2695 Laguna Canyon Rd, Laguna Beach, CA 92651
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2695 Laguna Canyon Rd Laguna Beach, CA 92651

$1,950,000
  • 4 Beds
  • 3.25 Baths
  • 2,211 Sq.Ft.
For Sale
$1,950,000 Get Pre-Qualified

Map preview of 2695 Laguna Canyon Rd, Laguna Beach, CA 92651

Property Overview: 2695 Laguna Canyon Rd Laguna Beach, CA has 4 bedrooms, 3.25 bathrooms, 2,211 living square feet and 27,007 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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

Listed by Lindsay Clark | BRE #02060176 | Engel & Voelkers Laguna Beach
Last checked: 16 minutes ago | Last updated: April 23rd, 2024 | Source CRMLS | DOM: 126
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Home details

Lot Sq. Ft
27,007
HOA Dues
$0/mo
Year built
1931
Garage
1 Car
Property Type:
Mixed Use
Status
Active
MLS#
OC23221953
City
Laguna Beach
County
Orange
Time on Site
136 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: --
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: --
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: --
  • Pro Forma/Market Rent: $1,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 20.02
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 2695 Laguna Canyon Rd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community, Gas Dryer Hookup, Outside
Fireplace Information
  • Has Fireplace
  • Living Room, Wood Burning
Room Information
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Art Studio, Kitchen, Living Room, Main Floor Bedroom, Primary Bathroom, Office
Kitchen Information
  • Has Appliances
  • Electric Oven, Electric Range, Disposal, Range Hood
Interior Features
  • Beamed Ceilings, Cathedral Ceiling(s)
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: Double Door Entry
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wood
  • Other Structures: Two On A Lot
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Driveway, Garage
Lot Information
  • Lot Features: Lot 20000-39999 Sqft, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Canyon, Hills, Mountain(s), Rocks, Trees/Woods
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 63209132
  • Year Built Source: Assessor
  • Architectural Style: Cottage
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Canyon (CYN)
  • Directions: Head West on Laguna Canyon Rd., on the right near the big bend.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Hiking
View more facts & features

Local Laguna Beach Agent

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Sale History for 2695 Laguna Canyon Rd

View property's historical transactions
  • December, 2023

  • Dec 29, 2023

    Date

    Active

    CRMLS: OC23221953

    $2,200,000

    Price

Tax History for 2695 Laguna Canyon Rd

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

2695 Laguna Canyon Rd is listed 54.12% lower than the median list price for the city of Laguna Beach which has a median list price of $4,250,000. The median price per/sqft for Laguna Beach is $1,806 and this home is listed at $881.95 per/sqft which puts the price per square foot 51.17% lower than the median price per square foot for the city of Laguna Beach.

About 2695 Laguna Canyon Rd

Detailed summary of property

2695 Laguna Canyon Rd is a mixed use located in Laguna Beach, CA 92651 and is currently for sale. This mixed use property offers 4 bedrooms, 3.25 bathrooms, roughly 2,211 living square feet, and sits on an approximately 27,007 square foot lot. 2695 Laguna Canyon Rd was first listed on ArdentRealEstateGroup.com on December 21, 2023. The homeowner is currently asking $1,950,000 and was originally asking $2,200,000. The median priced home in Laguna Beach is $4,250,000 with a median price per square foot of $1,806. Based on Ardent Real Estate Group's Laguna Beach Market Data, this home is listed 54.12% lower than the median priced home. Local competing homes currently for sale include 1126 Raymond Ave, 1535 E 4th St and 1127 Olive Ave. While the average home in Laguna Beach, CA is selling in 94 days, 2695 Laguna Canyon Rd has a days on market of 126 days. There are currently 161 homes for sale in the Laguna Beach real estate market and 141 of them are single family homes while 20 of them are condos and 0 are townhomes. For more information on this home for sale at 2695 Laguna Canyon Rd Laguna Beach, CA 92651 contact Ardent Real Estate Group and we will put you in touch with one of our Laguna Beach agents.

Public Facts for 2695 Laguna Canyon Rd

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

92651 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,250,000
Median List Price/Sq.Ft.
$1,759
Median Sold Price
$3,330,000
Median Sold Price/Sq.Ft.
$1,531
Total Inventory
162
Median Sale to List Price %
95.28%
Avg Days on Market
52
Loan Type
Conventional (24.14%), FHA (0%), VA (0%), Cash (48.28%), Other (27.59%)

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Related Resources to 2695 Laguna Canyon Rd

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.