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354 N Coast, Laguna Beach, CA 92651

Commercial property · 2 recorded sales since 2021

354 N Coast, Laguna Beach, CA 92651 Sold August 2021 CRMLS
$6,000,000Sold August 2021

Listing Agent: Michael Johnson (DRE #01429647) · Listing Office: Compass · Contact: 949-339-3659 · Bought with: Michael Johnson · Compass · MLS #LG20227069 · Source: CRMLS

5,335
Building Sq Ft
7
Units
6,098 sqft
Lot Size
1966
Year Built
Commercial property
Type

About this commercial property

A rare available trophy income property located in spectacular Laguna Beach! Situated on storied Gallery Row - a prime, high foot-traffic area in North Laguna, 354 North Coast Hwy is a mixed-use investment property you will not want to miss. The current owners have made extensive structural and cosmetic renovations to the building exterior and interiors. Beautifully maintained and well-kept, this mixed retail and residential has three occupied commercial units fronting the high foot-traffic zone of North Coast Highway, with four residential ocean-view units. The commercial units are currently occupied by two veteran art galleries and a long-established jewelry store. - modern, tasteful, and clean. Apartments A and B are one bedroom, one bathroom units with ocean views. Apartments C and D are currently combined for use as a two bedroom owner’s unit, but can easily be split back to two additional one bedroom units. Highly-rated and stable tenants in all occupied units. Located blocks to North Laguna Beaches (Heisler, Shaws Cove, Crescent Bay, Boat’s Canyon) and in close proximity to popular restaurants, museums and downtown filled with local art shops and renowned restaurants, this location is prime. The property is on the Laguna Beach Trolley route, which transports Laguna's millions of annual tourists throughout the town. Don’t miss out on this rare investment opportunity.

Listing description from the August 2021 sale, as reported to CRMLS.

Sale history

$6,000,000
Sold August 2021 · listed $6,595,000, on market October 2020 · MLS #LG20227069 · Source: CRMLS
Listing Agent: Michael Johnson · Listing Office: Compass · Contact: 949-339-3659 · Bought with: Michael Johnson · Compass
$6,000,000
Sold August 2021 · listed $6,595,000, on market October 2020 · MLS #LG20226129 · Source: CRMLS
Listing Agent: Michael Johnson · Listing Office: Compass · Contact: 949-339-3659 · Bought with: Michael Johnson · Compass
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