$3,995,000
( $1521.90Per Sq Foot )
 $21,446 est/mo Sourced by Back At You

550 S Coast,Laguna Beach, CA 92651

Laguna Beach, CA 92651

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Description

Rare opportunity to acquire 550 S Coast Highway, a six-unit multi-tenant retail asset located on one of the most iconic stretches of Pacific Coast Highway in Laguna Beach. The 2,625 SF building sits on a 4,400 SF lot in the CBD-V zoning district, surrounded by galleries, restaurants, boutique retail, and the year-round tourism that defines Laguna Beach’s coastal village corridor. The property currently generates $13,540/month in gross rental income across five occupied units, with a sixth unit currently used by Seller for storage and producing no income. Existing rents are significantly below market, creating a clear value-add opportunity through lease renewals, rent adjustments, and conversion of the storage space into income-producing tenancy. Based on market rent assumptions, the property projects to a stabilized Year 2 NOI of $211,527, representing a 5.30% cap rate. Located in one of Southern California’s most affluent and supply-constrained coastal markets, 550 S Coast Highway offers irreplaceable frontage, stable in-place income, and a compelling path to future growth in the heart of Laguna Beach’s renowned arts, retail, and tourism corridor.

Details

MLS #RS26113581
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Days On Site92
Listing Provided ByeXp Realty of Greater L.A | Andrew McAllister

Features

SQ Feet2,625
Story(s)2
Units6
Building(s)1
ZoningCBD-V
Acreage0.10

Exterior

Lot FeaturesZero To One Unit Acre, Level, Near Public Transit, Paved, Rectangular Lot, Walkstreet

Area Information

StateCA
CountyOrange
CityLaguna Beach
Zip Code92651
AreaLV Laguna Village
Listing VS Median (in 92651)
Price:
$3,995,000
low | high
Med:
$499,000
100% of Average
sqft:
2,625
low | high
Med:
370
100% of Average
$ / sqft:
$1,522
low | high
Med:
$1,349
61.384162635727% of Average
On site:
92
low | high
Med:
103
89.320388349515% of Average
Sourced by Back At You

Market Activity 92651

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Coldwell Banker Commercial Real Estate Solutions

Coldwell Banker Commercial Real Estate Solutions

DRE: 01857050 (760) 684-8000info@cbcdesert.com
StateCA
CountyOrange
CityLaguna Beach
Zip Code92651
AreaLV Laguna Village
Listing VS Median (in 92651)
Price:
$3,995,000
low | high
Med:
$499,000
100% of Average
sqft:
2,625
low | high
Med:
370
100% of Average
$ / sqft:
$1,522
low | high
Med:
$1,349
61.384162635727% of Average
On site:
92
low | high
Med:
103
89.320388349515% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $2.996M - $4.993M
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
689 S Pacific Coast Hwy 4 Property Photo 1
$3,650,000
689 S Pacific Coast Hwy 4
Laguna Beach, CA 92651
Listing Updated: August 21, 2026 at 10:56:46 PM PDT
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