Water Views - Seller Financing
Address
2880 S Coast Hwy Laguna Beach, CA
Price
$ 3,195,000
Property Attributes
  • MLS#OC20060773
  • TypeCommercial
  • CountyORANGE
  • CityLaguna Beach
  • AreaSouth Laguna
  • Zip92651
  • StyleOffice
  • Price$ 3,195,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5,227 SqFt
Listing Provided Courtesy Of:
Bob Wolff with Harcourts Prime Properties.
Data Source:
CRMLS
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.

Price History
3/21/2020 Listed $3,500,000
5/6/2020 9% - $3,195,000

General Features

Business Type Professional/Office, Professional Service
Carport Spaces 9
Carport Y/N Yes
Construction Materials Wood Siding
Cooling Central Air, Electric, Gas
Electric Electricity - On Property, Standard
Heating Central
Listing Agent Bob Wolff - BRE#01053562
Listing Agent State License 01053562
MLS Area SL - South Laguna
Property Sub Type Additional Office
Property SubType Office
Property Type Commercial Sale
Roof Asbestos Shingle
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Special Listing Conditions Standard
Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Lease Back, Owner May Carry
Topography Level
Total Units 3
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront Features Ocean Side Of Freeway
Zoning commercial

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features None

Exterior Features

Lot Features 2-5 Units/Acre, Corner Lot, Level, Near Public Transit, Paved, Rectangular Lot, Street Level, Zero Lot Line, Flat
Lot Size Acres 0.12
Lot Size Area 5227
Lot Size Source Assessor
Lot Size Square Feet 5227
Lot Size Units Square Feet
Number of Buildings 1
Total Parking 9
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92651

Price
AVG $1.98M
$3.2M
Visits
AVG 57
19
Year Built
AVG 1978
1980
Walkscore
AVG 66
67
Data Provided by Walkscore ® not using MLS data

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