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29000810
29000811

687 S Coast Hwy, Laguna Beach, CA 92651

MN
CA CA 02016268
Berkshire Hathaway HomeServices
Listed by Berkshire Hathaway HomeServices
$3,650,000
187 days on market
Updated 66 days ago

Mixed Used

Details
APN 644-021-06
Property Type Retail
Sub Type Mix Use
Square Footage 2,251
Net Rentable (SqFt) 2,242
Units 3
Occupancy 50%
Tenancy Multi
Lease Type Gross
Price per SqFt $1,622
Broker Co-Op Yes
Class B
Year Built 1940
Year Renovated 2020
Buildings 1
Stories 2
Investment Type Owner/User

Coastal Market Investment Property

Marketing description

Located in the heart of Laguna Beach’s Village District, this property offers

a unique investment opportunity with multiple income streams. The two

commercial leases generate $6,000 per month, totaling $72,000 annually,

while the Airbnb rental produced $120,221.33 last year.

Just steps from Cleo Beach, the property sits 100 yards from Ralphs and

shares an alley with The Deck and Driftwood Kitchen—two of Laguna’s

most iconic beachfront restaurants. It’s also a short distance from the Main

Beach and downtown.

The Airbnb unit is a stylish 2-bedroom, 1-bath retreat that sleeps six. Guests

enjoy modern amenities, including:

Bedrooms: Both feature king-size beds, 43” TVs, and dressers. A queen air

mattress is available upon request.

Climate Control: Equipped with a mini-split AC and heating system, a rare

luxury in Laguna Beach.

Kitchen: A gourmet eat-in space with stainless steel appliances, granite

countertops, a 6-burner gas range, and double ovens—perfect for

entertaining.

Living Area: A spacious sectional sofa, and a 65” Samsung TV make it an

ideal place to unwind after a day at the beach.

Parking: A covered carport fits one car.

Investment highlights

  1. Prime Laguna Beach Village District location with multiple income streams

  2. Commercial income: Two leases generating $6,000/month ($72,000 annually)

  3. Short-term rental income: Airbnb produced $120,221.33 last year

  4. Unmatched walkability: Steps from Cleo Beach, ~100 yards to Ralphs, and adjacent to The Deck and Driftwood Kitchen

  5. Close to Main Beach & downtown Laguna Beach attractions

  6. Airbnb unit: Stylish 2-bedroom, 1-bath retreat sleeping up to six

  7. Upscale features: King beds, 43” TVs, 65” Samsung TV, mini-split AC & heat

  8. Gourmet kitchen: Stainless steel appliances, granite countertops, 6-burner gas range, double ovens

  9. Parking: Covered carport for one vehicle

Listing Contacts

MN
CA CA 02016268
Berkshire Hathaway HomeServices
Listed by Berkshire Hathaway HomeServices

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Zoning

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C1 CommercialRetail CommercialLocal Business
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Last updated Jan 23, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Mohammad Noorzay
License
CA 02016268
Brokerage
Berkshire Hathaway HS Commercial
Brokerage Phone
9496320407
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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