For Sale
Call for price

2535 Laguna Canyon RdLaguna Beach, CA 92651

14 Units, 8,216 SF, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 14-unit multi-tenant live/work property in Laguna Beach, California, presents a rare investment opportunity. Located at 2535 Laguna Canyon Rd, 92651, within Orange County, this 8,216 square foot industrial and mixed-use building sits on fee-simple land and is zoned M1A. The property boasts significant rental income upside potential, having been held by the same owner for over 48 years, making this its first time on the market in nearly five decades. The property's live/work provision, as detailed in the City's Municipal Code, caters specifically to artists, offering a unique and attractive tenant base. A pro-forma cap rate of 5.03% indicates strong potential returns. Detailed financial information is available in the offering memorandum accessible via the property website. This is a prime opportunity to acquire a well-established, income-generating property in a highly desirable location with significant potential for future growth and value appreciation. The property's unique live/work zoning and long-term ownership history make it a truly exceptional investment.

Highlights

  • Significant rental income upside potential.
  • First-time offering in over 48 years.
  • Download the Offering Memorandum from the property website.

Property Details for 2535 Laguna Canyon Rd

Property type
Mixed-use properties, Industrial properties
Square Feet
8,216 SF

Location Insight

City
Laguna Beach
County
Orange
State
California
Latitude
33.563437339255
Longitude
-117.76949506121
2535 Laguna Canyon Rd, Laguna Beach, California

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2535 Laguna Canyon Rd
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