2775 Laguna Canyon Rd, Laguna Beach, CA 92651

Property has hard to find M1A Zoning, which allows for a wide variety of commercial uses (as well as residential). The M1A zoning provides for extremely generous development standards that among other things allows for an up to 36' high building, with zero rear/side yard setbacks. Currently there is a duplex on property that was generating $2,500 in rental income. Collect rent while planning on developing the property. 2775 Laguna Canyon Road is being approved for a 4-unit residential complex, while the adjoining parcel has a 3-story office building on it. The property is all-usable flat lot. Great visibility. Don't miss out on this multi-use property. Sold in an 'As-Is' condition. City is undergrounding all the overhead utility lines, in the area (verify with city).