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31656-31662 S Coast Hwy 5,000 SF 100% Leased Retail Building Laguna Beach, CA 92651 $7,511,130 CAD ($1,502.23 CAD/SF)
Investment Highlights
- Irreplaceable Coastal Real Estate
- Mix of retail, office, and residential units
- Ocean Views from every unit
- Restaurant space within the property
Executive Summary
Short-term leases allow for an amazing Live/Work opportunity in Laguna Beach.
• Two of the upstairs units are currently configured as studio spaces, creating a unique opportunity for a live/work setup within the property
• High-visibility frontage on Laguna’s main artery
• Owner-Users can occupy multiple while rental income from the remaining spaces offsets operating expenses
• Investors may lease the property in its entirety, diversifying income across multiple uses
• Irreplaceable coastal real estate with significant barriers to entry
• Steps away from the beach
• High tourism and affluent local community create year-round demand for business
• Ocean views from every unit
• Two of the upstairs units are currently configured as studio spaces, creating a unique opportunity for a live/work setup within the property
• High-visibility frontage on Laguna’s main artery
• Owner-Users can occupy multiple while rental income from the remaining spaces offsets operating expenses
• Investors may lease the property in its entirety, diversifying income across multiple uses
• Irreplaceable coastal real estate with significant barriers to entry
• Steps away from the beach
• High tourism and affluent local community create year-round demand for business
• Ocean views from every unit
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built
1951
Price
$7,511,130 CAD
Price Per SF
$1,502.23 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.43
Lot Size
0.08 AC
Zoning
Commercial
Frontage
54’ on South Coast Highway
Amenities
- Corner Lot
- Restaurant
- Skylights
- Tenant Controlled HVAC
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 056-101-01 | Improvements Assessment | $219,897 CAD |
| Land Assessment | $763,015 CAD | Total Assessment | $982,912 CAD |
Property Taxes
Parcel Number
056-101-01
Land Assessment
$763,015 CAD
Improvements Assessment
$219,897 CAD
Total Assessment
$982,912 CAD
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31656-31662 S Coast Hwy
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