Technical
Financial
Distress signals
Property profile

1945 Laguna Cyn Rd Laguna Beach, CA 92651

OFF-MARKET
Flex space
Property ID
US09-4428840
4,621 SF 0.44 ac lot Built 1959
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Motorcycle Shop
  • Home Decor Store Department Store
  • Auto Repair Shop
  • Building Supply Mill
  • Plumbing Service General Contractor

Location

1945 Laguna Cyn Rd Laguna Beach, CA 92651-1128
Laguna Beach metro Census 62632 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.55M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.17M
Blend (final) Blend
$2.72M

Owner & transaction history

since 2021
Last sale
$2.2M
3 recorded transactions
2021
Price N/A
2015
$2.2M
2015
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $2.3M +48.4%
Neighborhood: shopping center $2.2M +42.8%
Office building $2.1M +36.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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