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.
Property Sub Type:
Apartment
Property Attached:
No
Lot Area:
38,768.4 sq. ft.3,602 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
2023
(Age: 3)
General Listing Location:
Laguna Beach, LC - Laguna Canyon
County Or Parish:
Orange
Common Interest:
Community Apartment
Gross Income:
$1,207,005
Gross Scheduled Income:
$1,120,849
Net Operating Income:
$680,602
Cap Rate %:
4.0
Rent Control:
No
Association Fee:
$0
Land Lease:
No
Electric Expense:
$22,120
Fuel Expense:
$22,120
Insurance Expense:
$71,261
Maintenance Expense:
$28,000
Taxes expense:
172695.0
Operating Expense:
$492,777
Professional Management Expense:
$35,201
Trash Expense:
$22,120
Water and Sewer Expense:
$22,120
Vacancy Allowance:
$33,625
Vacancy Allowance Rate:
$3
Tax Lot:
4
Cross Streets of Laguna Canyon Road & El Toro Road