Renovated Mixed-Use Coastal
For Sale
$5,495,000
1953 S Coast, Laguna Beach, CA 92651
Recently renovated three-level mixed-use asset with approved short-term lodging permit and a month-to-month leased retail component.
Property Size3,043 SF
Days on Market130
Property Features for 1953 S Coast
General Information
Standard status
Active
Size
3,043 SF
Property subtype
Mixed Use
Building Details
Building Size
3,043 SF
Year Built
1932
Listing Agency:
Parham Khoshbakhtian, Broker
Listed By:
Parham Khoshbakhtian · License #01446947
(949) 929-5901
Source:
Altamirarealty
Added: Apr 28
Changed: Sep 3
Last Checked: Sep 4 at 10:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Parham Khoshbakhtian, Broker
Investment Insights
Based on property information with market context.
1953 S Coast Hwy is a recently renovated mixed-use investment featuring approximately 3,043 SF across three levels. The property includes a residential unit with four bedrooms and four bathrooms, multi-level living space, and expansive living areas described as having 180-degree ocean views. Residential features include sound-insulated walls to help reduce road noise, a private backyard with jacuzzi, solar, EV charging, and garage and driveway parking.
The property benefits from an established, active short-term lodging permit that allows for ongoing, year-round operation, subject to standard City compliance. The remarks state the permit is included within Laguna Beach’s capped inventory of approved units and runs with the land.
A retail component provides supplemental income and is currently leased on a month-to-month basis, with market rent estimated at $4,000 per month. This dual-income coastal structure offers an existing operating framework for both residential lodging and retail tenancy.
The property benefits from an established, active short-term lodging permit that allows for ongoing, year-round operation, subject to standard City compliance. The remarks state the permit is included within Laguna Beach’s capped inventory of approved units and runs with the land.
A retail component provides supplemental income and is currently leased on a month-to-month basis, with market rent estimated at $4,000 per month. This dual-income coastal structure offers an existing operating framework for both residential lodging and retail tenancy.
Key Highlights
- Recently renovated 3‑level mixed‑use property with approved short‑term lodging permit allowing ongoing year‑round operation (subject to City compliance).
- About 3,043 SF on a 4,000 SF lot with 4 bedrooms and 4 bathrooms.
- 180‑degree ocean views with sound insulated walls to help reduce road noise.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,583
Businesses Nearby
Explore this area
Business Placement
Demographics for 92651, CA
24,096
Population
13,913
Households
1.7
Avg Household Size
52
Median Age
68%
College-Educated
98%
High-School Grad
22.1 sq mi
ZIP Area
1,090
Density / Sq Mi
$143,569
Median Household Income
$77,830
Median Earnings
$2,812
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Recently renovated three-level mixed-use asset with approved short-term lodging permit and a month-to-month leased retail component.
Where is this short term rental property located?
The property is located at 1953 S Coast Laguna Beach, CA.
What is the asking price?
The asking price for this property is $5,495,000.
What are key features of this property?
This property features: Recently renovated 3‑level mixed‑use property with approved short‑term lodging permit allowing ongoing year‑round operation (subject to City compliance).; About 3,043 SF on a 4,000 SF lot with 4 bedrooms and 4 bathrooms.; 180‑degree ocean views with sound insulated walls to help reduce road noise.
