$6,800,000
618 S Coast HighwayLaguna Beach, CA 92651The Village
Sold
336 N Coast Highway sold on August 18, 2021 for $8,200,000. The details are below for reference.
$8,200,000
336 N Coast Highway Laguna Beach, CA 92651
8,789SqFt
$933$/SqFt
1954Built
This property is also on the market under MLS LG26164803 (Residential Lease).
About 336 N Coast Highway
Significant rental upside and current value add by converting property to original city permitted 11 apartments and 3 commercial spaces. The property is zoned Commercial and the City may entertain a permit allowing for weekly short-term rentals. If this is accomplished this may increase the property's income and value substantially. The Gallery is an ideal opportunity for a investor to take advantage of purchasing a rarely-available commercial mixed-use property in the world class resort town of Laguna Beach, California. $300,000 Cap X spent the past 5 years: 80% new roofs, vertical plumbing lines, electrical, waste-lines, wood replacement and interior apartment upgrades. Partial interior renovations of the apartment homes include quartz counters in the kitchen and bathrooms, hardwood flooring and stainless appliance packages. The new owner will have the ability to to take over operations and take advantage of additional rental growth by increasing the income to market levels.
General Features
- MLS Number
- 21756938
- Year Built
- 1954
- Lot Size (sq ft)
- 9,148
- Lot Size (acres)
- 0.21
- Levels
- Multi Split
- Garage Spaces
- 4
- Parking Spaces
- 4
- View
- City Lights, Coastline, Courtyard, Ocean
- Parcel Number
- 49612214
- On Market Date
- 2021-07-05
- Zoning
- C-1
- Listing Terms
- Standard
Interior Features
- Flooring
- Vinyl
- Heating
- Forced Air, Wall Furnace
Exterior Features
- Units
- 10
Community Features
- Community Features
- Gated
- Security
- Gated Community
Property Details for 336 N Coast Highway
This home sits in Laguna Beach in Orange County. It offers 8,789 square feet of living space. The home was built in 1954. The MLS record lists the assessor parcel number as 496-122-14. Highlights include ocean and coastline views, ocean frontage, a gated community, and a four-car garage. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Property History
336 N Coast Highway was relisted on July 5, 2021 at $9,250,000.
About Laguna Beach
Laguna Beach is a coastal Orange County city set along a shoreline of coves and bluffs, with beaches including Main Beach, Heisler Park, and Crystal Cove State Park reached from Pacific Coast Highway. Rooted in an early-1900s artists' colony, it hosts the Festival of Arts and Pageant of the Masters within the Laguna Beach Unified School District.
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Listed by Peter Hauser of Avison Young – Southern CA LTD
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. The 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, the 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.
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