Thank you
Lindsay Clark
Engel & Voelkers Laguna Beach
949-715-3530
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
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Water Source : Public
Sewer : Public Sewer
Roof : Composition
Interior Features: Beamed Ceilings,Cathedral Ceiling(s),Bedroom on Main Level
Property Appliances: Electric Oven,Electric Range,Disposal,Range Hood
Fireplace: Living Room,Wood Burning
Flooring: Carpet,Tile,Vinyl,Wood
None
Air Conditioning
Wall Furnace
Has Heating
Fireplace Features: Living Room,Wood Burning
Has Fireplace: 1
Year Built: 1931
Building Area Total: 2,211
Roof: Composition
Slab
Carbon Monoxide Detector(s),Smoke Detector(s)
None
Common Area,Gas Dryer Hookup,Outside
Wood
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.62
Lot Size Source: Assessor
Lot Size Square Feet: 27007
Original List Price: 1,950,000
Listing Contract Date: 2023-11-30
Listing Agreement: Exclusive Right To Sell
Parcel Number: 63209132
Garage Description: Driveway,Garage
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: LC - Laguna Canyon
Postal Code Plus 4: 1151
Directions: Head West on Laguna Canyon Rd., on the right near the big bend.
Source Property Type: Residential Income
Area: LC - Laguna Canyon
Property SubType: Mixed Use
Property Age: 93
Common Walls: No Common Walls
Structure Type: Mixed Use
Year Built Source: Assessor
Entry Level: 1
Entry Location: 1
Levels or Stories: One
Building Total Stories: 1
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 |
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ByOwner last updated this listing 05/04/2024 @ 15:51
MLS: OC23221953
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.