21042 Laguna Canyon Rd

Laguna Beach, CA 92651 View Map $2,200,000 Schedule a Tour
Beds5
Baths3
Sq.Ft.2,200
Year1946

Ryan Dailey

(949) 297-2020
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Status: Active
Property Type:Single Family Residence
MLS #:NP21092685
Sq. Feet:2,200
On Site:52 Days
Lot Size:23,522 Sq. Ft.
County:Orange
A singular investment opportunity in picturesque Laguna Canyon. In an area that is constantly being re-imagined in one of Orange County's most beautiful settings, and with arguably the best upside potential with its near-ocean setting, opportunity knocks. Two adjacent light industrial lots (zoned M1B) compromising over a half-acre and being sold together. 21042 and 21052 Laguna Canyon Rd. There are several development projects either just completed or under construction in Laguna Canyon. I believe this stretch of Laguna Beach will soon be the shining gateway to this scenic beach town. Light industrial zoning offers a multitude of development strategies. As it stands, there are two single family homes on one lot and a single family plus several office spaces on the other. Current and projected rents are approximately $9,000/mo. Great income while you develop your plans or, just continue collecting rents. Over 100' of Laguna Canyon Road frontage and significant off street' parking in front of the parcels. A few preliminary sketches were done for concept purposes, titled as such in photos. Two APN#'s, 632-071-11 (10,890 sqft) & 632-071-12 (12,632 sqft), lots are being sold together.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:21042 Laguna Canyon Rd Laguna Beach, CA 92651
County:Orange
School System:Laguna Beach Unified
Subdivision:Canyon (Cyn)
Zip Code:92651

Architecture

Bedrooms: 5
Bathrooms: 3
Year Built:1946
Stories:1
Style:House
Total Units: 3
Stories Total: 1

Features / Amenities

Total Sq. Ft.:2200
Interior Features: AllBedroomsDown
Common Walls: No Common Walls

Property Features

Lot Size: 0.54 Acres / 23,522 Sq. Ft.
View: Canyon, Hills, Panoramic
Sewer: SewerTapPaid
Water: Public
Zoning:M1B
Directions:South of Castle Rock Rd, north of LCAD campus

Tax and Financial Info

Terms: Cash, CashtoNewLoan
Land Lease: No

Schools

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21042 Laguna Canyon Rd Laguna Beach, CA 92651
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21042 Laguna Canyon Rd Laguna Beach, CA 92651
 
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Listing provided courtesy of Troy Davis, The Agency Realty, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of June 22, 2021. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.