, 2023
- Days on Market
- 122
Listing Details
- Agent
- Lindsay Clark
- Office
- Engel & Voelkers Laguna Beach
LISTING MAP
Based on information from California Regional Multiple Listing Service, Inc. as of April 29th, 2024 at 2:55am PDT. 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, 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.