2695 Laguna Canyon Road, Laguna Beach, CA 92651

$1,950,000 Asking Price

4 beds
4 baths
2,211  sqft
Built in 1931

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 and 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. Less than 2 miles to the beach and 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 is currently available for lease at $4K/month. The third structure is the artist studio which is about 18x20 feet of finished work space including electricity. It also has a toilet and sink. 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. Theres incredible rental potential and so

Features & Amenities

Interior

General:
Beamed Ceilings,Granite Counters
Laundry:
Community,Outside
A/C:
N/K
Heating:
Wall/Gravity
Fireplace:
FP in Living Room

Exterior

General:
Stone,Wood
Style:
Cottage
Pool:
None
Parking:
Driveway,Oversized, Parking spaces: 6

Construction

Roofing:
Composition
General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Orange

Lot

Zoning:
63209132
View:
Mountains/Hills,Valley/Canyon,Rocks,Neighborhood,Trees/Woods
Fencing:
Good Condition,Wood

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Engel & Voelkers Laguna Beach, Lindsay Clark

About Laguna Beach, CA

Housing

Number of Units
13,346
Median Home Value
$1,154,579
Median Rent
$2,022

35.96% of housing units are renter occupied.

16.92% are vacant.

Commute

Car
46.64%
Public Transportation
0.79%
Walk to Work
2.47%
Work from Home
49.25%
Other
0.64%

The median travel time to work is 15 minutes.

People

Population
24,228
Median Age
53.90
Median Household Size
2.47

Education

High School
8.52%
Associate’s Degree
5.97%
Bachelor’s Degree
38.41%
Graduate Degree
30.17%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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