Water Views
Address
354 N Coast Laguna Beach, CA
Price
$ 6,595,000
Property Attributes
  • MLS#LG20227069
  • TypeCommercial
  • CountyORANGE
  • CityLaguna Beach
  • AreaNorth Laguna
  • Zip92651
  • StyleMixed Use
  • Price$ 6,595,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
Michael Johnson with Compass.
Data Source:
CRMLS
Property Description

A rare available trophy income property located in spectacular Laguna Beach! Situated on storied Gallery Row - a prime, high foot-traffic area in North Laguna, 354 North Coast Hwy is a mixed-use investment property you will not want to miss. The current owners have made extensive structural and cosmetic renovations to the building exterior and interiors. Beautifully maintained and well-kept, this mixed retail and residential has three occupied commercial units fronting the high foot-traffic zone of North Coast Highway, with four residential ocean-view units. The commercial units are currently occupied by two veteran art galleries and a long-established jewelry store. - modern, tasteful, and clean. Apartments A and B are one bedroom, one bathroom units with ocean views. Apartments C and D are currently combined for use as a two bedroom owner’s unit, but can easily be split back to two additional one bedroom units. Highly-rated and stable tenants in all occupied units. Located blocks to North Laguna Beaches (Heisler, Shaws Cove, Crescent Bay, Boat’s Canyon) and in close proximity to popular restaurants, museums and downtown filled with local art shops and renowned restaurants, this location is prime. The property is on the Laguna Beach Trolley route, which transports Laguna's millions of annual tourists throughout the town. Don’t miss out on this rare investment opportunity.

Price History
10/30/2020 Listed $6,595,000

General Features

Community Features Park
Cooling Central Air
Heating Central
MLS Area NL - North Laguna
Property SubType Mixed Use
Property Type Commercial Sale
Terms Cash, Cash to New Loan, Contract
Total Units 7
Virtual Tour https://linktr.ee/mjgjustbreathe

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features Inside

Exterior Features

Lot Features 6-10 Units/Acre, Near Park, Near Public Transit
Lot Size Acres 0.14
Lot Size Area 6098
Lot Size Source Assessor
Lot Size Square Feet 6098
Lot Size Units Square Feet
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92651

Price
AVG $1.6M
$6.6M
Visits
AVG 101
142
Year Built
AVG 1977
1966
Walkscore
AVG 66
88
Data Provided by Walkscore ® not using MLS data

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