Laguna Beach, CA 92651,2880 S Coast Hwy
Laguna Beach, CA 92651,2880 S Coast Hwy
Laguna Beach, CA 92651,2880 S Coast Hwy
Laguna Beach, CA 92651,2880 S Coast Hwy
Laguna Beach, CA 92651,2880 S Coast Hwy
Laguna Beach, CA 92651,2880 S Coast Hwy
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$3,000,000

$3,195,000

6.1%
Est.Price: ?

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Est. payment /mo

5,227 Sqft Lot


SOLD DATE : 09/21/2022

Key Details

Sold Price $3,000,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC20060773

Sold Date 09/21/22

HOA Y/N No

Year Built 1980

Lot Size 5,227 Sqft

Property Sub-Type Office

Property Description

Truly an incredible opportunity to own a 3-unit, freestanding "Ocean View" commercial office building in the City limits of Laguna Beach. This 1980 constructed commercial building provides 9 covered parking stalls as well as street parking. Outstanding outside deck/community areas and tremendous views from many vantage points. Currently occupied by three tenants providing Architectural and Structural Engineering Services and Healthcare Supplements. Existing rents are currently "under market rates" as the two owners are majority occupants and tenants of this building. This has outstanding proximity to both cities of Laguna Beach and Dana Point, a fantastic location and frontage on Pacific Coast Highway. Visual exposure of this office building is outstanding. Easy access to the I-5 freeway and John Wayne Airport. This commercial office building has been extremely well cared for by its owners. Contiguous high profile restaurant next door provides additional income by leasing parking during after normal business hours with its own valet parking staff. This is a great opportunity for either an owner occupant or investor. It is also possible that only 50% of this building could be purchased.

Location

State CA

County Orange

Area Sl - South Laguna

Zoning commercial

Interior

Heating Central

Cooling Central Air, Electric, Gas

Fireplace No

Laundry None

Exterior

Carport Spaces 9

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Waterfront Description Ocean Side Of Freeway

Roof Type Asbestos Shingle

Total Parking Spaces 9

Building

Lot Description 2-5 Units/Acre, Corner Lot, Level, Near Public Transit, Paved, Rectangular Lot, Street Level, Zero Lot Line, Flat

Story 2

Water Public

Others

Tax ID 65616421

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Lease Back, Owner May Carry

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Lease Back, Owner May Carry

Financing Conventional

Special Listing Condition Standard

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CRMLS – RECore
Listed by Bob Wolff Harcourts Prime Properties
Bought with Ron Wright Berkshire Hathaway HomeService
Jc Aldana

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(619) 954-3318

jcaldana33@gmail.com

2434 Fenton St # 300, Vista, Ca., 91914, USA

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