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Property profile & analytics
OFF-MARKET Estimated value $1,020,000
Commercial real estate

298 Broadway St Laguna Beach, CA 92651-1807

4,217 SF 0.13 ac lot Built 1941
Individually Owned Absentee Owner ~ Est. High Equity
Property ID
US10-3123340
Property summary
AI-generated overview

This exceptional 5,495 square foot freestanding retail storefront at 298 Broadway Street in Laguna Beach, California presents a unique investment opportunity. Built in 1941 and boasting pristine condition inside and out, this property offers 4,217 square feet of net rentable space. The building features upgraded electrical systems, HVAC, bathrooms, and a kitchen, ensuring modern functionality. High ceilings add to the spacious feel, creating an inviting atmosphere for any business. Its prime downtown Laguna Beach location offers unparalleled accessibility, placing it within walking distance of Main Beach, Ocean Avenue, Forest Avenue, and the Pacific Coast Highway (PCH). The property's APN is 496-012-19. This is an exceptional opportunity to acquire a well-maintained, high-visibility retail space in one of Southern California's most desirable coastal communities. The asking price is $3,995,000. This property is zoned for retail use and offers significant potential for a variety of businesses. Its location and condition make it an ideal investment for discerning buyers seeking a turn-key operation in a thriving market. The property's strong location and modern amenities make it an attractive proposition for a wide range of retail businesses. Don't miss this chance to own a piece of Laguna Beach's vibrant commercial landscape.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1941
Total area 4,217 SF
Lot 0.13 ac (5,495 SF)
APN 496-012-19
UPID US10-3123340
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.10M
Comparable Approach Comparable
$1.43M
Blend (final) Blend
$1.02M
Owner & transaction history
Regents Of University Of California
Regents Of University Of California
since 2025
7 recorded transactions
2025
Price N/A
2006
Price N/A
2001
Price N/A
2000
$1.2M
1992
$340,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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