$3,995,000
 $21,446 forsale estimated payment Sourced by Back At You

1259 S Coast , Laguna Beach, CA 92651

Laguna Beach, CA 92651

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Description

Welcome to this stunning mixed-use property located at 1259 South Coast Highway in the heart of beautiful Laguna Beach. Comprised of two commercial retail units and two residential apartments, this unique property offers a perfect blend of residential and commercial space, making it a versatile and attractive investment opportunity. This charming property was just completely reborn with updates throughout including new electrical, new plumbing, new roof, new HVAC, new kitchens & baths, new flooring, lighting, EV chargers and more. It's ready for the new owner to step in and enjoy for many years to come without having to worry about any major maintenance. The first residential unit (#A) is the perfect "pied-de-terre" for anyone looking to plug into the Laguna lifestyle. This single level ground level studio unit is brand new and no expense was spared when updating this unit. Approximately 352 SF The second residential unit (#B) boasts 2 bedrooms plus an office, 2 baths and comes with a fenced in grass yard. Approximately 1024 SF The first retail space is approximately 392 square feet has an open floor plan and bathroom. The second retail space is approximately 315 square feet has a deck and outdoor shower. When you're this close to the ocean, a beach home needs to have an outdoor shower to rinse off after a morning stroll or surf. This property's prime location on the ocean side of PCH in the "Hip District" and across the street from "The Greeter," offers easy access to the best of Laguna Beach's renowned amenities, including world-class beaches, bespoke art galleries, and delicious dining options. Just a stone's throw from famed Brooks Street Beach, the local surf spot and home of the longest running surf contest, you can spectate or take part in the active beach lifestyle on a moment's notice. Walk across the street to Heidleberg Cafe in the morning for coffee and breakfast. Take a stroll on the sandy shoreline all the way to Main Beach/Downtown. Later dine at Sapphire which is also across the street. You won't need to drive your car...all these amenities are within reach. With its mixed-use zoning and enviable location, the property provides the flexibility to accommodate a variety of endeavors, adding to its appeal and potential. Occupy one of the residential units making it your vacation home while renting out the other units.

Details

MlsLG24156702
Listing TypeFor Sale
StyleMixed Use
SubtypeResale
StatusActive
Year1935
Days On Site127
Listing Provided ByCompass 949-339-3659 | Paulo Prietto

Features

Sq Feet2,083
Storys2
Units4
Buildings2
Acreage0.08
Water FrontYes
Property ViewNone

Market Activity 92651

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 1 hour ago
StateCA
CountyOrange
CityLaguna Beach
Zip Code92651
AreaLV Laguna Village
Community NameThe Village (VIL)
Listing VS Median (in The Village (VIL))
Price:
$3,995,000
low | high
Med:
$4,120,000
46.871088861076% of Average
SqFt:
2,083
low | high
Med:
2,227
43.110897743639% of Average
$ / SqFt:
$1,918
low | high
Med:
$1,855
53.304843079165% of Average
On Site:
127
low | high
Med:
117.000000
100% of Average
Sourced by Back At You
Listing Updated: December 3, 2024 at 10:23:48 PM PST
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