$2,795,000
For Sale
0.06 acres | #OC25074018
Listing OfficeCOASTAL COMMERCIAL
Browse 5 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

This iconic mixed-use property in the heart of South Laguna Beach presents a rare opportunity to own a well-known local landmark. Situated along the highly desirable South Coast Highway, this property is home to a beloved flower shop, a staple in the community, with an established presence and steady foot traffic. Above the retail space is a charming 2-bedroom, 2-bathroom Airbnb
with a den featuring stunning ocean views from its
spacious deck, making it a sought-after short-term rental
destination. There is a fully approved and operational
short-term lodging permit that runs with the property.
Short-term lodging permits are incredibly rare in Laguna
Beach, which creates a high barrier to entry for
competitors. The rental unit has undergone significant
improvements recently, including a fully permitted rooftop
deck with an ocean view. This is an exceptional opportunity
to own a well-located property with a rare short-term
lodging permit in one of California’s most desirable coastal
towns. Whether as an investment property, an opportunity
to run a business, or the potential to utilize the building as
an owner/user, this property presents flexible options to
own a jewel box asset at a reasonable price point in the
world class city of Laguna Beach, CA.

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre
      • Original List Price$2,795,000
      • MLS #OC25074018
      • MLS #OC25074018
      • Property TypePurchase
      • Property SubtypeMixedUse
      • Cost2795000
      • Utility SourcePublic
      • CountyOrange
      • Acres0.06
      • Year Built1948
      • Stories2

Location

Augie MendozaReal Estate Group
OR

Interested in Purchasing 2950 S Coast?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00