Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Laguna Beach Retail Investment Opportunity Title is generated by Realmo AI

    550 S Coast Hwy, Laguna Beach, CA 92651

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Multi-tenant retail property in Laguna Beach's arts and tourism corridor.

    Type:Retail
    Property size:
    2,625 SF
    Lot size:
    0.10 Acres
    Price / SF:
    $1,521/SF
    Added:
    May 18, 2026
    Days on Market:
    14
    Last Refresh:
    May 20 at 4:57 am

    Property Features for 550 S Coast Hwy

    General Information

    Standard status
    Active
    Size
    2,625 SF
    Lot size
    0.10 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    1972

    We can help!

    Listing Contact
    Drew McAllister
    Drew McAllister

    Listing agent Drew McAllister License #02188471

    Listing office NRE Commercial

    Listing date May 18, 2026

    Source Crexi

    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 NRE Commercial

    HighLights

    • Prime location on iconic stretch of Pacific Coast Highway in Laguna Beach's arts and tourism corridor.
    • Significant value‑add investment opportunity with 33% rental upside to market rates.
    • Potential for a 5.30% cap rate based on stabilized Year 2 NOI of $211,527.
    • Stable cash flow with NNN lease structures and annual 3% rent escalations.
    • Located in the CBD‑V zoning district, supporting visitor‑serving retail and gallery uses.
    • High foot traffic location due to Laguna Beach's affluent tourism and art festivals.

    Overview

    Located on South Coast Highway in Laguna Beach, California, this multi-tenant commercial retail property features six units within a 2,625-square-foot building on a 4,400-square-foot lot. The property is situated in the Central Business District Visitor zoning district, surrounded by galleries, restaurants, and boutique retail establishments. The property currently generates $13,540 per month in gross rental income from five occupied units; the sixth unit is currently used for storage and not generating income. The current in-place rent roll shows over 33% upside to market. The location benefits from year-round foot traffic due to events such as the Laguna Art Walk, Festival of Arts, and Sawdust Art Festival. The CBD-V zoning supports a mix of visitor-serving retail and gallery uses.
    Location Intelligence

    Current Use by Public Records

    Thomas Studios Interior Designer I love Laguna ... Travel Agency Hugo Rivera Gallery Art Gallery Shaun Thomas Artist The Hat Box Hat Shop

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Laguna Beach
    County
    Orange
    State
    California
    Longitude
    -117.781531
    Latitude
    33.540386

    Nearby Similar for Sale

    • $2,995,000
      1,983 SF

      Historic Laguna Beach Cottage Compound

      Unique triplex with three separate living areas and rare parking.
      1560 Galen Drive, Laguna Beach, CA 92651
      View Details
    • $1,329,000
      1,120 SF

      Laguna Beach Ocean View Condo

      Top-floor penthouse with ocean views in Laguna Beach.
      240 Moss Street, Laguna Beach, CA 92651
      View Details
    • $979,000
      5,068 SF

      Laguna Canyon Live-Work Artist Home

      Unique live-work artist home/studio near Festival of the Arts.
      2375 Laguna Canyon Road, Laguna Beach, CA 92651
      View Details
    • $549,000
      370 SF

      Laguna Beach Commercial Condo

      Commercial condo in Laguna Beach's HIP District for sale.
      1590 S. Coast Hwy #12, Laguna Beach, CA 92651
      View Details
    • $6,999,999
      3,400 SF

      Laguna Beach Triplex with Pool

      Rare Laguna Beach triplex with pool, spa, and guest quarters.
      616 Cuprien Way, Laguna Beach, CA 92651
      View Details
    • $979,000
      5,068 SF

      Laguna Canyon Live-In Artist Studio

      Unique live-work artist home/studio in Laguna Canyon.
      2375 Laguna Canyon Rd, Laguna Beach, CA 92651
      View Details
    • $2,695,000
      1,939 SF

      Laguna Beach Coastal Triplex Estate

      Sophisticated coastal compound blocks from the Pacific Ocean.
      617 Lombardy, Laguna Beach, CA 92651
      View Details
    • $3,500,000
      1,575 SF

      Historic Storefront in Downtown Laguna

      Rare opportunity to own a distinctive historic storefront building.
      326 Frst, Laguna Beach, CA 92651
      View Details
    • $5,500,000

      Laguna Beach Coastal Property

      High-visibility coastal property with ocean views and income potential.
      31658 Coast Hwy, Laguna Beach, CA 92651
      View Details
    • $4,750,000

      Laguna Beach Mixed-Use Investment

      Mixed-use property with retail and office spaces in Laguna Beach.
      1178 N Coast Hwy, Laguna Beach, CA 92651
      View Details
    • $4,150,000

      Downtown Laguna Beach Live/Work Space

      Prime location, versatile layout, walk to Main Beach.
      385 2nd St, Laguna Beach, CA 92651
      View Details
    • $5,500,000

      Laguna Beach Mixed-Use Investment

      Mixed-use property with ocean views and high-visibility frontage.
      31656-31662 S Coast Highway, Laguna Beach, CA 92651
      View Details

    FAQs

    What type of property is this?
    Retail space - Multi-tenant retail property in Laguna Beach's arts and tourism corridor.
    Where is this retail space located?
    The property is located at 550 S Coast Hwy Laguna Beach, CA.
    What is the asking price?
    The asking price for this property is $3,995,000.
    What are key features of this property?
    This property features: Prime location on iconic stretch of Pacific Coast Highway in Laguna Beach's arts and tourism corridor.; Significant value‑add investment opportunity with 33% rental upside to market rates.; Potential for a 5.30% cap rate based on stabilized Year 2 NOI of $211,527.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Drew McAllister
    Drew McAllister
    Real Estate License ID: 02188471
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    550 S Coast Hwy, Laguna Beach, CA 92651
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!