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$1,950,000   Price Analysis
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2695 Laguna Canyon Rd
Laguna Beach, CA 92651
4 bed 4 bath 2,211 SqFt ($881/SqFt)
0.62 acre lot. Built 1931
Listed 2023-12-30, Taxes $11,325
Ⓧ USDA Ineligible
due to price & location

near Laguna Beach

Wonderful opportunity to own three detached units in the gorgeous canyon of Laguna Beach.

Zoned M1A, light Industrial. Great as an investment rntal 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 exceptional potential/future development opp ortunity. 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. 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


Presented by Lindsay Clark at
Engel & Volkers Laguna Beach.
Listing Agent Photo

Property MLS #OC23221953 from CRMLS

Bedrooms: 4

Beamed Ceilings
Cathedral Ceiling(s)
Door Features: Double Door Entry
Flooring: Carpet, Tile, Vinyl, Wood

Appliances: Electric Oven, Electric Range, Disposal, Range Hood
Appliances YN: Yes
Laundry Features: Community, Gas Dryer Hookup, Outside

Art Studio, Kitchen, Living Room, Main Floor Bedroom, Primary Bathroom, Office

Full Bathrooms: 4

Fireplace Features: Living Room, Wood Burning
Heating Features: Wall Furnace
Heating: Yes

Fencing: Fence YN: Yes, Fencing: Wood
Other Structures: Two On A Lot
Road Frontage Type: City Street
Road Surface Type: Paved

Lot Description: Lot 20000-39999 Sqft, Yard
Lot Size Acres: 0.62
Lot Size Source: Assessor
Lot Size Square Feet: 27007

Garage Spaces: 1
Parking Features: Parking YN: Yes, Parking Features: Driveway, Garage
Parking Total: 1

View: Canyon, Hills, Mountain(s), Rocks, Trees/Woods

Number of Units: 3
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit-1 Garage Spaces: 1

Community Features: Biking, Curbs, Hiking

Source Listing Status: Active
County: Orange
Source Property Type: Residential Income
Area: LC - Laguna Canyon
Source Neighborhood: Canyon (CYN)
Parcel Number: 63209132
Postal Code Plus 4: 1151
Subdivision: Canyon (CYN)
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$260,298 + $667,156
$927,454
$11,325
2021$255,195 + $654,074
$909,269
$11,009
2020$252,579 + $647,367
$899,946
$10,784
2019$247,627 + $634,673
$882,300
$10,555
2018$22,768 + $1,094,200
$1,116,968
$12,954
2017$22,322 + $1,072,745
$1,095,067
$12,666
2016$21,885 + $1,051,711
$1,073,596
$12,395
2015$21,557 + $1,035,913
$1,057,470
$12,173
2014$21,135 + $1,015,621
$1,036,756
$11,920
2013$21,040 + $1,011,031
$1,032,071
$11,849
2012$unknown + $530,400
$530,400
$6,713
2011$unknown + $520,000
$520,000
$6,571
2010$20,073 + $964,510
$984,583
$11,392
2009$20,121 + $966,802
$986,923
$11,399
2008$19,727 + $947,845
$967,572
$11,156
2007$19,341 + $929,259
$948,600
$10,968

Listed for rent 2024-05-28
$4,000
CRMLS
Price Changed 2024-03-18
$1,950,000
CRMLS
Price Changed 2024-03-18
$1,950,000
CRMLS
Listed 2023-12-30
$2,200,000
CRMLS
Listed 2023-12-30
$2,200,000
CRMLS
Sold 2018-03-22
$865,000
Public Record
Listing removed 2017-10-03
$974,900
CRMLS
Listing removed 2017-10-03
$974,900
CRMLS
Relisted 2017-09-26
$974,900
CRMLS
Listing removed 2017-09-20
$974,900
CRMLS
Listed 2017-03-31
$974,900
CRMLS
Listed 2017-03-31
$974,900
CRMLS
Listing removed 2016-10-11
$1,000,000
CRMLS
Price Changed 2016-09-21
$1,000,000
CRMLS
Price Changed 2016-07-22
$1,150,000
CRMLS
Listed 2016-06-14
$1,250,000
CRMLS
Listing removed 2015-12-01
$1,020,000
CRMLS
Price Changed 2015-10-30
$1,020,000
CRMLS
Price Changed 2015-09-01
$1,084,000
CRMLS
Price Changed 2015-08-17
$1,164,000
CRMLS
Listed 2015-07-20
$1,189,000
CRMLS
Listing removed 2015-04-16
$1,205,000
CRMLS
Listed 2014-10-05
$1,205,000
CRMLS
Listing removed 2009-05-23
$1,500
SoCalMLS
Listed for rent 2009-04-21
$1,500
SoCalMLS
Sold 2005-08-12
$930,000
Public Record
Sold 2001-01-03
$460,000
Public Record
Sold 1995-05-19
$190,000
Public Record

Total Square Feet Living: 2211
Year Built: 1931
Building Features: 3
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Foundation Details: Slab
Property Age: 93
Roof: Composition
Levels or Stories: One
Building Total Stories: 1
Structure Type: Commercial/Residential
House Style: Cottage
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

Thurston Middle School is a public middle school located approximately 1 miles away.
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Laguna Beach High School is a public high school located approximately 1.5 miles away.
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El Morro Elementary School is a public elementary school located approximately 3.3 miles away.
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Anneliese's School is a private elementary school located approximately 1.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.