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$3,995,000
RS26113581 MLS ⋅ Active Status
Rare opportunity to acquire 550 S Coast Highway, a six-unit multi-tenant retail asset located on one of the most iconic stretches of Pacific Coast Highway in Laguna Beach. The 2,625 SF building sits on a 4,400 SF lot in the CBD-V zoning district, surrounded by galleries, restaurants, boutique retail, and the year-round tourism that defines Laguna Beach’s coastal village corridor. The property currently generates $13,540/month in gross rental income across five occupied units, with a sixth unit currently used by Seller for storage and producing no income. Existing rents are significantly below market, creating a clear value-add opportunity through lease renewals, rent adjustments, and conversion of the storage space into income-producing tenancy. Based on market rent assumptions, the property projects to a stabilized Year 2 NOI of $211,527, representing a 5.30% cap rate. Located in one of Southern California’s most affluent and supply-constrained coastal markets, 550 S Coast Highway offers irreplaceable frontage, stable in-place income, and a compelling path to future growth in the heart of Laguna Beach’s renowned arts, retail, and tourism corridor.

550 S Coast, Laguna Beach
$3,500,000
LG26074179 MLS ⋅ Active Status
Located along Forest Avenue in the heart of downtown Laguna Beach, 326 Forest Avenue represents a rare opportunity to acquire one of the community’s most distinctive historic storefront buildings. Originally constructed in 1916 and lovingly stewarded for nearly five decades as the home of Ken’s Jewelry, the property embodies Laguna Beach’s deep tradition of artistry, craftsmanship, and small-scale commerce. Today, the building stands as both a beautifully preserved architectural landmark and a highly flexible retail building with adaptable upper-level space. Positioned along one of the most desirable stretches of Forest Avenue and immediately adjacent to the Peppertree public parking lot, the property offers exceptional visibility and accessibility within Laguna Beach’s premier pedestrian retail corridor. For investors, retailers, and creative owner-users alike, 326 Forest Avenue presents a rare opportunity to own a singular piece of Laguna Beach’s cultural and commercial fabric. PROPERTY HIGHLIGHTS: Historic 1916 storefront building, One of Laguna’s oldest commercial properties, Prime Forest Avenue retail location, Adjacent to Peppertree public parking, Three-level building with flexible upper-level space, Approx. 1,575 SF building, Downtown Specific Plan zoning. The property will be delivered vacant at close of escrow, offering a rare opportunity for a jeweler, gallery, artisan brand, or boutique retailer to establish a long-term presence on Forest Avenue.

326 Forest, Laguna Beach

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.