550 S Coast Hwy Laguna Beach, CA 92651

Building Details

Year Built

1972

Listing office NRE Commercial

Listing date May 18, 2026

Source Crexi

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Investment Insights

Based on property information with market context.

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.

Key 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.

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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.