Laguna Beach, CA 92651,2695 Laguna Canyon RD
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Laguna Beach, CA 92651,2695 Laguna Canyon RD
Laguna Beach, CA 92651,2695 Laguna Canyon RD
Laguna Beach, CA 92651,2695 Laguna Canyon RD
Laguna Beach, CA 92651,2695 Laguna Canyon RD

$1,750,000

Est. payment /mo

$1,850,000

5.4%
Est.Price: ?

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2695 Laguna Canyon RD Laguna Beach, CA 92651

0.62 Acres Lot

SOLD DATE : 08/28/2024

Key Details

Sold Price $1,750,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Subdivision Canyon (Cyn)

MLS Listing ID OC23221953

Sold Date 08/28/24

HOA Y/N No

Year Built 1931

Lot Size 0.620 Acres

Property Description

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

Location

State CA

County Orange

Area Lc - Laguna Canyon

Rooms

Other Rooms Two On A Lot

Interior

Interior Features Beamed Ceilings, Cathedral Ceiling(s), Bedroom on Main Level

Heating Wall Furnace

Cooling None

Flooring Carpet, Tile, Vinyl, Wood

Fireplaces Type Living Room, Wood Burning

Fireplace Yes

Appliance Electric Oven, Electric Range, Disposal, Range Hood

Laundry Common Area, Gas Dryer Hookup, Outside

Exterior

Parking Features Driveway, Garage

Garage Spaces 1.0

Garage Description 1.0

Fence Wood

Pool None

Community Features Biking, Curbs, Hiking

View Y/N Yes

View Canyon, Hills, Mountain(s), Rocks, Trees/Woods

Roof Type Composition

Total Parking Spaces 1

Private Pool No

Building

Lot Description Yard

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Cottage

Level or Stories One

Additional Building Two On A Lot

New Construction No

Others

Senior Community No

Tax ID 63209132

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Lindsay Clark • Engel & Voelkers Laguna Beach • 4357290699
Bought with Bryan Suarez • Anvil Real Estate

Engel & Völkers Palm Desert

Broker | License ID: d24350

+1(909) 327-2223

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