2695 Laguna Canyon Road, Laguna Beach, CA 92651

$1,750,000
4
BD
4
BA
2,211
SqFt

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Sold Price
$1,750,000
List Price
$1,850,000
Closing Date
Aug 28, 2024
Status
CLOSED
MLS#
OC23219490
Year Built
1931
Bedrooms
4
Bathrooms
4
Living Sq. Ft
2,211
Lot Size
27,007
Acres
0.62
Lot Location
Back Yard, Trees
Days on Market
187
Property Type
Single Family Residential
Style
Cottage
Property Sub Type
Single Family Residence
Stories
One Level
Neighborhood
Canyon (Cyn)

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 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

Additional Information

Other Buildings
Storage
Appliances
Dishwasher, Electric Cooktop, Electric Oven, Disposal, Range Hood
Pool Description
None
Fireplace Description
Living Room, Wood Burning
Heat
Wall Furnace
Cooling Description
None
View
Canyon, Mountain(s), Neighborhood, Rocks, Trees/Woods
Exterior Construction
Stone, Wood Siding
Patio
Deck, Wood
Roof
Composition
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
School District
Laguna Beach Unified
Interior Features
Beamed Ceilings, Ceiling Fan(s), Cathedral Ceiling(s), Granite Counters, High Ceilings
Attached Structure
Detached
Number Of Units Total
3

Listing courtesy of Listing Agent: Lindsay Clark (lindsay.parkcity@gmail.com) from Listing Office: Engel & Voelkers Laguna Beach.

Listing sold by Bryan Suarez from Anvil Real Estate

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.