Log In/Sign Up
Your email has been sent.
ArtLofts 20412 Laguna Canyon Rd 28 Unit Apartment Building $23,018,170 CAD ($822,077 CAD/Unit) 4% Cap Rate Laguna Beach, CA 92651
Investment Highlights
- Newly constructed 28-unit live/work community completed in 2023, designed specifically for artists and creative professionals.
- Superb on-site amenities including an art gallery, multi-media lounge, nine open-air work decks, outdoor BBQ terrace, EV charging, & covered parking.
- Highly functional live/work layouts including studios, two-story studios, and two-story 2-bedroom studios.
- Premium loft-style units w/ polished concrete floors, quartz counters, oversized sliding doors, individual HVAC, GE appliances, & smart keyless entry.
- 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.
Executive Summary
The Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire ArtLofts Laguna Beach. Offering 28 newly constructed, live/work mulitfamily units, ArtLofts is a community designed by artists for artists.
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.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*
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.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$1,516,308
|
$92.28
|
| Other Income |
$116,656
|
$7.10
|
| Vacancy Loss |
$45,489
|
$2.77
|
| Effective Gross Income |
$1,587,475
|
$96.61
|
| Taxes |
$233,831
|
$14.23
|
| Operating Expenses |
$433,356
|
$26.37
|
| Total Expenses |
$667,187
|
$40.61
|
| Net Operating Income |
$920,288
|
$56.01
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $1,516,308 |
| Annual Per SF | $92.28 |
| Other Income (CAD) | |
|---|---|
| Annual | $116,656 |
| Annual Per SF | $7.10 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $45,489 |
| Annual Per SF | $2.77 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $1,587,475 |
| Annual Per SF | $96.61 |
| Taxes (CAD) | |
|---|---|
| Annual | $233,831 |
| Annual Per SF | $14.23 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $433,356 |
| Annual Per SF | $26.37 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $667,187 |
| Annual Per SF | $40.61 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $920,288 |
| Annual Per SF | $56.01 |
Property Facts
| Price | $23,018,170 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $822,077 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.84 AC |
| Cap Rate | 4% | Building Size | 16,431 SF |
| Gross Rent Multiplier | 14.1 | No. Stories | 2 |
| No. Units | 28 | Year Built | 2023 |
| Property Type | Multifamily | Parking Ratio | 2.74/1,000 SF |
| Property Subtype | Apartment |
| Price | $23,018,170 CAD |
| Price Per Unit | $822,077 CAD |
| Sale Type | Investment |
| Cap Rate | 4% |
| Gross Rent Multiplier | 14.1 |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.84 AC |
| Building Size | 16,431 SF |
| No. Stories | 2 |
| Year Built | 2023 |
| Parking Ratio | 2.74/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Deck
- Office
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Gated
- Grill
- Walking/Biking Trails
- Wi-Fi
- Car Charging Station
- Elevator
- Lounge
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 28 | - | 497 - 1,317 |
Property Taxes
| Parcel Number | 629-051-23 | Total Assessment | $7,960,442 CAD |
| Land Assessment | $1,178,109 CAD | Annual Taxes | $233,831 CAD ($14.23 CAD/SF) |
| Improvements Assessment | $6,782,333 CAD | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Number
629-051-23
Land Assessment
$1,178,109 CAD
Improvements Assessment
$6,782,333 CAD
Total Assessment
$7,960,442 CAD
Annual Taxes
$233,831 CAD ($14.23 CAD/SF)
Tax Year
2025 Payable 2025
1 of 73
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
ArtLofts | 20412 Laguna Canyon Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.