1956 S Coast, Laguna Beach, 92651

REDUCED 4% Commercial - Retail For Sale

$5,678,000

Beds
Baths
Sqft
.31Acres
1950Built
702DOM
MLS® #: OC18120431
Active, 702 Days on Market

Subject Property Offers Ample Parking With 24 Parking Spaces Which is Extremely Rare in the Submarket / Prime Retail Location on Pacific Coast Highway / 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) / 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

Essential Information

MLS® #: OC18120431
Price: $5,678,000
Acres: 0.31
Year Built: 1950
Type: Commercial
Sub-Type: Retail
Status: Active

Community Information

Address: 1956 S Coast
Area: Laguna Village (LV)
City: Laguna Beach
County: Orange
State: CA
Zip Code: 92651

Interior

# of Stories: 1

Exterior

Lot Description: 2-5 Units/Acre, 6-10 Units/Acre, 11-15 Units/Acre

Additional Information

Date Listed: April 26th, 2018
Days on Market: 702

Listing Details

Listing Agent: Ronnie Duong(01438643)
Listing Office: Gateway Commercial

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Listing information last updated on March 31st, 2020 at 11:46am PDT.

Based on information from California Regional Multiple Listing Service, Inc. as of March 31st, 2020 at 11:58am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.