Rare Fully Leased Ocean view mixed use commercial building in highly desirable South Laguna Beach. This Ocean view property is comprised three units. One commercial unit and two residential units. Along the Coast Highway there is a very popular local restaurant with 18 seats on the patio for al fresco dining and 38 seats inside. The restaurant has two large clean kitchen areas, a storage room, a cold storage room, and a rest room. Along Virginia Way there is an incredible two bedroom apartment that enjoys stunning Ocean views from both levels. Two massive Ocean view decks allow for panoramic Ocean views from the living room with it's rock fireplace, the kitchen, and the master bedroom. The Ocean view living room and deck are on the upper level along with the galley kitchen, dining area, and one bedroom en suite with a full bath. The lower level contains the Ocean view master bedroom and a full bath, the voluminous Ocean view deck, a den with a wet bar, a laundry room, and the one car garage. The second residential unit is a studio with a granite kitchen counter top, a full size refrigerator, stove, and oven, and a 3/4 bath. It has a peek a boo ocean view. There are three residential parking spots. One garage space and two uncovered off street spots. This property includes an owned solar system.
Off market
Zestimate®
$2,566,800
31732 Coast Hwy, Laguna Beach, CA 92651
2beds
4baths
2,725sqft
MultiFamily
Built in 1939
-- sqft lot
$2,566,800 Zestimate®
$942/sqft
$6,809 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
Heating
- None, Other
Features
- Flooring: Other
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,725 sqft
Property
Parking
- Total spaces: 3
Features
- Exterior features: Other
- Has view: Yes
- View description: Water, City
- Has water view: Yes
- Water view: Water
Lot
- Size: 3,920 sqft
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1939
Community & neighborhood
Location
- Region: Laguna Beach
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Estimated market value
$2,566,800