690-696 South Coast Highway - Hospitality FOR SALE


Laguna Beach, CA 92651
$40,000,000 USD
949-872-8322
690-696 South Coast Highway, Laguna Beach, CA for Sale
$40,000,000 USD
Hospitality - FOR SALE
1/67
null | Request Cap Rate

690-696 South Coast Highway
Laguna Beach, CA 92651


HIGHLIGHTS

  • Prime Downtown Laguna Beach Location
  • Two Adjacent Parcels Operating Under One Independent Brand
  • Significant Value-Add Opportunity
  • Food & Beverage Repositioning Opportunity

OVERVIEW

Rare opportunity to acquire the 14 West Boutique Hotel Portfolio, a 68-key boutique hospitality asset located in the heart of Laguna Beach. The portfolio consists of two adjacent parcels operating under the unified 14 West brand and offers exceptional value-add potential through strategic repositioning, operational optimization, food & beverage activation, and the potential expansion to 74 guest rooms. An independent repositioning strategy prepared by 24Seven Hotels projects significant ADR, NOI, and long-term value growth. Confidential Offering Memorandum, historical financials, independent operating forecast, and Due Diligence Data Room available upon execution of a Confidentiality Agreement.

FOR SALE DETAILS

PRICE

$40,000,000 USD

PRICE/SF

$1,261 USD /SF

# OF ROOMS

74

PRICE/ROOM

$540,541 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

14 West Boutique Hotel Porfolio

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

-

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

C-1

APN/PARCEL ID

644-036-15,644-036-16

ASK ABOUT THIS PROPERTY

Mark SimonBerkshire Hathaway HS California PropertiesMore Info
949-872-8322

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Mark SimonBerkshire Hathaway HS California PropertiesMore Info
949-872-8322

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