Laguna Canyon Live-In Artist
2375 Laguna Canyon Rd Laguna Beach, CA 92651
For Sale
$979,000
Unique live-work artist home/studio in Laguna Canyon.
Property Size5,068 SF
Price / SF$193.17
Days on Market95
Property Features for 2375 Laguna Canyon Rd
General Information
Standard status
Active
Size
5,068 SF
Property subtype
Commercial
Building Details
Year Built
1990
Listing Agency:
(949) 644-2144
Listed By:
Linda Hartman · License #01096499
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 27 at 11:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Linda Hartman
Investment Insights
Based on property information with market context.
This unique live-in artist home and studio, constructed in 1990, is situated in the Big Bend artisan area of Laguna Canyon, approximately a half-mile from the Festival of the Arts. The property offers a two-level industrial art studio, presenting an opportunity for an artist to live and work in the same location. The studio/shop space measures 1100 square feet and features a 16-foot ceiling, a full-height roll-up door, an enclosed dirty/clean room, a shared ¾ bath, an overhead tract and hoist running the length of the shop, and a 350-square-foot finished mezzanine overlooking the warehouse. Above the studio/shop is a 900+ square foot one-bedroom home. The second-story home provides views of the natural open space from the rear balcony and the front bedroom. The living quarters include an open floorplan with a large living room with vaulted ceilings, a kitchen, a large master bedroom with a walk-in closet, and a full bathroom. The property is a 1/2 interest of the 5068 sq. ft. (partnership for maintenance, similar to duplex). The property is located within walking distance of Laguna College of Art and Design.
Key Highlights
- Unique live‑in artist home/studio in Laguna Canyon, ideal for artists.
- Two‑level industrial art studio with 1100 sq. ft., 16 ft. ceilings, roll‑up door, and overhead hoist.
- 900+ sq. ft. one‑bedroom home with open floorplan and views of natural open space.
Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $152.0k | $30.00 |
| − Vacancy | −$15.2k | −$3.00 |
| EGI | $136.8k | $27.00 |
| − OpEx | −$51.3k | −$10.13 |
| NOI | $85.5k | $16.88 |
5,068 SF · lease $30.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Office B
$1.42M
$1.25M – $1.66M
NOI $99,661 @ 7.0% cap · market cap 10.18%
Second Best
Mixed Use
$1.22M
$1.07M – $1.43M
NOI $85,523 @ 7.0% cap · market cap 8.74%
Theoretical Best
Office A
$1.70M
$1.49M – $1.99M
NOI $119,157 @ 7.0% cap · market cap 12.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Live-work space - Unique live-work artist home/studio in Laguna Canyon.
Where is this live-work space located?
The property is located at 2375 Laguna Canyon Rd Laguna Beach, CA.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: Unique live‑in artist home/studio in Laguna Canyon, ideal for artists.; Two‑level industrial art studio with **1100 sq. ft., 16 ft. ceilings, roll‑up door, and overhead hoist.**; 900+ sq. ft. one‑bedroom home with open floorplan and views of natural open space.
