689 S Pacific Coast Hwy Unit 4, Laguna Beach, CA 92651
- $3,650,000
- List Price
- $3,650,000
- Price Change
- ▼ $100,000 1777068208
- Status
- ACTIVE
- MLS#
- LG26086358
- Year Built
- 1940
- Lot Size
- 2,178
- Acres
- 0.05
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 99
- Property Type
- Commercial
- Property Sub Type
- Mixed Use
Property Description
Located in the heart of Laguna Beach’s Village District, this property offers a unique investment opportunity with multiple income streams. The two commercial leases generate $6,000 per month, totaling $72,000 annually, while the Airbnb rental produced $120,221.33 last year. Just steps from Cleo Beach, the property sits 100 yards from Ralphs and shares an alley with The Deck and Driftwood Kitchen—two of Laguna’s most iconic beachfront restaurants. It’s also a short distance from the Main Beach and downtown. The Airbnb unit is a stylish 2-bedroom, 1-bath retreat that sleeps six. Guests enjoy modern amenities, including: Bedrooms: Both feature king-size beds, 43” TVs, and dressers. A queen air mattress is available upon request. Climate Control: Equipped with a mini-split AC and heating system, a rare luxury in Laguna Beach. Kitchen: A gourmet eat-in space with stainless steel appliances, granite countertops, a 6-burner gas range, and double ovens—perfect for entertaining. Living Area: A spacious sectional sofa, and a 65” Samsung TV make it an ideal place to unwind after a day at the beach. Parking: A covered carport fits one car.
Additional Information
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Water
- Public
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Mohammad Noorzay (mnoorzay@949homesearch.com) from Listing Office: Berkshire Hathaway HomeServices California Properties.
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