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33425071
33425072

2600 S Coast Highway, Laguna Beach, CA 92651

MB
CA 01316702
Matthews
Listed by Matthews
$2,600,000
5 days on market
Updated 4 days ago

2600 PCH Laguna Beach

Details
APN 65610301
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,709
Net Rentable (SqFt) 1,709
Units 4
Beds 3
NOI $44,438
Occupancy 100%
Pro-Forma Cap Rate 4.00%
Pro-Forma NOI $102,347
Price per SqFt $1,521
Class A
Year Built 1953
Buildings 1
Stories 2
Acreage 0.070
Zoning Assessor
Parking Spaces 4 spaces
Parking Per SqFt 2.34
Investment Type Value Add

3+1 Units | PCH Laguna Beach | Rare Laguna Beach Deal Under $3mil

Marketing description

We are pleased to present 2600 S Coast Highway, a rare coastal investment opportunity located on the north side of South Coast Highway in the heart of Laguna Beach. Positioned just steps from Victoria Beachone of Lagunas most iconic and picturesque covesthe property sits approximately 300 feet from the Pacific Ocean in one of Southern Californias premier coastal housing markets. Built in 1953, the property consists of three (3) one-bedroom/one-bath units and one (1) non- conforming studio unit situated on a 2,853 square foot lot. Select units and patios feature ocean views, further enhancing tenant appeal and long-term value. The property also includes four (4) single-car garages, providing valuable off-street parking in a high-demand beach community. Current rents are below market, presenting investors with a compelling value-add opportunity through strategic interior renovations and rental repositioning. 2600 S Coast Highway benefits from its exceptional Class A location within walking distance to Victoria Beach, known for its scenic coves, tide pools, sea caves, and volleyball courts. The property is ideally located near Surf & Sand Resort, Montage Laguna Beach, Main Beach, and Dana Point Harbor. With over seven miles of protected coastline, Laguna Beach offers a pristine natural setting combined with boutique retail, dining, and strong local employment driverssupporting consistent rental demand and long-term appreciation.

Investment highlights

  • Steps from Victoria Beach and Mermaid Beach in South Laguna Beach.
  • Approximately 300 feet from the Pacific Ocean with adjacent open-space garden area.
  • Select units feature private patios and sundecks with ocean views.
  • Three (3) 1-bed/1-bath units and one (1) non-conforming studio unit with community BBQ and lounge areas.
  • Situated on a ±2,853 SF lot with four (4) single-car garages.
  • Below-market rents provide repositioning upside in a walkable South Coast Highway location near beaches, resorts, retail, and dining.
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Listing Contacts

MB
CA 01316702
Matthews
Listed by Matthews

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$44,438.00
$3,703.17/mo

Valuation Metrics

0
DSCR
1.71%
Cap Rate
1.71%
ROI

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Additional Information

Name
David Harrington
License
01320460, 02168060 (CA)
Title
Broker of Record
Name
Mark Bridge
License
01316702
Brokerage
Matthews REIS
Title
Executive Vice President
Brokerage Address
3161 Michelson Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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