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21042 Laguna Canyon Road

Laguna Beach, CA 92651
  • $2,200,000
  • STATUS: ACTIVE
  • ON SITE: 45 days
  • ID#: NP21092685
UPDATED: 28 min ago
$2,200,000
  • 5
    BEDS
  • 0.54
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,200
    SQFT
  • $1,000
    $/SQFT
Type:
Single-Family Home
Built:
1946
County:

School Ratings & Info

Description

A singular investment opportunity in picturesque Laguna Canyon. In an area that is constantly being re-imagined in one of Orange Countys 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. A singular investment opportunity in picturesque Laguna Canyon. In an area that is constantly being re-imagined in one of Orange Countys 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.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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21042 Laguna Canyon Road Laguna Beach, CA 92651

  • Price: $2,200,000
  • Status: ACTIVE
  • Updated: 28 min ago
  • ID#: NP21092685
5
Beds
3
Baths
0
½ Baths
0.54
Acres
2,200
SQFT
$1,000
$/SQFT
1946
Built
Neighborhood:
Oc - Laguna Beach (92651)
County:
Orange
Area:
Oc - Laguna Beach (92651)
Property Description
A singular investment opportunity in picturesque Laguna Canyon. In an area that is constantly being re-imagined in one of Orange Countys 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. A singular investment opportunity in picturesque Laguna Canyon. In an area that is constantly being re-imagined in one of Orange Countys 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.
Exterior Features

Parking Spaces Total 0 Pool N/K Residential Styles Detached Residential Unit Location No Common Walls View Mountains/HillsPanoramicValley/Canyon

Interior Features

Bath Totals 3 Bedrooms Total 5 Cooling N/K Fireplace Other/Remarks Laundry Location Other/Remarks Searchable Rooms All Bedrooms Down Stories 1 Story

Property Features

Assessments N/K Home Owners Fees 0.0 Miscellaneous FoothillsMountainousStorm DrainsRural Sales Restrictions Standard Sewer Septic Sewer Paid Terms CashCash To New Loan Water Public Zoning M1b

Listing provided courtesy of The Agency Realty, Inc.. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
 
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