2880 S Coast Hwy, Laguna Beach, 92651

REDUCED 9% Commercial - Office For Sale

$3,195,000

Beds
Baths
Sqft
.12Acres
1980Built
181DOM
MLS® #: OC20060773
Active, 181 Days on Market

Truly an incredible opportunity to own a 3-unit, freestanding "Ocean View" commercial office building in the City limits of Laguna Beach. This 1980 constructed commercial building provides 9 covered parking stalls as well as street parking. Outstanding outside deck/community areas and tremendous views from many vantage points. Currently occupied by three tenants providing Architectural and Structural Engineering Services and Healthcare Supplements. Existing rents are currently "under market rates" as the two owners are majority occupants and tenants of this building. This has outstanding proximity to both cities of Laguna Beach and Dana Point, a fantastic location and frontage on Pacific Coast Highway. Visual exposure of this office building is outstanding. Easy access to the I-5 freeway and John Wayne Airport. This commercial office building has been extremely well cared for by its owners. Contiguous high profile restaurant next door provides additional income by leasing parking during after normal business hours with its own valet parking staff. This is a great opportunity for either an owner occupant or investor. It is also possible that only 50% of this building could be purchased.

Essential Information

MLS® #: OC20060773
Price: $3,195,000
Acres: 0.12
Year Built: 1980
Type: Commercial
Sub-Type: Office
Status: Active

Community Information

Address: 2880 S Coast Hwy
Area: South Laguna (SL)
City: Laguna Beach
County: Orange
State: CA
Zip Code: 92651

Amenities

Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Parking Spaces: 9
Is Waterfront: Yes
Waterfront: Ocean Side of Freeway

Interior

Heating: Central Furnace
# of Stories: 2

Exterior

Lot Description: 2-5 Units/Acre, Corner Lot, Level with Street, Lot Shape-Rectangular, Lot-Level/Flat, Near Public Transit, Paved, Zero Lot Line
Roof: Asbestos Shingle

Additional Information

Date Listed: March 20th, 2020
Days on Market: 181
Zoning: commercial

Listing Details

Listing Agent: Bob Wolff(01053562)
Listing Office: Harcourts Prime Properties

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Listing information last updated on September 18th, 2020 at 7:15pm PDT.

Based on information from California Regional Multiple Listing Service, Inc. as of September 18th, 2020 at 7:21pm 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.