2695 Laguna Canyon Rd Laguna Beach, CA 92651
Laguna Canyon Neighborhood
4
Beds
4
Baths
2,211
Sq Ft
0.62
Acres
Highlights
- Art Studio
- RV Hookup
- 0.62 Acre Lot
- El Morro Elementary School Rated A+
- View of Trees or Woods
- Deck
About This Home
As of August 2024Wonderful opportunity to own three detached units in the gorgeous canyon of Laguna Beach. Zoned M1A, light Industrial. Great as an investment rental income property, commercial use or as a home. Sitting on over half an acre and 2 separate parcels of land and over 8,000 sq ft of flat space. The property has amazing potential/future development opportunity. Conveniently located within close proximity to Laguna College of Art and Design, Festival of Arts and Pageant of the Masters, and less than two miles to beaches and downtown Laguna Beach. Less than 2 miles to the beach and easy access to hiking trails.
In its current state, there are 3 structures: the main house is two bedrooms, two bathrooms, as well as a garage that has been converted into a playroom. Bifolding Doors in the living room create the ideal flow combing the indoor and outdoor living spaces. The rare, wood burning stove will keep you cozy year round and the new pergola creates a magical outdoor entertaining space.
The second structure is a small two bedroom, one bathroom Casita with a full kitchen and the living area. Recently remodeled and currently vacant, this casita is currently available for lease at $4K/month.
The third structure is the artist studio which is about 18x20 feet of finished work space including electricity. It also has a toilet and sink.
Such Expansive patio and deck space is hard to find in Laguna.
There is a plenty of parking, at least 6 spaces. Including 2 behind the gate which could also be used for RV or boat parking with a hookup to the sewer.
There’s incredible rental potential and so much that can be done with the property. You really have to see it in person to understand it. Zoning is M1A (light industrial). THE ADJOINING PROPERTY IS ALSO FOR SALE
Last Agent to Sell the Property
Engel & Völkers Laguna Beach Brokerage Phone: 4357290699 License #02060176 Listed on: 12/29/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,457
Year Built
- Built in 1931
Lot Details
- 0.62 Acre Lot
- Wood Fence
- Fence is in good condition
- Wooded Lot
- Back Yard
Parking
- 1 Car Attached Garage
- 5 Open Parking Spaces
- Oversized Parking
- Parking Available
- Driveway
- RV Hookup
Property Views
- Woods
- Canyon
- Mountain
- Neighborhood
- Rock
Home Design
- Cottage
- Slab Foundation
- Composition Roof
- Wood Siding
- Stone Siding
Interior Spaces
- 2,211 Sq Ft Home
- 1-Story Property
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Double Door Entry
- Family Room Off Kitchen
- Living Room with Fireplace
- Art Studio
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Electric Oven
- Electric Cooktop
- Range Hood
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
- Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Deck
- Wood patio
- Outdoor Storage
Utilities
- Wall Furnace
Listing and Financial Details
- Assessor Parcel Number 63209132
- $2,000 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Canyon Subdivision
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 29, 2023
Closed on
Aug 12, 2024
Sold by
Asc Trust and Chapel Andrew W
Bought by
Seekers Real Estate Llc
Seller's Agent
Lindsay Clark
Engel & Völkers Laguna Beach
Buyer's Agent
Bryan Suarez
Anvil Real Estate
List Price
$2,200,000
Sold Price
$1,750,000
Premium/Discount to List
-$450,000
-20.45%
Total Days on Market
208
Views
3048
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,749
Avg. Annual Appreciation
9.18%
Original Mortgage
$1,312,500
Outstanding Balance
$1,303,315
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$567,434
Purchase Details
Closed on
Feb 21, 2022
Sold by
Chapel Andrew W & Stephanie L
Bought by
Asc Trust
Purchase Details
Closed on
Aug 2, 2005
Sold by
Chickering Robert D
Bought by
Urie Chickering Carole
Purchase Details
Closed on
Jun 29, 2005
Sold by
Upchurch Richard Lynn and Upchurch Dan Lee
Bought by
Urie Chickering Carole
Purchase Details
Closed on
Dec 4, 2000
Sold by
Shoemaker Mark and Shoemaker Jan E
Bought by
Upchurch Delbert L
Purchase Details
Closed on
Apr 19, 1995
Sold by
Parsons Linda R
Bought by
Shoemaker Mary and Shoemaker Jan E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Similar Home in Laguna Beach, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,750,000 | Orange Coast Title Company | |
| Grant Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Grant Deed | $930,000 | Chicago Title Co | |
| Grant Deed | $460,000 | Chicago Title Co | |
| Grant Deed | $190,000 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,312,500 | New Conventional | |
| Previous Owner | $150,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $730,000 | New Conventional | |
| Previous Owner | $726,525 | New Conventional | |
| Previous Owner | $55,600 | New Conventional | |
| Previous Owner | $167,000 | Unknown | |
| Previous Owner | $152,000 | Purchase Money Mortgage | |
| Closed | $0 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2024 08/28/24 | Sold | $1,750,000 | -5.4% | $791 / Sq Ft |
| 07/27/2024 07/27/24 | Price Changed | $1,850,000 | -5.1% | $837 / Sq Ft |
| 07/25/2024 07/25/24 | Pending | -- | -- | -- |
| 03/18/2024 03/18/24 | Price Changed | $1,950,000 | -11.4% | $882 / Sq Ft |
| 12/29/2023 12/29/23 | For Sale | $2,200,000 | -- | $995 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11,457 | $964,923 | $694,110 | $270,813 |
| 2023 | $11,647 | $946,003 | $680,500 | $265,503 |
| 2022 | $11,326 | $927,454 | $667,156 | $260,298 |
| 2021 | $11,009 | $909,269 | $654,074 | $255,195 |
| 2020 | $10,785 | $899,946 | $647,367 | $252,579 |
| 2019 | $10,555 | $882,300 | $634,673 | $247,627 |
| 2018 | $12,954 | $1,116,968 | $1,094,200 | $22,768 |
| 2017 | $12,667 | $1,095,067 | $1,072,745 | $22,322 |
| 2016 | $12,395 | $1,073,596 | $1,051,711 | $21,885 |
| 2015 | $12,173 | $1,057,470 | $1,035,913 | $21,557 |
| 2014 | $11,920 | $1,036,756 | $1,015,621 | $21,135 |
Source: Public Records
Agents Affiliated with this Home
-
Lindsay Clark
Seller's Agent in 2024
Lindsay Clark
Engel & Völkers Laguna Beach
(949) 627-3825
6 in this area
48 Total Sales
-
Bryan Suarez
Buyer's Agent in 2024
Bryan Suarez
Anvil Real Estate
(949) 522-7502
1 in this area
72 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23219490
APN: 632-091-32
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