2695 Laguna Canyon Road, Laguna Beach

$1,950,000

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4

Beds

4

Baths

2,211

Square feet

0.62

Acres

Listing Agent
Lindsay Clark - Engel & Voelkers Laguna Beach

About 2695 Laguna Canyon Road

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

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Features of 2695 Laguna Canyon Road

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
Parking Driveway, Garage, Oversized, RV Hook-Ups, RV Potential
# of Garages 1
Garages Driveway, Garage, Oversized, RV Hook-Ups, RV Potential
View Canyon, Mountain(s), Neighborhood, Trees/Woods, Rocks
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Features Beamed Ceilings, Ceiling Fan(s), Cathedral Ceiling(s), Granite Counters, High Ceilings
Appliances Dishwasher, Electric Cooktop, Electric Oven, Disposal, Range Hood
Heating Wall Furnace
Cooling None
Has Basement No
Fireplace Yes
Fireplaces Living Room, Wood Burning
# of Stories 1
Stories One

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 141
Foreclosure No
Short Sale No
RE / Bank Owned No

Price History for MLS #OC23219490

Date Details Change
Price Reduced from $2,200,000 to $1,950,000 $250,000 (11.36%)
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
11/30/2023 Listed for sale at $2,200,000

Listing Details

AgentLindsay Clark
OfficeEngel & Voelkers Laguna Beach

Listing Map

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