354 N Coast
Laguna Beach, CA 92651

  • – beds
  • – baths
  • – sqft
  • 6,098 sqft lot
  • 1966 build
  • on site

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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.

California Regional MLS logo Listed By CRMLS_CA / Michael Johnson / Compass

Last checked: Checking… • Last updated Apr 28, 2024 •

MLS# LG20226129 —

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Sale history

Date Event Source Price % Change
8/12/21
Sold CRMLS_CA $6,000,000 -9.0%
7/12/21
Pending CRMLS_CA $6,595,000
6/21/21
Sold Subject To Contingencies CRMLS_CA $6,595,000

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Multifamily Sold on 8/12/2021

$6,000,000

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Listing provided by broker:

Michael Johnson

Compass

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and Compass. Based on information from California Regional Multiple Listing Service, Inc. as of 20:38 on May 04.

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