$1,750,000
$1,850,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
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
Sold Date 08/28/24
Bedrooms 4
Full Baths 4
HOA Y/N No
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
Main Level Bedrooms 4
Interior
Interior Features Beamed Ceilings, Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Granite Counters, High Ceilings
Heating Wall Furnace
Cooling None
Fireplaces Type Living Room, Wood Burning
Fireplace Yes
Appliance Dishwasher, Electric Cooktop, Electric Oven, Disposal, Range Hood
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
Porch Deck, Wood
Attached Garage Yes
Total Parking Spaces 6
Private Pool No
Building
Lot Description Back Yard, Trees
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Cottage
Level or Stories One
Additional Building Storage
New Construction No
Schools
School District Laguna Beach Unified
Others
Senior Community No
Tax ID 63209132
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Bryan Suarez • Anvil Real Estate