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- LoopNet Team
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 | Proposed Use |
Commercial
|
| Property Subtype | Commercial | Total Lot Size | 0.21 AC |
| Zoning | M1-A - Limited Industrial | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use |
Commercial
|
| 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
| Parcel Number | 632-111-06 | Improvements Assessment | $47,354 |
| Land Assessment | $1,491,397 | Total Assessment | $1,538,751 |
PROPERTY TAXES
Listing ID: 33233156
Date on Market: 9/19/2024
Last Updated:
Address: 2055 Laguna Canyon Rd, Laguna Beach, CA 92651
The Land Property at 2055 Laguna Canyon Rd, Laguna Beach, CA 92651 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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