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Listed by Paulo Prietto • Compass
$ 3,995,000
Est. payment /mo
Active
1259 S Coast Laguna Beach, CA 92651
3,433 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRLG25064177
Year Built 1935
Lot Size 3,433 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Welcome to 1259 South Coast Highway, a beautifully updated mixed-use property in the heart of Laguna Beach's coveted "Hip District." This unique offering includes two high-visibility commercial retail spaces fronting PCH and two stylish residential units tucked away for privacy-creating an incredible investment or owner-user opportunity. Renown for its natural beauty, artistic heritage and vibrant culture, Laguna Beach is a strategic location for retailers looking to provide a unique consumer experience. Laguna Beach welcomes over 6 million visitors annually, ensuring consistent exposure for commercial tenants and strong rental demand. Recently reborn with extensive upgrades, this property is truly turnkey. Updates include new electrical, plumbing, roof, HVAC, kitchens, baths, flooring, lighting, EV chargers, and more-giving you peace of mind for years to come. Situated on the ocean side of PCH, the property zoning allows one residential unit to be used as a lucrative short-term rental, tapping into Laguna Beach's thriving vacation rental market, where the average AirBnb nightly rate is $377 and the average hotel nightly rate is $650. This prime property is just moments from Brooks Street Beach, home to the longest-running surf contest, the Surf n Sand Resort, and the Fo
Location
State CA
County Orange
Area Lv - Laguna Village
Interior
Heating Fireplace
Laundry Stacked Only
Exterior
Parking Features Assigned Spaces, Common Parking Area
Garage Spaces 3.0
Pool None
View None
Roof Type Shingle
Building
Foundation Combination
Water District - Public
Others
Tax ID 64407403
Special Listing Condition Not Applicable
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