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$3,995,000
10 Days On Site

550 S Coast
Laguna Beach, CA 92651

For Sale|Retail|Active
0
Beds
0
Total Baths
2,625
SqFt
$1,522
/SqFt
County:
Orange
Listed by Andrew McAllister of eXp Realty of Greater L.A [email protected]
Call Now: 949-280-0681
Is this the listing for you? We can help make it yours.
949-280-0681
550 S Coast550 S Coast550 S Coast550 S Coast
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Rare opportunity to acquire 550 S Coast Highway, a six-unit multi-tenant retail asset located on one of the most iconic stretches of Pacific Coast Highway in Laguna Beach. The 2,625 SF building sits on a 4,400 SF lot in the CBD-V zoning district, surrounded by galleries, restaurants, boutique retail, and the year-round tourism that defines Laguna Beach’s coastal village corridor. The property currently generates $13,540/month in gross rental income across five occupied units, with a sixth unit currently used by Seller for storage and producing no income. Existing rents are significantly below market, creating a clear value-add opportunity through lease renewals, rent adjustments, and conversion of the storage space into income-producing tenancy. Based on market rent assumptions, the property projects to a stabilized Year 2 NOI of $211,527, representing a 5.30% cap rate. Located in one of Southern California’s most affluent and supply-constrained coastal markets, 550 S Coast Highway offers irreplaceable frontage, stable in-place income, and a compelling path to future growth in the heart of Laguna Beach’s renowned arts, retail, and tourism corridor.

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Listing Snapshot
Price 
$3,995,000
Days On Site 
10 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,625 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1 Acres
Year Built 
N/A
MLS® Number 
RS26113581
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing first seen on site
a week agoListing updated with changes from the MLS®
General Features
Acres 
0.1
Additional Property Use 
Commercial
Land Lease 
No
Number Of Stories 
2
Property Sub Type 
Retail
Special Circumstances 
Standard
SqFt Total 
2625
Water Source 
Public
Zoning 
CBD-V
Interior Features
Laundry Features 
None
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Exterior Features
Lot Features 
LevelNear Public TransitPavedRectangular Lot
Community Features
Financing Terms Available 
CashConventional
MLS Area 
LV - Laguna Village
Properties

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.

Neighborhood & Commute
Source: Walkscore
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ABOUT ME

Sharon Paxson is a full-time REALTOR® with Coldwell Banker and has been specializing in residential real estate throughout the Newport Beach area since 2005 assisting Buyer’s, Seller’s, Landlords, and Tenants with their real estate needs.

If you are thinking about buying, selling or renting your home, condo or other Real Estate in the following areas including Newport Beach, Newport Coast, Corona del Mar, Huntington Beach there are thousands of Realtors to choose from. However, it doesn't cost you any more to work with a top Newport Beach CA Realtor. We welcome the opportunity to show you how we get outstanding real estate results with specific and targeted marketing. If you are looking for a top real estate agent who will make a difference you have come to the right place. Use this real estate website to learn about communities and homes for sale.

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    Newport Beach CA 92660
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DISCLAIMER

DISCLAIMER: All information, photographs & content contained on this site is the property of Sharon Paxson. You must obtain written permission from Sharon Paxson if you would like to use any of this content contained herein. Opinions expressed are those of Sharon Paxson and may not necessarily be opinions of past and present brokers. Articles may be time and date sensitive. All statistical information utilized to create market reports has been obtained from the CRMLS. Information Deemed Reliable but not Guaranteed.

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