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$6,800,000
OC26142522 MLS ⋅ Active Status
An Irreplaceable Coastal Trophy Asset in the Heart of The Village Rarely does an opportunity arise to acquire a true mixed-use trophy property in the heart of The Village, Laguna Beach’s most coveted coastal neighborhood. Combining exceptional income, irreplaceable location, panoramic ocean views, and meaningful future upside in one of the world’s most prestigious beach communities. The property features four residential residences and one prominent two-story street-front commercial building, creating a highly desirable income-producing asset with long-term appreciation potential. Its defining feature is an exceptionally rare rooftop deck spanning more than 1,200 square feet, offering breathtaking views of the Pacific Ocean, Catalina Island, the Laguna coastline, and the vibrant Village below. Even more remarkable, every residential unit enjoys ocean views A beautifully landscaped courtyard centered around a magnificent mature tree creates a peaceful private retreat, while the commercial space enjoys prime South Coast Highway frontage in one of Orange County’s most desirable retail corridors. With an outstanding Walk Score® of 94, residents and guests are just steps from world-class beaches, acclaimed restaurants, art galleries, luxury boutiques, and entertainment. The property also offers an extraordinary 17 off-street parking spaces, an amenity that is exceptionally rare in downtown Laguna Beach. Fully renovated in 2018, the property includes highly coveted short-term rental permits for two residential units, providing valuable income flexibility. Future upside is equally compelling. A completed feasibility study with the City of Laguna Beach confirms the ability to add approximately 500 additional square feet. At today’s pricing, that expansion represents the potential to create over $800,000 in additional value, while contractor estimates place the cost of construction at approximately $100,000, including roof reinforcement and an expanded rooftop deck. Additional rental upside also exists as leases mature and rents move toward market rates. Premier coastal investments are not valued solely by cap rate. They command premium pricing because of what cannot be recreated location, scarcity, and enduring desirability. Properties offering ocean views from every residence, substantial parking, rooftop entertaining space, short-term rental income, and future expansion opportunities are exceptionally scarce in downtown Laguna Beach.

618 S Coast Highway, Laguna Beach
$6,800,000
OC26141223 MLS ⋅ Active Status
An Irreplaceable Coastal Trophy Asset in the Heart of The Village Rarely does an opportunity arise to acquire a true mixed-use trophy property in the heart of The Village, Laguna Beach’s most coveted coastal neighborhood. Combining exceptional income, irreplaceable location, panoramic ocean views, and meaningful future upside in one of the world’s most prestigious beach communities. The property features four residential residences and one prominent two-story street-front commercial building, creating a highly desirable income-producing asset with long-term appreciation potential. Its defining feature is an exceptionally rare rooftop deck spanning more than 1,200 square feet, offering breathtaking views of the Pacific Ocean, Catalina Island, the Laguna coastline, and the vibrant Village below. Even more remarkable, every residential unit enjoys ocean views A beautifully landscaped courtyard centered around a magnificent mature tree creates a peaceful private retreat, while the commercial space enjoys prime South Coast Highway frontage in one of Orange County’s most desirable retail corridors. With an outstanding Walk Score® of 94, residents and guests are just steps from world-class beaches, acclaimed restaurants, art galleries, luxury boutiques, and entertainment. The property also offers an extraordinary 17 off-street parking spaces, an amenity that is exceptionally rare in downtown Laguna Beach. Fully renovated in 2018, the property includes highly coveted short-term rental permits for two residential units, providing valuable income flexibility. Future upside is equally compelling. A completed feasibility study with the City of Laguna Beach confirms the ability to add approximately 500 additional square feet. At today’s pricing, that expansion represents the potential to create over $800,000 in additional value, while contractor estimates place the cost of construction at approximately $100,000, including roof reinforcement and an expanded rooftop deck. Additional rental upside also exists as leases mature and rents move toward market rates. Premier coastal investments are not valued solely by cap rate. They command premium pricing because of what cannot be recreated location, scarcity, and enduring desirability. Properties offering ocean views from every residence, substantial parking, rooftop entertaining space, short-term rental income, and future expansion opportunities are exceptionally scarce in downtown Laguna Beach.

618 S Coast Highway, Laguna Beach
$3,650,000
LG26086358 MLS ⋅ Active Status
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.

689 S Pacific Coast Hwy Unit 4, Laguna Beach
$6,900,000
LG25118563 MLS ⋅ Active Under Contract Status
Located just blocks from the sand, these properties offer excellent street frontage and flexibility for a wide range of uses. The LBP zoning allows for a broad range of commercial and residential activities subject to permits from the City. 240 Thalia and 855 Glenneyre has all the charm and potential you’d expect from one of Southern California’s most iconic coastal towns. The existing setup includes multiple storefronts that have previously housed a plumbing business, a popular health food stand, and a bicycle shop. Each space has its own character, with large street-facing windows, great visibility, and tons of foot traffic from nearby shops, cafes, and art galleries. It’s conveniently located near public parking and local transit, making it easy for customers and clients to visit.

240 Thalia Street, 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.