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2055 Laguna Canyon Rd
Laguna Beach, CA 92651
Land For Sale · 0.21 AC

INVESTMENT HIGHLIGHTS

  • Prime Location: Situated on the highly coveted Laguna Canyon Road with high visibility and traffic counts.
  • Strategic Frontage: Positioned on Laguna Canyon Rd, just 1 mile from downtown Laguna Beach and Pacific Coast Highway (PCH).
  • Limited Supply: Laguna Beach has extremely limited industrial & commercial space, leading to rising property values & long-term appreciation potential
  • Future Development Potential: M1 zoning allows for long-term development into storage, light industrial, or creative office space.
  • Investment Appeal: Offered at a 4.3% market cap rate with 2% annual escalations, providing bond-like returns
  • Affluent Demographics: The property benefits from Laguna Beach's high-income demographics and strong local economy

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Contractor Storage Yard
Total Lot Size 0.21 AC
Zoning M1-A - Limited Industrial

DESCRIPTION

This rare 6% CAP Class A investment in a beach town location offers an excellent opportunity for long-term wealth preservation and growth in one of California’s most sought-after markets. Roughly one mile from downtown Laguna Beach and the Pacific Coast Highway (PCH), the site is surrounded by vibrant amenities, including dining, retail, and cultural attractions, making it a popular spot for both employees and clients. The area’s unique blend of stunning coastal scenery, thriving tourism, and a strong emphasis on arts and culture further enhances the desirability of this location for commercial and industrial use. With a resident base of ±100,000 nearby, the property provides an exceptional opportunity for businesses looking to establish a presence in a high-demand market.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
632-111-06
Land Assessment
$1,491,397
Improvements Assessment
$47,354
Total Assessment
$1,538,751
  • Listing ID: 33233156

  • Date on Market: 9/19/2024

  • Last Updated:

  • Address: 2055 Laguna Canyon Rd, Laguna Beach, CA 92651

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