Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    265 Laguna Ave Laguna Beach, CA 92651

    • Commercial real estate
    • 3,609 SF
    • 0.13 lot acres
    For Lease
    View listing
    $4 SF/Yr
    Last Sale
    Feb 11, 2021
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2585163
    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.

    Current Use by Public Records

    • Beyond Acupuncture and Herbs / Medical Clinic / Alternative Medicine Practice
    • i2iOptometry / (Bike/Boat/Book/etc) Store
    • David N. Cler, OD / Physician
    • Michael D. Cook, OD / Physician
    • Ford Jon K DPM / Physician

    Property Details for 265 Laguna Ave

    Year built
    1940
    Lot size
    0.13 lot acres
    Property size
    3,609 SF
    Property type
    Commercial real estate
    APN
    644-013-02
    APU
    64401302

    Description

    This exceptional 1,185-square-foot medical office space presents a unique leasing opportunity in the heart of Laguna Beach. Located at 265 Laguna Ave, conveniently situated near the cross streets of Laguna Avenue and Ramona Avenue in Orange County, this single-tenant property offers immediate occupancy. The building boasts a welcoming waiting room, five private offices, and ample storage space, catering perfectly to the needs of a medical practice. The property's prime location directly behind Peppertree Lane ensures high visibility and accessibility for patients. The entire 1,185 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific requirements. This is an unparalleled chance to establish or relocate a medical practice in a highly desirable and thriving Laguna Beach location. The building's layout is designed for efficiency and patient comfort, with dedicated areas for both private consultations and administrative tasks. The abundance of storage space allows for the convenient organization of medical supplies and equipment. This property offers a blend of convenience, functionality, and prestige, making it an ideal location for a variety of medical professionals. Don't miss this opportunity to secure a prominent presence in the vibrant Laguna Beach community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,015,000
      6.5%
      $935,000
      7%
      $870,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Laguna Beach
    County
    Orange
    State
    California
    Longitude
    -117.782
    Latitude
    33.5416
    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
    $5,265
    $189,907
    $233,047
    $422,954
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      606 Laguna Cyn Rd

      COMMERCIAL (GENERAL)
      606 Laguna Cyn Rd, Laguna Beach, CA 92651-1837
      View Details
    • Value Estimation by Request
      0.82 Acres

      610 Pacific Coast Hwy

      COMMERCIAL (GENERAL) • 0.82 Acres
      610 Pacific Coast Hwy, Laguna Beach, CA 92651
      View Details
    • Value Estimation
      $505,000
      0.16 Acres

      509 Coast Hwy

      SHOW ROOM, WAREHOUSE • 0.16 Acres
      509 Coast Hwy, Laguna Beach, CA 92651-2405
      View Details
    • Value Estimation
      $525,000
      0.25 Acres

      228 Coast Hwy

      SHOW ROOM, WAREHOUSE • 0.25 Acres
      228 Coast Hwy, Laguna Beach, CA 92651-1821
      View Details
    • Value Estimation by Request
      0.18 Acres

      1191 Coast Hwy

      COMMERCIAL (GENERAL) • 0.18 Acres
      1191 Coast Hwy, Laguna Beach, CA 92651-1315
      View Details
    • Value Estimation
      $540,000
      1,920 SF

      385 2nd St

      COMMERCIAL (GENERAL) • 1,920 SF
      385 2nd St, Laguna Beach, CA 92651-2304
      View Details

    Similar Nearby for Sale

    • $3,180,000
      1.05 Acres

      Laguna Beach Commercial Land Investment

      Prime 1.05-acre lot, ideal for business.
      3015 Laguna Canyon Rd, Laguna Beach, CA 92651
      View Details
    • $5,900,000
      4,527 SF

      Downtown Laguna Beach Office Building

      Class A office space in the heart of Laguna Beach.
      345-349 3Rd St, Laguna Beach, CA 92651
      View Details
    • $1,150,000

      Land For Sale

      Land available for purchase.
      815 Bluebird Canyon Dr, Laguna Beach, CA 92651
      View Details
    • $1,790,000

      Land For Sale

      Land available for purchase.
      336 Lookout Dr, Laguna Beach, CA 92651
      View Details
    • $11,500,000

      Laguna Beach Specialty Property

      Specialty property available for sale in Laguna Beach, CA.
      222 Arch St, Laguna Beach, CA 92651
      View Details
    • $550,000

      Laguna Beach Specialty Property

      Specialty property available for sale in Laguna Beach.
      30802 Coast K41, Laguna Beach, CA 92651
      View Details

    Similar Nearby for Lease

    • $6,250 /Mo
      600 SF

      Coastal Cottage in Downtown Laguna

      New, furnished 1-bedroom cottage near Heisler Park, completed June 2025.
      358 Cliff Dr, Laguna Beach, CA 92651
      View Details
    • $2,750 /Mo
      466 SF

      Downtown Laguna Beach Office Space

      Office space in the heart of Downtown Laguna Beach.
      352 3Rd St, Laguna Beach, CA 92651
      View Details
    • $4 SF/Yr
      3,176 SF

      Laguna Beach Medical Office Space

      Medical office space for lease in downtown Laguna Beach.
      265 Laguna Ave, Laguna Beach, CA 92651
      View Details
    • $6,100 /Mo

      Prime Commercial Space on Coast Highway

      Versatile retail/office space with high visibility near beaches.
      1850 Coast Hwy S, Laguna Beach, CA 92651
      View Details
    • $10,995 /Mo

      Furnished Oceanfront Condo with Views

      Remodeled, furnished condo with panoramic ocean and coastal views.
      31561 Table Rock Dr, Laguna Beach, CA 92651
      View Details
    • $3,995 /Mo
      672 SF

      Ocean-View Retail/Office Space Available

      Remodeled Laguna Beach retail/office space with ocean views for lease.
      1288 Glenneyre St, Laguna Beach, CA 92651
      View Details
    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.
    265 Laguna Ave
    Laguna Beach, CA 92651
    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

    Google sign-in failed. Please try again or use another login method.