2695 Laguna Canyon Road, Laguna Beach

$1,950,000

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4 Beds
4 Baths
2,211 Sqft
.62 Acre
1 Garage

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

Essential Information

MLS® #
OC23219490
Price
$1,950,000
Bedrooms
4
Bathrooms
4.00
Full Baths
4
Square Footage
2,211
Acres
0.62
Year Built
1931
Type
Residential
Sub-Type
Single Family Residence
Style
Cottage
Status
Active

Community Information

Address
2695 Laguna Canyon Road
Area
LC - Laguna Canyon
Subdivision
Canyon (CYN)
City
Laguna Beach
County
Orange
Zip Code
92651

Amenities

Parking Spaces
6
# of Garages
1
Pool
None

Parking

Driveway, Garage, Oversized, RV Hook-Ups, RV Potential

Garages

Driveway, Garage, Oversized, RV Hook-Ups, RV Potential

View

Canyon, Mountain(s), Neighborhood, Trees/Woods, Rocks

Interior

Heating
Wall Furnace
Cooling
None
Fireplace
Yes
Fireplaces
Living Room, Wood Burning
# of Stories
1
Stories
One

Interior Features

Beamed Ceilings, Ceiling Fan(s), Cathedral Ceiling(s), Granite Counters, High Ceilings

Appliances

Dishwasher, Electric Cooktop, Electric Oven, Disposal, Range Hood

Exterior

Exterior
Stone, Wood Siding
Lot Description
Back Yard, Trees
Roof
Composition
Construction
Stone, Wood Siding
Foundation
Slab

School Information

District
Laguna Beach Unified

Additional Information

Date Listed
November 30th, 2023
Days on Market
120

Listing Details

Agent
Lindsay Clark
Office
Engel & Voelkers Laguna Beach
Property History
Price Reduced from $2,200,000 to $1,950,000
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract

LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of April 27th, 2024 at 2:55pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.