Skip To Content

689 S Coast

Laguna Beach, CA 92651
  • $2,195,000
  • STATUS: Active
  • ON SITE: 329 Days
  • ID#: NP21004621
UPDATED: 47 min ago
$2,195,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,042
    SQFT
  • $1,075
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1940
County:

School Ratings & Info

Listing Agent: Mark Simon of Berkshire Hathaway Homeservice and Aaron Valenty of Berkshire Hathaway Homeservice


Description

Rare mixed use retail property on the Ocean side of the Coast highway in desirable downtown Laguna Beach in the walk-able area of the Village shopping district. The street level retail space is voluminous and could be divided in to three shops. The second floor contains a three bedroom apartment that's just a short stroll from the Beach and walking distance to all of the shops, galleries and restaurants of downtown. There is also a very large storage garage in the rear. This property has 4 electric meters and is prime for re-positioning.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-05T12:25:46.06. 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 deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
www.canerealestate.com/homes/113135816
Print Image

689 S Coast Laguna Beach, CA 92651

  • Price: $2,195,000
  • Status: Active
  • On Site: 329 Days
  • Updated: 47 min ago
  • ID#: NP21004621
0
Beds
0
Baths
0
½ Baths
0.05
Acres
2,042
SQFT
$1,075
$/SQFT
1940
Built
Neighborhood:
LV - Laguna Village
County:
Orange
Area:
LV - Laguna Village
Property Description
Rare mixed use retail property on the Ocean side of the Coast highway in desirable downtown Laguna Beach in the walk-able area of the Village shopping district. The street level retail space is voluminous and could be divided in to three shops. The second floor contains a three bedroom apartment that's just a short stroll from the Beach and walking distance to all of the shops, galleries and restaurants of downtown. There is also a very large storage garage in the rear. This property has 4 electric meters and is prime for re-positioning.
Exterior Features

Carport Spaces 0 Lot Features 2-5 Units/Acre Open Parking Spaces 0 Parking Total 1 Waterfront Features Beach Access

Property Features

Additional Parcels YN No Business Type Retail Cap Rate 3.15 Common Interest None Electric Expense 4000 Exclusions Ge Ro Gross Scheduled Income 120000 Insurance Expense 2500 Laundry Features None Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Maintenance Expense 1000 Net Operating Income 81900 Number Of Units Leased 1 Property Sub Type Mixed Use Special Listing Conditions Standard Tax Year 2020 Trash Expense 1000 Water Sewer Expense 1000 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-05T12:25:46.06. 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 deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365091799-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365091799-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365091799-1.jpg
Logo
Cane Real Estate | Keller Williams La Jolla
7817 Ivanhoe Avenue #101
La Jolla CA, 92037
Listing Agent: Mark Simon of Berkshire Hathaway Homeservice and Aaron Valenty of Berkshire Hathaway Homeservice