$ 3,995,000
-
$3,995,000
Price -
0
Bed -
0
Bath -
2,625
SqFt
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About the Listing REX5 - RSMCALAND
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.
Listing Highlights
Status
Active
Days on Site
4
Property Type
Commercial Sale
MLS ®
RS26113581
Year Built
Total Square Footage
2,625
Lot/Acreage
0.1
County
Orange
Area
LV - Laguna Village
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,Level,Near Public Transit,Paved,Rectangular Lot,Walkstreet,No Land Lease
- Garage Capacity: N/A
- Zoning: CBD-V
- Roof:
- Others: 2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 64401510
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
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Questions About..
550 S Coast Laguna Beach, CA 92651
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