CA > Laguna Beach
Laguna Beach, CA 92651,31678 Coast HWY
$4,950,000
Est. payment /mo
Save
10,018 Sqft Lot
Active

31678 Coast HWY Laguna Beach, CA 92651

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
4
May
Mon
5
May
Tue
6
May
Brent Cate

Brent Cate

+1(559) 304-6188

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25522119

HOA Y/N No

Year Built 1948

Lot Size 10,018 Sqft

Property Description

6,972-SF Multi-Tenant Retail Building Steps From the Pacific Ocean. Asking Price of $4,950,000 $710/sf (4.4% cap rate, proforma cap of 6.2%). PCH frontage with a rare private parking lot providing 11 exclusive stalls. Two retail tenants on 1st floor and US Postal Service on entire 2nd floor. Owner user potential: 2,250 SF is MTM (1/3rd of building). Laguna Beach regularly exceeds $600M in annual retail sales. New ordinance allowing up to 3,822-SF of residential on the 2nd floor. Exceptionally high household incomes and robust consumer spending.

Location

State CA

County Orange

Area Sl - South Laguna

Interior

Fireplace No

Exterior

Total Parking Spaces 11

Building

Story 2

Others

Tax ID 05610151

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Geoffrey Dewolf • Economos Dewolf, Inc.

GET MORE INFORMATION

agent

Brent Cate

License ID: 01482878

+1(559) 304-6188

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Modern Broker, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

31678 Coast HWY

QUICK SEARCH
There are 19 quick searches