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    1391 Coast Hwy Laguna Beach, CA 92651-3117
    Property profile & analytics

    1391 Coast Hwy Laguna Beach, CA 92651-3117


    • Retail space
    • 2,951 SF
    • 0.20 lot acres
    Off-Market
    Last Sale Nov 5, 2024
    $6,149,000
    Property ID
    US10-3173702
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $6,150,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bear Coast Coffee / Cafe & Coffee Shop
    • Advanced Care Clinic / Medical Clinic
    • Coast Liquor / (Bike/Boat/Book/etc) Store / Wine and Liquor Store

    Property Details for 1391 Coast Hwy

    Year built
    1934
    Lot size
    0.20 lot acres
    Property size
    2,951 SF
    Property type
    Retail space
    APN
    644-216-04
    APU
    64421604

    Description

    This exceptional Class A, 5,300 square foot retail storefront in Laguna Beach, California, presents a compelling investment opportunity. Located on a high-traffic section of Pacific Coast Highway (SR-1), boasting over 38,700 cars daily, this property enjoys unparalleled visibility and accessibility. The building, constructed in 1934 and extensively renovated in 2023, sits on a 0.2-acre lot and houses four tenants, achieving 100% occupancy. The current Net Operating Income (NOI) stands at $276,339, yielding a 4.50% capitalization rate. The asking price is $6,141,000, translating to $1,158.68 per square foot. The property benefits from its proximity to affluent residential areas, upscale dining establishments (including Selanne Steak Tavern, Mozambique, and others), and numerous hotels, creating a robust daytime and nighttime customer base. The tenant mix includes a long-standing liquor store operating for nearly 70 years, and a new Bear Coffee location, ensuring a stable and internet-resistant tenant profile. This "trophy" asset offers a rare opportunity to acquire a prime retail property in a highly desirable coastal location. The strong tenant base, high visibility, and excellent location make this a truly exceptional investment.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $6,150,000
      ML approach
      $6,150,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Laguna Beach
    County
    Orange
    State
    California
    Longitude
    -117.775
    Latitude
    33.5318
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $33,593
    $2,704,110
    $370,000
    $3,074,110
    -
    $0.00
    $0.00
    $0.00
    More about this property
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