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2055 Laguna Canyon Rd

0.21 Acres of Commercial Land Offered at $1,967,000 in Laguna Beach, CA 92651

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

Executive Summary

NEW FOR SALE! | ±$1.967M | 5.5% CAP RATE | RARE LAGUNA BEACH NNN INDUSTRIAL-FLEX STNL PRIME ±9,148 SF LOT & ±863 SF BUILDING | 2055 LAGUNA CANYON RD, LAGUNA BEACH, CA


NEW 10-YR NNN LEASE W/ 7 YRS REMAINING + 1 (ONE) 10-YEAR EXTENSION

Thank you for your interest in DWG Capital Group’s exclusive industrial listing, led by Principal Judd Dunning (formerly with Newmark ARA). We are pleased to offer a unique investment opportunity located at 2055 Laguna Canyon Rd, Laguna Beach, CA. This rare asset is available for $1,967,000, offering exceptional value in a prime location with a market cap rate of 5.5%.

The subject NNN industrial property, located at 2055 Laguna Canyon Rd, Laguna Beach, CA, is a 1991- built, ±863 SF free-standing light industrial facility on an ample ±9,148 SF lot. This Class A beach town investment offers excellent frontage on Laguna Canyon Road, proximity to the Pacific Ocean, and easy access to major freeways. Strategically positioned, the investment benefits from the strong economic environment of Laguna Beach and its highly sought-after market. With industrial and commercial space in Laguna Beach in extremely limited supply, alongside high-income demographics, property values continue to rise, driving potential long-term value appreciation.

Recently listed at $1,967,000 with a market cap rate of 5.5%, 2055 Laguna Canyon represents an opportunity for bond-like returns, further enhanced by 2% annual escalations. The property is secured by a 10-year lease (with 7 years remaining) and an additional 10-year extension option, making it a prime 1031 exchange opportunity. The area's low vacancy rates and cap rates averaging around 3% underscore the site's investment appeal. Laguna Beach’s affluent demographics, robust local economy, and extremely limited inventory for sale position this property as a superior asset for long-term wealth preservation and growth, attracting investors seeking stability and future upside in a high-demand region.

Data Room Click Here to Access

Property Facts

Price $1,967,000
Sale Type Investment
Sale Conditions 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.21 AC

1 Lot Available

Lot

Price $1,967,000
Price Per AC $9,366,265
Lot Size 0.21 AC

The subject NNN industrial property, located at 2055 Laguna Canyon Rd, Laguna Beach, CA, is a 1991- built, ±863 SF free-standing light industrial facility on an ample ±9,148 SF lot. Excellent M1 zoning for future long-term mixed-use dev purposes.

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
$1,433,484
Improvements Assessment
$45,516
Total Assessment
$1,479,000

zoning

Zoning Code M1-A
M1-A
  • Listing ID: 33233156

  • Date on Market: 9/19/2024

  • Last Updated:

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

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