Active

1259 S Coast

Laguna Beach CA, 92651

$3,995,000


$1,917.91 per sqft

Active

2,083 sqft

Multi-family

Built in 1935

Listed by Paulo Prietto with Compass 949-375-6778

Welcome to this stunning mixed-use property located at 1259 South Coast Highway in the heart of beautiful Laguna Beach. Comprised of two commercial retail units and two residential apartments, this unique property offers a perfect blend of residential and commercial space, making it a versatile and attractive investment opportunity. This charming property was just completely reborn with updates throughout including new electrical, new plumbing, new roof, new HVAC, new kitchens & baths, new flooring, lighting, EV chargers and more. It's ready for the new owner to step in and enjoy for many years to come without having to worry about any major maintenance.

The first residential unit (#A) is the perfect "pied-de-terre" for anyone looking to plug into the Laguna lifestyle. This single level ground level studio unit is brand new and no expense was spared when updating this unit. Approximately 352 SF
The second residential unit (#B) boasts 2 bedrooms plus an office, 2 baths and comes with a fenced in grass yard. Approximately 1024 SF
The first retail space is approximately 392 square feet has an open floor plan and bathroom.
The second retail space is approximately 315 square feet has a deck and outdoor shower. When you're this close to the ocean, a beach home needs to have an outdoor shower to rinse off after a morning stroll or surf.
This property's prime location on the ocean side of PCH in the "Hip District" and across the street from "The Greeter," offers easy access to the best of Laguna Beach's renowned amenities, including world-class beaches, bespoke art galleries, and delicious dining options. Just a stone's throw from famed Brooks Street Beach, the local surf spot and home of the longest running surf contest, you can spectate or take part in the active beach lifestyle on a moment's notice. Walk across the street to Heidleberg Cafe in the morning for coffee and breakfast. Take a stroll on the sandy shoreline all the way to Main Beach/Downtown. Later dine at Sapphire which is also across the street. You won't need to drive your car...all these amenities are within reach.
With its mixed-use zoning and enviable location, the property provides the flexibility to accommodate a variety of endeavors, adding to its appeal and potential. Occupy one of the residential units making it your vacation home while renting out the other units.

LG24156702

MLS ID

July 30, 2024

Listed

December 5, 2024

Updated

Map

1259 S Coast
Laguna Beach CA, 92651

Interior Features

Total Stories

2


Laundry Description

Stacked


Floor Description

Vinyl, Wood


Fireplace

Yes


Fireplace Description

Living Room


Cooling

Yes


Cooling Description

Ductless


Heating

Yes


Heating Description

Ductless, Fireplace(s)

Exterior/Building Features

Lot Size

0.08 Acres


Lot Features

Rectangular Lot


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

LV - Laguna Village


Days on Market

127


Garage

No


Parking

Assigned, On Site


Parking Total

3


View

No


View Description

None


County

Orange


Water Source

Public


Pool

No


Pool Features

None


Waterfront

Yes

Listing Contact: 949-339-3659 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. 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, 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 7:30 AM UTC

 

Powered byLuxury Presence