Laguna Beach, CA 92651,2880 S Coast Hwy
Laguna Beach, CA 92651,2880 S Coast Hwy
Laguna Beach, CA 92651,2880 S Coast Hwy
17
$3,000,000
$3,195,000
6.1%
Est.Price: ?

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3,658 SqFt

2880 S Coast Hwy Laguna Beach, CA 92651

Est. payment /mo
SOLD DATE : 09/21/2022

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Key Details

Sold Price $3,000,000

Property Type CommercialSale

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 3,658 sqft

Price per Sqft $820

MLS Listing ID OC20060773

Year Built 1980

Lot Size 5,227 Sqft

Property Description

Truly an incredible opportunity to own a 3-unit, freestanding "Ocean View" commercial office building in the City limits of Laguna Beach. This 1980 constructed commercial building provides 9 covered parking stalls as well as street parking. Outstanding outside deck/community areas and tremendous views from many vantage points. Currently occupied by three tenants providing Architectural and Structural Engineering Services and Healthcare Supplements. Existing rents are currently "under market rates" as the two owners are majority occupants and tenants of this building. This has outstanding proximity to both cities of Laguna Beach and Dana Point, a fantastic location and frontage on Pacific Coast Highway. Visual exposure of this office building is outstanding. Easy access to the I-5 freeway and John Wayne Airport. This commercial office building has been extremely well cared for by its owners. Contiguous high profile restaurant next door provides additional income by leasing parking during after normal business hours with its own valet parking staff. This is a great opportunity for either an owner occupant or investor. It is also possible that only 50% of this building could be purchased.

Location

State CA

County Orange

Area Sl - South Laguna

Zoning commercial

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Heating Central

Cooling CentralAir, Electric, Gas

Laundry None

Exterior

Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected

Waterfront Description OceanSideOfFreeway

Roof Type AsbestosShingle

Building

Lot Description Item25UnitsAcre, CornerLot, Level, NearPublicTransit, Paved, RectangularLot, StreetLevel, ZeroLotLine, Flat

Story 2

Water Public

Others

Acceptable Financing Cash, CashtoNewLoan, Conventional, Item1031Exchange, LeaseBack, OwnerMayCarry

Listing Terms Cash, CashtoNewLoan, Conventional, Item1031Exchange, LeaseBack, OwnerMayCarry

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Bob Wolff • Harcourts Prime Properties
Bought with Ron Wright • Berkshire Hathaway HomeService

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STACY BRAGLIA

REALTOR® | License ID: 01303104

+1(951) 295-5477

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