Listing photo for 336 N Coast Highway, Laguna Beach, CA
Listing photo for 336 N Coast Highway, Laguna Beach, CA
Listing photo for 336 N Coast Highway, Laguna Beach, CA
Listing photo for 336 N Coast Highway, Laguna Beach, CA
Listing photo for 336 N Coast Highway, Laguna Beach, CA
Listing photo for 336 N Coast Highway, Laguna Beach, CA
Listing photo for 336 N Coast Highway, Laguna Beach, CA
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336 N Coast Highway,

Laguna Beach, CA $9,750,000

$9,750,000

0.21 Acre

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. Partial interior renovations of the apartment homes include quartz counters in the kitchen and bathrooms, updated cabinets, 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.

Facts & Features
MLS® # 20614698
Price $9,750,000
Bathrooms 0.00
Acres 0.21
Year Built 1954
Type Residential Income
Status Active
Community Information
Address 336 N Coast Highway
Area North Laguna (NL)
City Laguna Beach
County Orange
State CA
Zip Code 92651
Amenities
Is Waterfront Yes
Waterfront Ocean Front
Has Pool No
Interior
Heating Wall Heater, Forced Air
Fireplace No
# of Stories 2
Stories Split Level
Additional Information
Date Listed August 6th, 2020
Days on Market 74
Zoning C-1
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Details
Agent Peter Hauser(00856966)
Office Avison Young – Southern CA LTD
Photo of Jacqueline Thompson

Jacqueline Thompson

Office: (949) 326-3392
Cell: (949) 326-3392

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.