2535 Laguna Canyon Rd Laguna Beach, CA 92651
- Flex space
- 8,216 SF
- 0.94 lot acres
Current Use by Public Records
- Welder on Wheels / Welder
- Martin Brooks Cabinets / Cabinet Maker
Property Details for 2535 Laguna Canyon Rd
- Year built
- 1977
- Lot size
- 0.94 lot acres
- Property size
- 8,216 SF
- Property type
- Flex space
- APN
- 632-091-12
- APU
- 63209112
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $630,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $540,000
- 6.5%
- $515,000
- 7%
- $495,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $575,000
- Geo Method
- $615,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $625,000
- Retail
- $650,000
- Mixed-Use
- $470,000
- Hospitality
- $595,000
- Educational
- $485,000
- Residential Income
- $590,000
- Energy
- $535,000
- Income-Based Land
- $570,000
- Food Service
- $465,000
Location Insight
- Map
- Local Demand
- City
- Laguna Beach
- County
- Orange
- State
- California
- Longitude
- -117.769
- Latitude
- 33.5628
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
