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    2880 S Coast Hwy

    Laguna Beach, CA 92651
    • $3,195,000
    • STATUS: Active
    • ON SITE: 188 days
    • ID#: OC20060773
    UPDATED: 144 min ago
    $3,195,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,658
      SQFT
    • $873
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1980
    County:

    School Ratings & Info

    Description

    Truly an incredible opportunity to own a 3-unit, freestanding "Ocean View" commercial office building in the City limits of Laguna Beach. This 1980 constructed commercial building provides 9 covered parking stalls as well as street parking. Outstanding outside deck/community areas and tremendous views from many vantage points. Currently occupied by three tenants providing Architectural and Structural Engineering Services and Healthcare Supplements. Existing rents are currently "under market rates" as the two owners are majority occupants and tenants of this building. This has outstanding proximity to both cities of Laguna Beach and Dana Point, a fantastic location and frontage on Pacific Coast Highway. Visual exposure of this office building is outstanding. Easy access to the I-5 freeway and John Wayne Airport. This commercial office building has been extremely well cared for by its owners. Contiguous high profile restaurant next door provides additional income by leasing parking during after normal business hours with its own valet parking staff. This is a great opportunity for either an owner occupant or investor. It is also possible that only 50% of this building could be purchased.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-25T00:27:44.383. 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 Camargo & Wilson Realty Team | Realty ONE Group Southwest. Licensed in the State of California, USA.

    www.tophomefinders.com/homes/104360331
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    2880 S Coast Hwy Laguna Beach, CA 92651

    • Price: $3,195,000
    • Status: Active
    • Updated: 144 min ago
    • ID#: OC20060773
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    3,658
    SQFT
    $873
    $/SQFT
    1980
    Built
    Neighborhood:
    SL - South Laguna
    County:
    Orange
    Area:
    SL - South Laguna
    Property Description
    Truly an incredible opportunity to own a 3-unit, freestanding "Ocean View" commercial office building in the City limits of Laguna Beach. This 1980 constructed commercial building provides 9 covered parking stalls as well as street parking. Outstanding outside deck/community areas and tremendous views from many vantage points. Currently occupied by three tenants providing Architectural and Structural Engineering Services and Healthcare Supplements. Existing rents are currently "under market rates" as the two owners are majority occupants and tenants of this building. This has outstanding proximity to both cities of Laguna Beach and Dana Point, a fantastic location and frontage on Pacific Coast Highway. Visual exposure of this office building is outstanding. Easy access to the I-5 freeway and John Wayne Airport. This commercial office building has been extremely well cared for by its owners. Contiguous high profile restaurant next door provides additional income by leasing parking during after normal business hours with its own valet parking staff. This is a great opportunity for either an owner occupant or investor. It is also possible that only 50% of this building could be purchased.
    Exterior Features

    Carport Spaces 9.00 Construction Materials Wood Siding Entry Level 2 Lot Features 2-5 Units/AcreCorner LotLevel With StreetRectangular LotLevelNear Public TransitPavedZero Lot Line Lot Size Source Assessor Lot Size Units Square Feet Parking Total 9.00 Roof Asbestos Shingle Topography Flat Waterfront Features Ocean Side Of Freeway

    Interior Features

    Condo Area Units Square Feet Cooling Central AirElectricGas Cooling YN Yes Heating Central Heating YN Yes Laundry Features None Office Square Footage 3658

    Property Features

    Additional Parcels YN No Anchors Co Tenants 2 Asset Class Office Building Area Units Square Feet Building Status Existing Business Type Professional ServiceProfessional/Office Country Us Current Financing Conventional Current Use Comments Architectural/Engineering Electric Electricity - On PropertyStandard Investment Property YN Yes Land Lease YN No Land Use Office Laundry YN No Leasable Area Units Square Feet Lease Considered YN Yes Max Total Area Units Square Feet Min Total Area Units Square Feet Number Of Units Leased 3 Occupancy Occupied Property Sub Type Office Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Special Listing Conditions Standard Total Monthly Rent 12700 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Source Public Year Built Source Assessor Zoning Commercial

    Listing provided courtesy of Bob Wolff of Harcourts Prime Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-25T00:27:44.383. 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 Camargo & Wilson Realty Team | Realty ONE Group Southwest. Licensed in the State of California, USA.

     
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    Camargo & Wilson Realty Team | Realty ONE Group Southwest
    41463 Margarita Road, Suite 100
    Temecula CA, 92591