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    2535 Laguna Canyon Rd Laguna Beach, CA 92651

    For Sale
    Contact for pricing

    14 Units, 8,216 SF, High Potential

    Property size:
    8,216 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    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 Features for 2535 Laguna Canyon Rd

    General Information

    Property type
    Multifamily properties
    Square Feet
    8,216 SF

    HighLights

    • Significant rental income upside potential.
    • First‑time offering in over 48 years.
    • Download the Offering Memorandum from the property website.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Welder on Wheels Welder Martin Brooks Cabinets Cabinet Maker

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Clothing Store Pharmacy Hotel & Motel

    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

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    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.
    Request Owner's contact information
    2535 Laguna Canyon Rd Laguna Beach, CA 92651
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    Laguna Beach, CA 92651
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2535 Laguna Canyon Rd Laguna Beach, CA 92651
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