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687-691 S Coast Hwy
Laguna Beach, CA 92651
Retail Property For Sale
EXECUTIVE SUMMARY
Located in the heart of Laguna Beach’s Village District, this property offers a unique investment opportunity with multiple income streams. The two commercial leases generate $6,000 per month, totaling $72,000 annually, while the Airbnb rental produced $120,221.33 last year.
Just steps from Cleo Beach, the property sits 100 yards from Ralphs and shares an alley with The Deck and Driftwood Kitchen—two of Laguna’s most iconic beachfront restaurants. It’s also a short distance from the Main Beach and downtown.
The Airbnb unit is a stylish 2-bedroom, 1-bath retreat that sleeps six. Guests enjoy modern amenities, including:
Bedrooms: Both feature king-size beds, 43” TVs, and dressers. A queen air mattress is available upon request.
Climate Control: Equipped with a mini-split AC and heating system, a rare luxury in Laguna Beach.
Kitchen: A gourmet eat-in space with stainless steel appliances, granite countertops, a 6-burner gas range, and double ovens—perfect for entertaining.
Living Area: A spacious sectional sofa, and a 65” Samsung TV make it an ideal place to unwind after a day at the beach.
Parking: A covered carport fits one car.
Just steps from Cleo Beach, the property sits 100 yards from Ralphs and shares an alley with The Deck and Driftwood Kitchen—two of Laguna’s most iconic beachfront restaurants. It’s also a short distance from the Main Beach and downtown.
The Airbnb unit is a stylish 2-bedroom, 1-bath retreat that sleeps six. Guests enjoy modern amenities, including:
Bedrooms: Both feature king-size beds, 43” TVs, and dressers. A queen air mattress is available upon request.
Climate Control: Equipped with a mini-split AC and heating system, a rare luxury in Laguna Beach.
Kitchen: A gourmet eat-in space with stainless steel appliances, granite countertops, a 6-burner gas range, and double ovens—perfect for entertaining.
Living Area: A spacious sectional sofa, and a 65” Samsung TV make it an ideal place to unwind after a day at the beach.
Parking: A covered carport fits one car.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,250 SF
Building Class
C
Year Built/Renovated
1940/2010
Price
$3,950,000
Price Per SF
$1,755.56
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.03
Lot Size
0.05 AC
Zoning
C-1
Parking
1 Spaces (0.44 Spaces per 1,000 SF Leased)
Frontage
25’ on Coast Hwy
PROPERTY TAXES
| Parcel Number | 644-021-06 | Improvements Assessment | $106,120 |
| Land Assessment | $2,133,028 | Total Assessment | $2,239,148 |
PROPERTY TAXES
Parcel Number
644-021-06
Land Assessment
$2,133,028
Improvements Assessment
$106,120
Total Assessment
$2,239,148
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