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Laguna Beach, CA 92651,2695 Laguna Canyon RD
Laguna Beach, CA 92651,2695 Laguna Canyon RD
Laguna Beach, CA 92651,2695 Laguna Canyon RD
$1,750,000
Est. payment /mo
$1,850,000
5.4%
Est.Price: ?

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4 Beds
4 Baths
2,211 SqFt
SOLD DATE : 08/28/2024

Key Details

Sold Price $1,750,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,211 sqft

Price per Sqft $791

Subdivision Canyon (Cyn)

MLS Listing ID OC23219490

Bedrooms 4

Full Baths 4

Year Built 1931

Lot Size 0.620 Acres

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

Location

State CA

County Orange

Area Lc - Laguna Canyon

Rooms

Other Rooms Storage

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type Living Room, Wood Burning

Laundry Common Area, Gas Dryer Hookup, Outside

Exterior

Parking Features Driveway, Garage, Oversized, RV Hook-Ups, RV Potential

Garage Spaces 1.0

Garage Description 1.0

Fence Good Condition, Wood

Pool None

Community Features Curbs

View Y/N Yes

View Canyon, Mountain(s), Neighborhood, Rocks, Trees/Woods

Roof Type Composition

Building

Lot Description Back Yard, Trees

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Laguna Beach Unified

Others

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Lindsay Clark • Engel & Voelkers Laguna Beach • 4357290699
Bought with Bryan Suarez • Anvil Real Estate
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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