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    858 S Coast Highway

    Laguna Beach, CA 92651
    • $7,500,000
    • STATUS: Active
    • ON SITE: 367 days
    • ID#: OC19274338
    UPDATED: 25 min ago
    $7,500,000
    • 0
      BEDS
    • 0.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,047
      SQFT
    • $1,240
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2004
    County:

    School Ratings & Info

    Description

    +G- Landmark Laguna Beach Restaurant +GG Recently rebuilt Trophy Restaurant with ocean views, high visibility, open seating for 131 people and full liquor license currently in place.+G- Historic Cottages +GG Two historic cottages with potential mills act tax protection.+G- Rare On-Site Parking +GG The property features 17 onsite spaces in the restaurant parking area and another 6 striped spaces in the residential portion of the property.+G- Prime Hip District Location +GG Located just four blocks from Main Beach Laguna and within walking distance of numerous art galleries, restaurants, boutiques and other retail amenities.+G- High Barriers to Entry +GG Minimal vacancy in an established coastal community with limited future competition from new or redeveloped properties due to a scarcity of available land.+G- Affluent Demographics & Tourist Destination +GG This landmark property is a destination location for both residents and tourists in this coastal community.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-04T11:27:31.037. 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 deemed reliable but is not guaranteed accurate by the MLS or The Results Group | Berkshire Hathaway HomeServices California Realty. Licensed in the State of California, USA.

    www.redlandsland.com/homes/101392353
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    858 S Coast Highway Laguna Beach, CA 92651

    • Price: $7,500,000
    • Status: Active
    • Updated: 25 min ago
    • ID#: OC19274338
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.4
    Acres
    6,047
    SQFT
    $1,240
    $/SQFT
    2004
    Built
    Neighborhood:
    LV - Laguna Village
    County:
    Orange
    Area:
    LV - Laguna Village
    Property Description
    +G- Landmark Laguna Beach Restaurant +GG Recently rebuilt Trophy Restaurant with ocean views, high visibility, open seating for 131 people and full liquor license currently in place.+G- Historic Cottages +GG Two historic cottages with potential mills act tax protection.+G- Rare On-Site Parking +GG The property features 17 onsite spaces in the restaurant parking area and another 6 striped spaces in the residential portion of the property.+G- Prime Hip District Location +GG Located just four blocks from Main Beach Laguna and within walking distance of numerous art galleries, restaurants, boutiques and other retail amenities.+G- High Barriers to Entry +GG Minimal vacancy in an established coastal community with limited future competition from new or redeveloped properties due to a scarcity of available land.+G- Affluent Demographics & Tourist Destination +GG This landmark property is a destination location for both residents and tourists in this coastal community.
    Exterior Features

    Lot Features Lot 10000-19999 SqftIrregular Lot Lot Size Source Appraiser Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Additional Parcels Description 644-061-11644-061-02644-061-03 Additional Parcels YN Yes Asset Class RetailSpecialty Building Area Units Square Feet Building Status Existing Business Type MixedRestaurantRetail Country Us Current Financing None Investment Property YN Yes Land Use Multi-FamilyOfficeRetail Laundry YN No Leasable Area Units Square Feet Lease Considered YN Yes Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Mixed Use Residential Square Footage 1245 Retail Center Type Community/Specialty Retail Square Footage 4802 Special Listing Conditions Standard Total Monthly Rent 23769 Water Source Public Year Built Source Appraiser

    Listing provided courtesy of Kevin Bayless of Bayless Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-04T11:27:31.037. 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 deemed reliable but is not guaranteed accurate by the MLS or The Results Group | Berkshire Hathaway HomeServices California Realty. Licensed in the State of California, USA.

     
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    The Results Group | Berkshire Hathaway HomeServices California Realty
    501 Stuart Street, Suite 101
    Redlands CA, 92373