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2535 Laguna Canyon Rd Laguna Beach, CA 92651

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For Sale
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14 Units, 8,216 SF, High Potential

Property size:
8,216 SF

Property Features for 2535 Laguna Canyon Rd

General Information

Property type
Multifamily properties
Square Feet
8,216 SF

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Listing Contact
John Gessford
John Gessford

Listing Agent: John Gessford

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Welder on Wheels General Contractor Martin Brooks Cabinets General Contractor

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Pharmacy Hotel & Motel Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Laguna Beach
County
Orange
State
California
Longitude
-117.76949506121
Latitude
33.563437339255

FAQs

What type of property is this?
Multifamily property - 14 Units, 8,216 SF, High Potential
Where is this multifamily 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.
(949) 930-6292 Call to check price and availability
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