Retail and Residential Income
For Sale
$3,650,000
4-689 S Coast Hwy, Laguna Beach, CA 92651
Village District property with two commercial leases and a 2-bedroom Airbnb, including mini-split climate control and a covered carport.
Days on Market103
Property Features for 4-689 S Coast Hwy
General Information
Standard status
Active
Total Parking Spaces
1
Additional Details
Business Included
No
Amenities
mini-split AC and heating
stainless steel appliances
granite countertops
6-burner gas range
double ovens
sectional sofa
43-inch TVs
65-inch Samsung TV
Building Details
Tenancy
Multi
Listing Agency:
Berkshire Hathaway HomeServices California Properties
(949) 632-0407
Listed By:
Mohammad Noorzay · License #02016268
(949) 632-0407
Source:
Exprealty
Added: Apr 21
Changed: Jul 28
Last Checked: Jul 31 at 5:26PM
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 Berkshire Hathaway HomeServices California Properties
Investment Insights
Based on property information with market context.
Located in the heart of Laguna Beach’s Village District, this property combines two commercial leases with a short-term rental unit, creating multiple income streams. The two commercial leases generate $6,000 per month, totaling $72,000 annually, while the Airbnb produced $120,221.33 last year.
The Airbnb is a 2-bedroom, 1-bath retreat that sleeps six and includes modern amenities such as king-size beds in both bedrooms, 43” TVs, a queen air mattress upon request, and a mini-split AC and heating system. The eat-in kitchen features stainless steel appliances, granite countertops, a 6-burner gas range, and double ovens. Guests also have access to a living area with a sectional sofa and a 65” Samsung TV. A covered carport accommodates one vehicle.
Situated steps from Cleo Beach, the property is about 100 yards from Ralphs and shares an alley with The Deck and Driftwood Kitchen. It is also a short distance from Main Beach and downtown.
The Airbnb is a 2-bedroom, 1-bath retreat that sleeps six and includes modern amenities such as king-size beds in both bedrooms, 43” TVs, a queen air mattress upon request, and a mini-split AC and heating system. The eat-in kitchen features stainless steel appliances, granite countertops, a 6-burner gas range, and double ovens. Guests also have access to a living area with a sectional sofa and a 65” Samsung TV. A covered carport accommodates one vehicle.
Situated steps from Cleo Beach, the property is about 100 yards from Ralphs and shares an alley with The Deck and Driftwood Kitchen. It is also a short distance from Main Beach and downtown.
Key Highlights
- Village District property with two commercial leases and a 2‑bedroom Airbnb unit
- Commercial leases total $6,000/month ($72,000/year) based on provided figures
- Airbnb rental reported $120,221.33 in the last year, per provided information
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,437
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 - Village District property with two commercial leases and a 2-bedroom Airbnb, including mini-split climate control and a covered carport.
Where is this short term rental property located?
The property is located at 4-689 S Coast Hwy Laguna Beach, CA.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: Village District property with two commercial leases and a 2‑bedroom Airbnb unit; Commercial leases total $6,000/month ($72,000/year) based on provided figures; Airbnb rental reported $120,221.33 in the last year, per provided information
