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20412 Laguna Canyon Rd
Laguna Beach, CA 92651

$17,000,000 USD

Apartments For Sale  •  32,401 SF

Property Details

  • Property Type Apartments
  • Total Building Size 16,431 SF
  • Lot Size 0.84 AC
  • Building Class B
  • Year Built 2023
  • Cap Rate 4.00 %
24 Transit Score
20 Walk Score

Highlights

Newly constructed 28-unit live/work community completed in 2023, designed specifically for artists and creative professionals.
Premium loft-style units w/ polished concrete floors, quartz counters, oversized sliding doors, individual HVAC, GE appliances, & smart keyless entry.
Superb on-site amenities including an art gallery, multi-media lounge, nine open-air work decks, outdoor BBQ terrace, EV charging, & covered parking.
Strong artist-focused demand supported by Laguna Beach’s Creative Occupancy Covenant, ensuring units are leased by qualifying practicing artists.
Highly functional live/work layouts including studios, two-story studios, and two-story 2-bedroom studios.
Serene canyon setting just minutes from Main Beach, downtown Laguna, Sawdust Festival, LCAD, and multiple hiking trails.

Financial Summary (Actual)

Net Operating Income: $680,603 USD (2025)
Cap Rate: 4.00 %
Total Expenses: $492,777 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Dishwasher
  • Microwave
  • Tenant Controlled HVAC
  • Washer/Dryer
  • Gated
  • Heating
  • Grill
  • Walking/Biking Trails
  • Wi-Fi
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Car Charging Station
  • Elevator
  • Lounge
  • Deck
  • Office
  • Quartz Countertops
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Irvine (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 12 min - 7.8 mi
Laguna Niguel/Mission Viejo (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 13 min - 7.8 mi
AirportDriveWalkDistance
John Wayne/Orange County 16 min - 12.0 mi
Long Beach (Daugherty Field) 38 min - 32.0 mi
Ontario International 58 min - 43.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 45
Type: Covered
Included in Rent: Yes
Tyler Leeson 714-713-9086 Marcus & Millichap
Tyler Leeson 714-713-9086 Marcus & Millichap