687-691 S Coast Hwy - Storefront Retail/Office FOR SALE


Laguna Beach, CA 92651
$3,950,000 USD
949-632-0407
687-691 S Coast Hwy, Laguna Beach, CA for Sale
$3,950,000 USD
Storefront Retail/Office - FOR SALE
1/20
null | Request Cap Rate

687-691 S Coast Hwy
Laguna Beach, CA 92651


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$1,756 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

C-1

APN/PARCEL ID

644-021-06

ASK ABOUT THIS PROPERTY

Mohammad NoorzayBerkshire Hathaway HomesServices CaliforniaMore Info
949-632-0407

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Mohammad NoorzayBerkshire Hathaway HomesServices CaliforniaMore Info
949-632-0407

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.