550 Coast Hwy Laguna Beach, CA 92651-2449
- Retail space
- 2,625 SF
- 0.10 lot acres
Current Use by Public Records
- Thomas Studios / Art Gallery / Artist
- I love Laguna Tours & Events / Art Gallery / Yoga Instructor
- Hugo Rivera Gallery / Art Gallery
- Shaun Thomas / Artist / Art Studio
- The Hat Box / Hat Shop
Property Details for 550 Coast Hwy
- Year built
- 1972
- Lot size
- 0.10 lot acres
- Property size
- 2,625 SF
- Property type
- Retail space
- APN
- 644-015-10
- APU
- 64401510
Description
This exceptional 750-square-foot office space in Laguna Beach, California, offers a unique blend of luxury and convenience. Located at 550 S Coast Hwy, 92651, this single-tenant property boasts stunning ocean views from its private 100-square-foot patio. The interior comprises two distinct rooms, each featuring a desk and lounge area, totaling 600 square feet. The space is fully furnished with designer furniture, artwork, and unique lighting, creating an elegant and inspiring work environment. This second-story office is ideally situated in downtown Laguna Beach, next to a vibrant array of restaurants, bars, and shops. The property includes all utilities (electricity, water, internet), air conditioning, a security alarm system, a private bathroom, and one designated parking space. A month-to-month lease is available, with a minimum two-month commitment. The space is perfect for an individual professional or a small business seeking a sophisticated and well-appointed office. This is a rare opportunity to secure a turnkey, high-end office space in a prime Laguna Beach location. No elevators are available in the building.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $305,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $445,000
- 6.5%
- $400,000
- 7%
- $465,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $380,000
- Geo Method
- $450,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $470,000
- Retail
- $430,000
- Mixed-Use
- $520,000
- Hospitality
- $400,000
- Educational
- $445,000
- Residential Income
- $410,000
- Energy
- $530,000
- Income-Based Land
- $410,000
- Food Service
- $490,000
Location Insight
- Map
- Local Demand
- City
- Laguna Beach
- County
- Orange
- State
- California
- Longitude
- -117.782
- Latitude
- 33.5404
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA