$17,000,000

Estimated payment $106,422/month

Total Views 200
-- Bed
6 Baths
16,431 Sq Ft
$1,035 Price per Sq Ft

Highlights

  • 0.89 Acre Lot
  • No HOA
  • Level Lot
  • El Morro Elementary School Rated A+
  • Laundry Room

About This Home

Completed in 2023, ArtLofts Laguna Beach represents a rare, newly-constructed investment opportunity unlike anything the city has ever offered. Situated on two parcels totaling 38,783 SF at 20412 Laguna Canyon Road, this one-of-a-kind property blends modern design, authentic artist-community living, and Laguna’s legendary creative legacy. The property offers 28 single- and two-story live/work lofts plus on-site gallery space. Each loft delivers premium finishes: polished concrete floors, individual HVAC, GE appliances, quartz counters, zero-threshold showers, oversized sliding doors to balconies, keyless phone-as-key entry, and full pre-wiring for TVs and high-speed internet. Shared amenities set ArtLofts apart: nine open-air communal work decks, an on-site commercial art gallery, digital media lounge, community Wi-Fi, BBQ terrace with TVs, and a high-capacity freight elevator. Nestled in tranquil Laguna Canyon yet only minutes from Main Beach, downtown shops, restaurants, and galleries, ArtLofts delivers serene, nature-wrapped living with effortless access to everything that makes Laguna Beach iconic.

Listing Agent

Tyler Leeson

Marcus & Millichap RE Invest Brokerage Email: tleeson@marcusmillichap.com License #01451551 Listed on: 12/11/2025

Property Details

Home Type

  • Apartment

Year Built

  • Built in 2023

Lot Details

  • 0.89 Acre Lot
  • No Common Walls
  • Level Lot
  • 629-051-02

Parking

  • 45 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 16,431 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • Unit 1 Bedrooms: 0
  • Unit 2 Bedrooms: 0
  • Unit 3 Bedrooms: 0
  • Unit 4 Bedrooms: 0
  • Unit 5 Bedrooms: 0
  • Unit 6 Bedroom: 0
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 62632
  • Assessor Parcel Number 62905123
  • $24,300 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 28 Units
  • Canyon Subdivision

Building Details

  • 28 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $22,120
  • Fuel Expense $22,120
  • Insurance Expense $71,261
  • Maintenance Expense $28,000
  • Professional Management Expense $35,201
  • Trash Expense $22,120
  • Water Sewer Expense $22,120
  • New Taxes Expense $172,695
  • Operating Expense $492,777
  • Gross Income $1,207,005
  • Net Operating Income $680,602

Property Details

Home Type

Apartment

Year Built

Built in 2023

Lot Details

0

Parking

45

Listing Details

  • CapRate: 4.00
  • Professional Management Expense: 35201.00
  • Property Attached: No
  • Subdivision Name Other: Canyon (CYN)
  • Water Sewer Expenses: 22120.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 62905123
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 1034.63

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 45.00
  • Total Parking Spaces: 45.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 22120.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 629-051-02
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 38768.40
  • Lot Size Acres: 0.8900

Multi Family

  • Electric Expense: 22120.00
  • Fuel Expense: 22120.00
  • Gross Income: 1207005.00
  • Gross Multiplier: 14.08
  • Gross Operating Income: 1087223.00
  • Gross Scheduled Income: 1120849.00
  • Insurance Expense: 71261.00
  • Lot Size Area: 0.8900 Acres
  • Maintenance Expense: 28000.00
  • Net Operating Income: 680602.00
  • Number Of Separate Electric Meters: 28
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 28
  • Operating Expense: 492777.00
  • Operating Expense Percent: 42.00
  • Other Income1: 86156.00
  • Rent Control: No
  • Total Expenses: 492777.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 172695.00
  • Tax Lot: 4
  • Tax Tract Number: 62632
  • TaxOtherAnnualAssessmentAmount: 24300.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2025 12/11/25 For Sale $17,000,000 0.0% $1,035 / Sq Ft
12/04/2025 12/04/25 Price Changed $2,707 -15.4% $6 / Sq Ft
11/15/2025 11/15/25 Price Changed $3,200 +18.2% $7 / Sq Ft
09/06/2025 09/06/25 Price Changed $2,707 -15.4% $6 / Sq Ft
08/06/2025 08/06/25 Price Changed $3,200 +8.5% $7 / Sq Ft
08/05/2025 08/05/25 Price Changed $2,950 -7.8% $6 / Sq Ft
03/23/2025 03/23/25 Price Changed $3,200 -3.0% $7 / Sq Ft
03/11/2025 03/11/25 Price Changed $3,300 +3.1% $7 / Sq Ft
12/28/2024 12/28/24 Price Changed $3,200 +6.7% $7 / Sq Ft
12/14/2024 12/14/24 Price Changed $3,000 -9.1% $6 / Sq Ft
11/20/2024 11/20/24 Price Changed $3,300 +6.5% $7 / Sq Ft
11/20/2024 11/20/24 Price Changed $3,100 +3.3% $7 / Sq Ft
10/22/2024 10/22/24 Price Changed $3,000 +7.1% $6 / Sq Ft
08/14/2024 08/14/24 Price Changed $2,800 -6.7% $6 / Sq Ft
06/14/2024 06/14/24 Price Changed $3,000 +10.8% $6 / Sq Ft
03/25/2024 03/25/24 For Rent $2,707 -8.2% --
03/21/2024 03/21/24 Price Changed $2,950 -- $6 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25274572

California Regional Multiple Listing Service (CRMLS)