$1,750,000
- Beds
- 4
- Baths
- 4.0
- sq ft
- 2,211
2695 Laguna Canyon Rd, Laguna Beach, CA 92651
2695 Laguna Canyon Rd
Laguna Beach, CA 92651
- Sold On 8/28/2024
- Price drop $100,000↓
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.
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
Details
Property type
Single Family Residence
Lot size
0.62 acres
Price per sq ft
$837
Year built
1931
Price History
08/28/2024
CRMLS #OC23219490
Sold
$1,750,000
-5.41%
08/01/2024
CRMLS #OC23219490
Pending
$1,850,000
07/27/2024
CRMLS #OC23219490
Price change
$1,850,000
-5.13%
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Curbs
Community features:
Curbs
High school district:
Laguna Beach Unified
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Status: Off Market
Tomo last checked: 10/05/2024 at 6:40 PM
Listing updated: 10/03/2024 at 12:31 PM
Listed by: Lindsay Clark, Engel & Volkers Laguna Beach Phone #: (949) 715-3530
MLS: CRMLS #OC23219490
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