This Retail Property is no longer advertised on LoopNet.com.

1966-1970 S Coast Hwy
Laguna Beach, CA 92651
Laguna Beach Shopping Strip · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront
Building Size
6,899 SF
Building Class
C
Year Built
1930
Percent Leased
51%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.47
Lot Size
0.34 AC
Zoning
C-1, Laguna Beach - Local Business
Parking
24 Spaces (3.48 Spaces per 1,000 SF Leased)
Frontage
54’ on Coast Hwy

Amenities

  • 24 Hour Access
  • Courtyard

About 1966-1970 S COAST HWY , LAGUNA BEACH, CA 92651

Prime Retail Location on Pacific Coast Highway - Subject Property Offers Ample Parking With 24 Parking Spaces Which is Extremely Rare in the Submarket Subject Property is 100% Occupied with a Mix of Successful Small Businesses - Neighboring the Subject Property are a Number of Popular Hotels Such as The Surf N’ Sand, The Montage, and the Laguna Beach Inn that Bring Constant Foot Traffic to the Area - Majority of Tenants are Internet Resistant and are Predominantly Service and Food Use - Property can be Registered as Historical by the City of Laguna Offering an Opportunity to Pay Significantly Lower Taxes on the Property - The Subject Property is Located on the Highly Trafficked Pacific Coast Highway (45,000 VPD) - Average Household Income is Well Above the National Average ($160,279 Within a One-Mile Radius) -The City’s Free Trolley Stops Right in Front of Subject Property and Ferries More than 1 Million Visitors Annually and Now Connects with the Dana Point Trolley Bringing Even More Visitors to the Area Excellent Location in a Major Tourist City - Laguna Beach Attracts Over 6.3 Million Visitors Annually Many of Which Come as Day-Trippers from Neighboring Counties such as Los Angeles and the Inland Empire - Subject Property is Located Just One Block from the Ocean Downtown - Laguna is Located Less than Five Minutes from Subject Property Which Hosts the Counties Major Cultural Events Such as Pageant of the Masters, Sawdust Art Festival, and the Laguna Art-A-Fair Which Bring Consistent Local and Tourist Foot Traffic to the Area - South Orange County is Experiencing Explosive Growth with 29,000 New Homes Approved for Development

Property Taxes

Property Taxes

Parcel Number
644-273-11
Land Assessment
$3,481,758
Improvements Assessment
$522,260
Total Assessment
$4,004,018
  • Listing ID: 12499444

  • Date on Market: 5/8/2018

  • Last Updated:

  • Address: 1966-1970 S Coast Hwy, Laguna Beach, CA 92651

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