Mixed-Use Property with Ocean
640 S Coast Highway, Laguna Beach, CA 92651
For Sale
New
$7,275,000
Five levels combine commercial and residential space, with an elevator and parking on site.
Property Size4,612 SF
Lot Size0.15 Acres
Price / SF$1,577
Days on Market5
Property Features for 640 S Coast Highway
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Site & Location
Highway Access
Road Access
Mixed-Use Components
Taxes and HOA fees
Annual Taxes
Amenities
elevator
Building Details
Building Size
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Main Beach Realty
Listed By:
Chad Concolino · License #01887163
(949) 375-8195
Source:
Altamirarealty
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 2:53PM
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 Main Beach Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 640 S Coast Highway and 641 Ramona Avenue, this mixed-use building contains approximately 4,612 square feet across 8 units of cafe, restaurant, retail, office, and residential space. Two penthouses have ocean views. The property was built in 1986 and includes an elevator and 18 on-site parking spaces. Its lot measures 6,643 square feet, with frontage on both Coast Highway and Ramona Avenue.
The upper levels look toward the ocean and Catalina Island. The building is near the beach and the Village. An additional space may be converted to a ninth office suite, subject to City approval. The owner reports permits for upgrades that include new windows and flooring; buyers should verify permits, zoning, permitted uses, unit configuration, and conversion potential with the City of Laguna Beach.
The upper levels look toward the ocean and Catalina Island. The building is near the beach and the Village. An additional space may be converted to a ninth office suite, subject to City approval. The owner reports permits for upgrades that include new windows and flooring; buyers should verify permits, zoning, permitted uses, unit configuration, and conversion potential with the City of Laguna Beach.
Key Highlights
- 8 units include cafe, restaurant, retail, office, and residential space
- Approximately 4,612 square feet on a 6,643‑square‑foot lot
- Two ocean‑view penthouses; upper levels also face Catalina Island
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,542
Businesses Nearby
141k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Groceries 31%
Dining 10%
Home Improvements & Furnishings 8%
Ralphs
Groceries
26,815 visits/mo
0.2 miles
Chevron
Shops & Services
16,810 visits/mo
0.1 miles
Whole Foods Market
Groceries
15,169 visits/mo
0.3 miles
Exxon
Shops & Services
15,086 visits/mo
0.4 miles
Coast Hardware
Home Improvements & Furnishings
10,934 visits/mo
0.4 miles
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
$2,000,001
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Orange County, CA
Properties on Market for Mixed-use properties in Orange County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Five levels combine commercial and residential space, with an elevator and parking on site.
Where is this mixed-use property located?
The property is located at 640 S Coast Highway Laguna Beach, CA.
What is the asking price?
The asking price for this property is $7,275,000.
What are key features of this property?
This property features: 8 units include cafe, restaurant, retail, office, and residential space; Approximately 4,612 square feet on a 6,643‑square‑foot lot; Two ocean‑view penthouses; upper levels also face Catalina Island
