Property profile

2375 Laguna Canyon Rd Laguna Beach, CA 92651

FOR SALE
Other commercial real estate
Property ID
US09-2438131
899 SF 0.15 ac lot Built 1946
Individually Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A live-in artist home and studio located in the Big Bend artisan area of Laguna Canyon, approximately half a mile from the Festival of the Arts. Built in 1990, the property is configured for combined residential and creative workspace use and includes a half interest in tenant-in-common ownership with a possessory right to 1/2 of the property. The 1,100-square-foot studio/shop has a 16-foot ceiling, a full-height roll-up door, an enclosed dirty/clean room, a shared 3/4 bath, an overhead tract and hoist running the length of the shop, and a 350-square-foot finished mezzanine overlooking the studio area. Above the studio/shop is a 900+ square-foot, one-bedroom residence featuring views of the natural open space from the rear balcony and front bedroom. The home includes an open floorplan with a large living room with vaulted ceilings, a kitchen, a large master bedroom with a large walk-in closet, and a full bathroom. The total property size is 5,068 square feet.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1946
Total area 899 SF
Lot 0.15 ac (6,684 SF)
APN 632-101-02
UPID US09-2438131

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
  • General Contractor

Location

2375 Laguna Canyon Rd Laguna Beach, CA 92651
Laguna Beach metro Census 62632 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$605k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$595k

Owner & transaction history

since 2021
Last sale
$660,000
7 recorded transactions
2021
Price N/A
2020
Price N/A
2017
$660,000
1990
$150,000
1976
$75,500
1969
Price N/A
1969
Price N/A

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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More about this property
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