31678 Coast, Laguna Beach CA 92651 | $4,950,000

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0 bedrooms
0 bathrooms
0 Sq Ft
0 Lot Sq Ft
Type:
Stories: 2
Year Built: 1948
MLS#: 25522119
Community: SL - South Laguna

Listing provided courtesy of Geoffrey Dewolf of Economos Dewolf, Inc.. Last updated 2025-05-05 08:49:48.000000. Listing information © 2025 SANDICOR.

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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.

More Details

2 Stories

Parking Spots: 11.00

Catherine Black

Call or Text: 619.788.3056

eXpLuxury

Phone: 619.788.3056 | Send a Message | Realtor® DRE#: #01939090

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