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Property profile & analytics
OFF-MARKET Estimated value $2,280,000
Flex space

1945 Laguna Cyn Rd Laguna Beach, CA 92651-1128

4,621 SF 0.44 ac lot Built 1959
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-4428840
Property summary
AI-generated overview

This exceptional Laguna Beach property, located at 1945 Laguna Canyon Rd, 92651, offers 1,585 square feet of versatile retail/industrial space currently available for lease. Situated in Orange County, California, this property features two separate buildings within an M1-A zoned area. The space boasts two roll-up doors, providing convenient access for loading and unloading, along with ample natural light from strategically placed skylights. A mezzanine office area offers additional workspace, and the unit features a generous 10-foot ceiling clearance. The property is equipped with 200 amps of power, ensuring sufficient electrical capacity for various business needs. Parking is available at a rate of $250 per stall, located within a large, private, and fenced yard, providing secure parking for tenants and their clients. The entire 1,585 square feet is currently vacant and divisible into a 655 square foot unit, offering flexibility for businesses of varying sizes. This prime location in Laguna Beach presents a unique opportunity for businesses seeking a blend of retail and industrial functionality in a desirable Orange County setting. The property's features and location make it ideal for a variety of uses, from light manufacturing and warehousing to retail showrooms or workshops. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1959
Total area 4,621 SF
Lot 0.44 ac (19,041 SF)
APN 632-111-29
UPID US09-4428840
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Beach City Mopeds and Scooters Motorcycle Shop
  • Terra Sage Mercantile Home Decor Store Department Store
  • Custom Auto Body Auto Repair Shop
  • Tatankamani Woodworks Building Supply Mill
  • McKeown Plumbing Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.55M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.17M
Blend (final) Blend
$2.28M
Owner & transaction history
Aj Pacific Properties LLC · 5 yrs held
Aj Pacific Properties LLC
since 2021
Last sale
$2.2M
3 recorded transactions
2021
Price N/A
2015
$2.2M
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $2.3M +48.4%
Neighborhood: shopping center $2.2M +42.8%
Office building $2.1M +36.4%
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