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$3,195,000
2880 S Coast Hwy, Laguna Beach, CA 92651
0 Beds
0 Baths
3,658 sqft

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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.
  • Price:
  • $3,195,000
  • Square Footage:
  • 3,658
  • Acreage:
  • 0.12
  • Year Built:
  • 1980
  • Listing ID #:
  • OC20060773
  • Street Address:
  • 2880 S Coast Hwy
  • City:
  • Laguna Beach
  • State:
  • California
  • Postal Code:
  • 92651
  • County:
  • Orange
  • Community:
  • South Laguna
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Building Security:
  • Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Description:
  • Wood Siding
  • Entry Level:
  • 2
  • Number Of Units:
  • 3
  • Stories:
  • 2
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 3658
  • Type Of Roof:
  • Asbestos Shingle
  • Year Built:
  • 1980
  • Year Built Source:
  • Assessor
  • Business Type:
  • Professional/Office, Professional Service
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • Commercial
  • Lot Features:
  • 2-5 Units/Acre, Corner Lot, Level, Near Public Transit, Paved, Rectangular Lot, Street Level, Zero Lot Line, Flat
  • Lot Size:
  • 5227
  • Lot Square Footage:
  • 5227
  • Topography:
  • Level
  • Days On Market:
  • 183
  • On Market Date:
  • 2020-03-20
  • Originating Mls:
  • Crmls
  • Previous Listing Price:
  • 3500000
  • Terms:
  • Cash, Cash To New Loan, Conventional, 1031 Exchange, Lease Back, Owner May Carry
  • Street Direction Prefix:
  • S
  • Carport Present:
  • Yes
  • Number Of Carport Spaces:
  • 9
  • Parking Spaces:
  • 9
  • Cooling System:
  • Central Air, Electric, Gas
  • Electricity:
  • Electricity - On Property, Standard
  • Existing Water:
  • Public
  • Has Central Air Conditioning:
  • Yes
  • Heating:
  • Central
  • Waterfront Description:
  • Ocean Side Of Freeway
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Bob Wolff of Harcourts Prime Properties
  • CACRMLS

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