31656–31662 South Coast Highway
Laguna Beach, California
IRREPLACEABLE COASTAL MIXED-USE INVESTMENT OPPORTUNITY
Offered at $5,500,000
An exceptional opportunity to own a rare coastal commercial asset along South Coast Highway in South Laguna Beach. The approximately 5,000-square-foot, two-story building features three retail spaces on the ground floor and three office spaces upstairs, offering a highly versatile mix of retail, restaurant, and professional office uses.
The property offers ocean views from every unit, high-visibility frontage along Laguna Beach's main coastal artery, and is just steps from the beach. With approximately 37,000 vehicles traveling South Coast Highway daily, the location provides exceptional exposure to both the affluent local community and Laguna Beach's significant year-round tourism.
INVESTMENT PROFILE
The six-unit property is currently positioned to generate approximately $19,000 per month, or $228,000 annually, based on projected rents of three retail units at approximately $3,600/month each and three upstairs office units at approximately $2,800/month each.
At the $5,500,000 asking price:
- Gross Annual Income: $228,000
- Gross Cap Rate: approximately 4.15%
- Estimated Net Cap Rate: approximately 3.94%
The diversified unit configuration provides an investor with multiple income streams while also creating flexibility for an owner-user to occupy one or more suites and offset ownership costs with rental income.
IDEAL FOR
1031 Exchange Buyers seeking a scarce Southern California coastal replacement property.
Family Offices & High-Net-Worth Investors looking for a long-term wealth-preservation and legacy asset in an irreplaceable location.
Owner-Users seeking a highly visible Laguna Beach location while generating rental income from the remaining units.
Luxury Retail & Lifestyle Brands looking for an experiential destination with exceptional visibility and ocean views.
Restaurant & Hospitality Operators seeking a prominent South Coast Highway location.
Medical, Wellness & Professional Office Users looking for an upscale coastal environment.
Local Laguna Beach & Orange County Investors seeking a rare opportunity to own commercial real estate in one of Southern California's most supply-constrained coastal markets.
Developers & Value-Add Investors who recognize the long-term potential and scarcity of South Coast Highway commercial property.
International Buyers seeking a tangible Southern California coastal investment and legacy asset.
WHY THIS PROPERTY
• Approximately 5,000 SF building
• Approximately 3,458 SF lot
• Six units — 3 retail + 3 office
• Flexible Owner/User or Investment opportunity
• Retail, restaurant and office uses
• Ocean views from every unit
• High-visibility South Coast Highway frontage
• Approximately 37,000 vehicles per day on South Coast Highway
• Steps from the Pacific Ocean
• South Laguna Village (SLV) zoning
• Significant barriers to entry for new coastal commercial development
• Strong tourism and affluent local demographics
• Diversified income potential
• Short-term lease structure provides future flexibility
A TRUE LAGUNA BEACH LEGACY ASSET
This is more than an income-producing commercial property. It is an opportunity to acquire a rare piece of Laguna Beach coastal real estate where location, scarcity, visibility, ocean views and long-term ownership potential converge.
Properties offering this combination of income, flexibility, ocean views and South Coast Highway exposure are exceptionally difficult to replicate.
31656–31662 South Coast Highway represents an opportunity to own a piece of one of California's most iconic coastal communities.