• 2695 Laguna Canyon Road Laguna Beach, CA 92651

  • $1,950,000
  • 4
    Bed(s)
  • 4
    Baths
  • 2,211
    Sq Ft
  • 27007
    Sqft
  • Listed By: Lindsay Clark, Engel & Voelkers Laguna Beach, DRE #02060176
  • Source: CRMLS

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

Property Type :

Residential

Subdivision :

Fallbrook

County :

Orange

Style :

Residential

Sell a home like this and save $116,501 Find Out How

Property Details

 

Bedroom Information

Total Bedrooms : 4

Bathroom Information

Total Baths: 4

Full Baths: 4

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Roof : Composition

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

Property Appliances: Dishwasher,Electric Cooktop,Electric Oven,Disposal,Range Hood

Fireplace: Living Room,Wood Burning

Cooling Features

None

Air Conditioning

Heating Source

Wall Furnace

Has Heating

Fireplace

Fireplace Features: Living Room,Wood Burning

Has Fireplace: 1

Building Information

Year Built: 1931

Construction: Stone,Wood Siding

Roof: Composition

Foundation

Slab

Security Features

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

Pool Features

None

Laundry Features

Common Area,Gas Dryer Hookup,Outside

Patio And Porch

Deck,Wood

Fencing

Good Condition,Wood

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.62

Lot Size Source: Assessor

Lot Size Square Feet: 27007

Listing Price Information

Original List Price: 1,950,000

Listing Contract Date: 2023-11-30

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 63209132

Garage and Parking

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

Attached Garage: Yes

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: LC - Laguna Canyon

Postal Code Plus 4: 1151

Directions: West from El Torro Rd. on Laguna Canyon Road, on the left.

Source Property Type: Residential

Area: LC - Laguna Canyon

Property SubType: Single Family Residence

Building and Construction

Property Age: 93

Common Walls: No Common Walls

Structure Type: Single Family Residence

Year Built Source: Public Records

Total Square Feet Living: 2211

Entry Level: 1

Entry Location: 1

Levels or Stories: One

Building Total Stories: 1

Structure Type: House

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
67 Emerald Bay, Laguna Beach, CA,92651 $10,500,000 -- -- -- 6534 Sqft
810 Santa Ana St, Laguna Beach, CA,92651 $599,000 -- -- -- 9300 Sqft
11 Montage Way, Laguna Beach, CA,92651 $37,700,000 5 6 9,305 14749 Sqft
826 Diamond Street, Laguna Beach, CA,92651 $649,000 -- -- -- 4792 Sqft
22172 Rico Road, Laguna Beach, CA,92651 $12,000,000 4 3 3,700 8375 Sqft
1340 Moorea Way, Laguna Beach, CA,92651 $3,995,000 -- -- -- 34404 Sqft
1021 Gaviota Drive, Laguna Beach, CA,92651 $8,000 2 1 900 4356 Sqft
708 Cliff Drive, Laguna Beach, CA,92651 $6,500 2 1 1,152 --
5 Stickley Drive, Laguna Beach, CA,92651 $49,000 3 3 2,923 --
814 Cliff Drive, Laguna Beach, CA,92651 $9,000 3 2 1,800 5663 Sqft

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 05/07/2024 @ 15:08

MLS: OC23219490
LISTED BY: Lindsay Clark, Engel & Voelkers Laguna Beach
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

Selling? Save $116,501 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion