Property Overview

Property Facts

  • Price $17,000,000
  • Units 28 + 1 Commercial Space
  • Price Per Unit $607,143
  • Building Size (SF) 16,431
  • Current CAP Rate 4.00%
  • Lot Size (AC) 0.89
  • Current GIM 14.08
  • Year Built 2023
  • APNs 629-051-23 & 629-051-02
  • Property Type Multifamily

The Offering

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.

Investment Highlights

Newly constructed 28-unit live/work community completed in 2023, designed specifically for artists and creative professionals.

Premium loft-style units with polished concrete floors, quartz counters, oversized sliding doors, individual HVAC, GE appliances, and smart keyless entry.

Exceptional on-site amenities including an art gallery, multi-media lounge, nine open-air work decks, outdoor BBQ terrace, EV charging, and covered parking.

Strong artist-focused demand supported by Laguna Beach’s Creative Occupancy Covenant, ensuring units are leased by qualifying practicing artists.
Serene canyon setting just minutes from Main Beach, downtown Laguna, Sawdust Festival, LCAD, and multiple hiking trails.

Highly functional live/work layouts including studios, two-story studios, and two-story 2-bedroom studios.

Energy-efficient building with solar panels, modern systems, and a high-capacity freight elevator.

Forty-five covered parking spaces plus dedicated bike storage providing resident convenience.

Creative Occupancy Covenant at ArtLofts

ArtLofts in Laguna Beach operates subject to the City of Laguna Beach’s municipal code for “Artists’ Working and Living Units”. The goal is to protect the city’s identity as one of America’s premier artist colonies by guaranteeing that scarce live/work spaces remain occupied by practicing artists. The requirement is to preserve and promote affordable live/work spaces for working creatives and ArtLofts provides some of the most unique living experiences the city has to offer. The artist occupancy permits are overseen by the City’s Arts Commission and available to a wide range of creative disciplines.

For More Information, Contact the Listing Brokers

Location Map

Team

Tyler Leeson

Tyler Leeson

Executive Managing Director
CA 01451551
(714) 713-9086
Matthew Kipp

Matthew Kipp

Senior Managing Director
CA 01364032
(949) 419-3254
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