What would you like to do now?
MLS #: NP21092685
Full Baths: 3
Sq Feet: 2,200
City: Laguna Beach
Sub Division: Canyon (Cyn)
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.
- South of Castle Rock Rd, north of LCAD campus
- Cross street information not entered