Water Views
Address
354 N Coast Laguna Beach, CA
Price
$ 6,595,000
Property Attributes
  • MLS#LG20227069
  • TypeCommercial
  • CountyORANGE
  • CityLaguna Beach
  • AreaNorth Laguna
  • Zip92651
  • StyleMixed Use
  • Price$ 6,595,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5335
Listing Provided Courtesy Of:
Michael Johnson with Compass.
Property Description

A rare available trophy income property located in spectacular Laguna Beach! Situated on storied Gallery Row - a prime, high foot-traffic area in North Laguna, 354 North Coast Hwy is a mixed-use investment property you will not want to miss. The current owners have made extensive structural and cosmetic renovations to the building exterior and interiors. Beautifully maintained and well-kept, this mixed retail and residential has three occupied commercial units fronting the high foot-traffic zone of North Coast Highway, with four residential ocean-view units. The commercial units are currently occupied by two veteran art galleries and a long-established jewelry store. - modern, tasteful, and clean. Apartments A and B are one bedroom, one bathroom units with ocean views. Apartments C and D are currently combined for use as a two bedroom owner’s unit, but can easily be split back to two additional one bedroom units. Highly-rated and stable tenants in all occupied units. Located blocks to North Laguna Beaches (Heisler, Shaws Cove, Crescent Bay, Boat’s Canyon) and in close proximity to popular restaurants, museums and downtown filled with local art shops and renowned restaurants, this location is prime. The property is on the Laguna Beach Trolley route, which transports Laguna's millions of annual tourists throughout the town. Don’t miss out on this rare investment opportunity.

Price History
10/30/2020 Listed $6,595,000

General Features

Co-Listing Agent Last Name Goericke-Bunn
Co-Listing Agent Last Name Inge
Co-Listing Agent State License # 00641176
Co-listing Agent Inge Goericke-Bunn - BRE#00641176
Directions On PCH between Aster and Jasmine.
Heating Central
Listagentaor Laguna
Listing Agent Michael Johnson - BRE#01429647
Listing Agent State License 01429647
MLS Area NL - North Laguna
Price Per Square Foot 1236.18
Property SubType Mixed Use
Property Type Commercial Sale
Source System CRMLS
Special Listing Conditions Standard
Total Units 7

Interior Features

Air Conditioning Y/N Yes
Condo Area Unit Type Square Feet
Heating Y/N Yes
Laundry Features Inside
Total Stories 1

Exterior Features

Building Area Total 5335.00
Land Use Multi-Family, Retail
Lot Size Source Assessor
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92651

Price
AVG $1.53M
$6.6M
Visits
AVG 72
70
Year Built
AVG 1971
1966

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