689 S Pacific Coast Hwy Unit 4, Laguna Beach CA 92651 (Off Market)

For Sale, USD 3,750,000


689 S Pacific Coast Hwy Unit 4, Laguna Beach CA 92651,

Property Type : Commercial

Property Style : N/A

Build Size : 2,242 ft² / 208 m²

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

Located in the heart of Laguna Beach's Village District, this property offers a unique investment opportunity with multiple income streams. The two commercial leases generate $6,000 per month, totaling $72,000 annually, while the Airbnb rental produced $120,221.33 last year. Just steps from Cleo Beach, the property sits 100 yards from Ralphs and shares an alley with The Deck and Driftwood Kitchen - two of Laguna's most iconic beachfront restaurants. It's also a short distance from the Main Beach and downtown. The Airbnb unit is a stylish 2-bedroom, 1-bath retreat that sleeps six. Guests enjoy modern amenities, including: Bedrooms: Both feature king-size beds, 43 TVs, and dressers. A queen air mattress is available upon request. Climate Control: Equipped with a mini-split AC and heating system, a rare luxury in Laguna Beach. Kitchen: A gourmet eat-in space with stainless steel appliances, granite countertops, a 6-burner gas range, and double ovens - perfect for entertaining. Living Area: A spacious sectional sofa, and a 65 Samsung TV make it an ideal place to unwind after a day at the beach. Parking: A covered carport fits one car.
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689 S Pacific Coast Hwy Unit 4, Laguna Beach CA 92651, United States,California,Laguna Beach is a 2,242ft² Laguna Beach luxury Commercial listed for sale USD 3,750,000. This high end Laguna Beach Commercial is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Laguna Beach or search for luxury properties for sale in Laguna Beach.