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Map
$1,950,000
↓ $250K (11.4%)
●
House -
For Sale
2695 Laguna Canyon Road
Laguna Beach, CA 92651
4 Beds
4 Baths
2211 Sqft
$9,575
Estimated Monthly
$0
HOA / Fees
About This Property
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 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. 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.
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
The manager has listed the unit size as 2211 square feet.
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. 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.
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
The manager has listed the unit size as 2211 square feet.
Unit Size
2,211Ft²
Days on Market
49 days
Land Size
0.62 acres
Price per sqft
$882
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1931
Listed By
Last updated: 2 months ago (EV #OC23219490)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 19, 2024 | Price Decreased |
$1,950,000
↓ $250K
(11.4%)
|
|
Price Decreased | |||
Mar 13, 2024 | Listed by Engel & Völkers Laguna Beach | $2,200,000 | |
Listed by Engel & Völkers Laguna Beach | |||
Feb 21, 2024 | In contract | - | |
In contract | |||
Dec 29, 2023 | Listed by SFRE Laguna Beach | $2,200,000 | |
Listed by SFRE Laguna Beach | |||
|
|||
Wonderful opportunity to own three detached units in the gorgeous
canyon of Laguna Beach. 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, this property consists of a
gorgeous 2 bedroom 2 bath main house with a beautiful floor to
ceiling accordion door creating indoor/outdoor space, a recently
remodeled charming 2 bedroom 1 bath cottage, and a stunning
detached artist's studio. Get the best of both…
|
Property Highlights
Building Info
Overview
Building
Neighborhood
Geography
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
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