Multifamily
ArtLofts
20412 Laguna Canyon Rd, Laguna Beach, CA 92651
Listing Price: $17,000,000
Investment Overview
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.
ArtLofts
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.
Listing Price: $17,000,000
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.
Investment Overview
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.
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