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Costa Art Hotel Laguna Beach 1404 N Coast Hwy 28 Room Hotel Laguna Beach, CA 92651 $10,495,000 ($374,821/Room)
INVESTMENT HIGHLIGHTS
- PREMIER COASTAL LOCATION: Steps from Crescent Bay Beach and minutes from downtown Laguna Beach’s shops, galleries, and dining.
- HIGH BARRIERS TO ENTRY: Strict zoning and limited new development protect long-term rate and occupancy growth.
- RECENT RENOVATIONS DRIVING PERFORMANCE: Following comprehensive renovations in 2019 and 2024, the property has achieved RevPAR growth of over 42%.
- UNTAPPED REVENUE STREAMS: Recently secured Type 66 (complimentary tastings for marketing) and Type 70 licenses
- F&B EXPANSION OPPORTUNITY: Existing 1BR/1BA unit provides a turnkey opportunity to expand F&B offerings.
EXECUTIVE SUMMARY
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $10,495,000 | Lot Size | 0.36 AC |
| Price Per Room | $374,821 | Building Size | 20,653 SF |
| Sale Type | Investment | No. Rooms | 28 |
| Sale Condition | Business Value Included | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1992/2024 |
| Property Subtype | Hotel | Parking Ratio | 1.25/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Zoning | C1, Laguna Beach | ||
| Price | $10,495,000 |
| Price Per Room | $374,821 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.36 AC |
| Building Size | 20,653 SF |
| No. Rooms | 28 |
| No. Stories | 3 |
| Year Built/Renovated | 1992/2024 |
| Parking Ratio | 1.25/1,000 SF |
| Corridor | Exterior |
| Zoning | C1, Laguna Beach |
AMENITIES
- Outdoor Pool
- Public Access Wifi
ABOUT 1404 N COAST HWY , LAGUNA BEACH, CA 92651
Located steps from Crescent Bay Beach, the hotel provides guests immediate access to the shoreline while maintaining a quiet, neighborhood atmosphere away from the busier tourist corridors. With its art-inspired design, pet-friendly amenities, and walkable location, the Costa Art Hotel stands out as a unique alternative to larger branded hotels. The property benefits from Laguna Beach’s enduring popularity as a seaside destination, consistently attracting visitors seeking intimate, high-quality accommodations. With strong seasonal peaks complemented by steady off-season visitation, investors are presented with a rare opportunity to acquire a turnkey asset in a market with high barriers to entry and virtually zero hotel development.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 28 | $171.00 | - |
PROPERTY TAXES
| Parcel Number | 053-122-28 | Improvements Assessment | $2,122,416 |
| Land Assessment | $7,277,617 | Total Assessment | $9,400,033 |
PROPERTY TAXES
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Costa Art Hotel Laguna Beach | 1404 N Coast Hwy
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