2695 Laguna Canyon Road Laguna Beach, 92651

Bedrooms:
4
Bathrooms:
4
Square Feet:
2,211 sqft
Price $1,950,000 .00
Approx /month
Get More Details
Sale Price:
$1,950,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$0
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For Sale

Virtual Tour of 2695 Laguna Canyon Road , Laguna Beach 92651

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 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. Theres 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

General Information

Listing Attribution:
Engel & Voelkers Laguna Beach 4357290699
Listing Agent:
Lindsay Clark
CalBRE#:
02060176
Price:
$1,950,000
Status:
Active
Listing Updated:
3/18/2024
List Date:
11/30/2023
Close Date
Square Feet:
2,211
Bedrooms:
4
Bathrooms:
4
Garage Spaces:
1.00
Year Built:
1931
City:
Laguna Beach
Zip:
92651
County:
Orange
MLS ID:
OC23219490
Buyer Agency Compensation:
2.000%
Buyer Agency Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Home Features

Interior Features:
Beamed Ceilings, Ceiling Fan(s), Cathedral Ceiling(s), Granite Counters, High Ceilings
Exterior Features:
Appliances:
Dishwasher, Electric Cooktop, Electric Oven, Disposal, Range Hood
Flooring:
Laundry:
Common Area, Gas Dryer Hookup, Outside
Architectural Style:
Cottage
Levels:
One
Fireplace Features:
Living Room, Wood Burning
Cooling:
None
Heating:
Wall Furnace
Utilities:
Pool Type Features:
None
Spa Features:
None
Construction Materials:
Stone, Wood Siding
Roofing:
Composition
Water Source:
Public
Sewage:
Public Sewer
Accessibility Features:

Community Information

MLS Area:
LC - Laguna Canyon

Lot Information

Lot Size (sq feet):
27,007

Location Information

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

Current Market Comparison

Subject
Subject
Active
Active
closed
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles

Subject Property

2695 Laguna Canyon Road Laguna Beach CA 92651

Property Type:
Single Family Residence
Bedrooms:
4
Bathrooms:
4
Interior SqFt:
2211
Interior Stories:
1
Year Built:
1931

18 Closed Properties

Address
Distance/Miles
Closed Price
Details
1.91 Miles
$1,755,000
1.48 Miles
$1,750,000
1.99 Miles
$1,550,000
0.98 Miles
$5,450,000
1.76 Miles
$2,950,000
1.87 Miles
$1,655,000
1.6 Miles
$4,000,000
1.38 Miles
$3,605,000
1.6 Miles
$2,175,000
1.49 Miles
$5,800,000
1.26 Miles
$3,750,000
1.29 Miles
$3,850,000
1.57 Miles
$3,350,000
1.59 Miles
$5,875,000
1.14 Miles
$2,335,000
1.74 Miles
$2,200,000
1.79 Miles
$1,715,500
2 Miles
$3,510,000

29 Active Properties

Address
Distance/Miles
Active Price
Details
1.63 Miles
$2,550,000
1.78 Miles
$2,849,000
1.95 Miles
$6,495,000
1.11 Miles
$4,299,950
1.41 Miles
$4,995,000
0.94 Miles
$4,695,000
1.94 Miles
$1,550,000
1.56 Miles
$4,495,000
1.22 Miles
$3,895,000
1.59 Miles
$2,798,000
1.71 Miles
$4,450,000
1.38 Miles
$4,495,000
1.89 Miles
$9,950,000
0.93 Miles
$6,995,000
1.82 Miles
$3,775,000
1.87 Miles
$1,999,000
1.61 Miles
$2,699,888
0.98 Miles
$4,250,000
1.54 Miles
$4,595,000
1.64 Miles
$5,995,000
1.05 Miles
$4,250,000
0 Miles
$1,950,000
1.76 Miles
$12,850,000
1.21 Miles
$3,399,000