$1,950,000
Active
172 Days Online
0 Beds0 Baths2,211 SQFT
Active

2695 Laguna Canyon Road Laguna Beach, CA 92651

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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

  • Property TypeMulti-Family
  • NeighborhoodCanyon (Cyn)
  • CountyOrange
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site171 Days
  • MLS StatusActive
  • MLS ID NumberOC23221953
  • Home Size Source N/A
  • Year Built1931
  • Lot Size0.62 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Cottage
  • Parking DrivewayGarage
  • Parking Spaces 1
  • Sewer Public Sewer
  • Number of Stories 11
  • Acreage 0.62
  • Water Public
  • Security Carbon Monoxide Detector(s)Smoke Detector(s)
  • Garage Spaces 1
  • Foundation Slab
  • Listing Conditions Standard

Interior Features

  • Cooling None
  • Heating Wall Furnace
  • Appliances Electric OvenElectric RangeDisposalRange Hood
  • Flooring CarpetTileVinylWood
  • Interior Beamed CeilingsCathedral Ceiling(s)
  • Fireplace Features Living RoomWood Burning
  • Laundry Features CommunityGas Dryer HookupOutside
  • Fireplace Yes

Exterior Features

  • Roof Composition
  • View CanyonHillsMountain(s)RocksTrees/ Woods
  • Fencing Wood
  • Pool Features None
  • Lot Lot 20000-39999 SqftYard
  • Road Frontage City Street

Community Features

  • Community Features BikingCurbsHiking
  • Senior Community No
  • MLS Area LC - Laguna Canyon
  • Security Features Carbon Monoxide Detector(s)Smoke Detector(s)

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Monthly Payment (Est.)

$10,326
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