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2535 Laguna Canyon Rd Laguna Beach, CA 92651

14 Units, 8,216 SF, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
135
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

FAQs

What type of property is this?
Mixed-use property - 14 Units, 8,216 SF, High Potential
Where is the mixed-use property located?
The property is located at 2535 Laguna Canyon Rd Laguna Beach, CA.
What are key features of this property?
This property features: Significant rental income upside potential.; First-time offering in over 48 years.; Download the Offering Memorandum from the property website.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2535 Laguna Canyon Rd
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