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Fully Leased Student Housing Property
For Sale
Contact for pricing
Pending

2355 Laguna Canyon Road, Laguna Beach, CA 92651

Fully leased multifamily investment property across from a college, with a gated lot, extensive parking, and covered carport.

Property SizeContact for details
Days on Market115

Property Features for 2355 Laguna Canyon Road

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Additional Details

Fenced Yard Yes
Listing Agency: Lee & Associates - Irvine
Listed By: Ryan Harman · License #CA 01399616
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Aug 2 at 10:35AM

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 Lee & Associates - Irvine

Investment Insights

Based on property information with market context.

Lee & Associates is pleased to present the opportunity to acquire a fully leased investment property that currently houses students enrolled in the Laguna College or Art & Design. The site includes a large gated lot with extensive parking and a substantial covered carport, along with many outdoor spaces.

The property is located directly across the street from the Laguna College or Art & Design and has frontage on Laguna Canyon.

While the property is currently operating as student housing, it has been used in the past as a glass blowing studio, an art studio, a welding studio, and a sculpture studio, among other uses.

Key Highlights

  • Fully leased investment property across the street from Laguna College of Art & Design
  • Gated lot with extensive parking for residents and visitors
  • Large covered carport for vehicle parking

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Electrical Service Pharmacy (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

225
Businesses Nearby

Demographics for 92651, CA

24,096
Population
13,913
Households
1.7
Avg Household Size
52
Median Age
68%
College-Educated
98%
High-School Grad
22.1 sq mi
ZIP Area
1,090
Density / Sq Mi
$143,569
Median Household Income
$77,830
Median Earnings
$2,812
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Fully leased multifamily investment property across from a college, with a gated lot, extensive parking, and covered carport.
Where is this multifamily property located?
The property is located at 2355 Laguna Canyon Road Laguna Beach, CA.
What are key features of this property?
This property features: Fully leased investment property across the street from Laguna College of Art & Design; Gated lot with extensive parking for residents and visitors; Large covered carport for vehicle parking
(949) 727-1200 Call to check price and availability
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