1259 South Coast Highway
$3,995,000
2
5
2,083
2,083
$1,918
Listed By Compass
Description
Welcome to this stunning mixed-use property located at 1259 South Coast Highway in the heart of beautiful Laguna Beach. Comprised of two commercial retail units and two residential apartments, this unique property offers a perfect blend of residential and commercial space, making it a versatile and attractive investment opportunity. This charming property was just completely reborn with updates throughout including new electrical, new plumbing, new roof, new HVAC, new kitchens & baths, new flooring,...Welcome to this stunning mixed-use property located at 1259 South Coast Highway in the heart of beautiful Laguna Beach. Comprised of two commercial retail units and two residential apartments, this unique property offers a perfect blend of residential and commercial space, making it a versatile and attractive investment opportunity. This charming property was just completely reborn with updates throughout including new electrical, new plumbing, new roof, new HVAC, new kitchens & baths, new flooring, lighting, EV chargers and more. It's ready for the new owner to step in and enjoy for many years to come without having to worry about any major maintenance.
The first residential unit (#A) is the perfect "pied-de-terre" for anyone looking to plug into the Laguna lifestyle. This single level ground level studio unit is brand new and no expense was spared when updating this unit. Approximately 352 SF
The second residential unit (#B) boasts 2 bedrooms plus an office, 2 baths and comes with a fenced in grass yard. Approximately 1024 SF
The first retail space is approximately 392 square feet has an open floor plan and bathroom.
The second retail space is approximately 315 square feet has a deck and outdoor shower. When you're this close to the ocean, a beach home needs to have an outdoor shower to rinse off after a morning stroll or surf.
This property's prime location on the ocean side of PCH in the "Hip District" and across the street from "The Greeter," offers easy access to the best of Laguna Beach's renowned amenities, including world-class beaches, bespoke art galleries, and delicious dining options. Just a stone's throw from famed Brooks Street Beach, the local surf spot and home of the longest running surf contest, you can spectate or take part in the active beach lifestyle on a moment's notice. Walk across the street to Heidleberg Cafe in the morning for coffee and breakfast. Take a stroll on the sandy shoreline all the way to Main Beach/Downtown. Later dine at Sapphire which is also across the street. You won't need to drive your car...all these amenities are within reach.
With its mixed-use zoning and enviable location, the property provides the flexibility to accommodate a variety of endeavors, adding to its appeal and potential. Occupy one of the residential units making it your vacation home while renting out the other units.
The first residential unit (#A) is the perfect "pied-de-terre" for anyone looking to plug into the Laguna lifestyle. This single level ground level studio unit is brand new and no expense was spared when updating this unit. Approximately 352 SF
The second residential unit (#B) boasts 2 bedrooms plus an office, 2 baths and comes with a fenced in grass yard. Approximately 1024 SF
The first retail space is approximately 392 square feet has an open floor plan and bathroom.
The second retail space is approximately 315 square feet has a deck and outdoor shower. When you're this close to the ocean, a beach home needs to have an outdoor shower to rinse off after a morning stroll or surf.
This property's prime location on the ocean side of PCH in the "Hip District" and across the street from "The Greeter," offers easy access to the best of Laguna Beach's renowned amenities, including world-class beaches, bespoke art galleries, and delicious dining options. Just a stone's throw from famed Brooks Street Beach, the local surf spot and home of the longest running surf contest, you can spectate or take part in the active beach lifestyle on a moment's notice. Walk across the street to Heidleberg Cafe in the morning for coffee and breakfast. Take a stroll on the sandy shoreline all the way to Main Beach/Downtown. Later dine at Sapphire which is also across the street. You won't need to drive your car...all these amenities are within reach.
With its mixed-use zoning and enviable location, the property provides the flexibility to accommodate a variety of endeavors, adding to its appeal and potential. Occupy one of the residential units making it your vacation home while renting out the other units.
Listing Agents
Property Details for 1259 South Coast Highway
View
None
Parking Spaces Total3
Private PoolNo
Cooling TypeDuctless
Total Units4.0
Building TypeDetached
Lot Size SourceAssessor
Living Area2083
LISTING UPDATED: 08/07/2024 08:17 AM
Property Details for 1259 South Coast Highway
Status | Active |
---|---|
MLS # | LG24156702 |
Days on Market | 113 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1935 |
Lot Size | 0.08 AC / 3,433 SF |
County | Orange County |
Buyer's Agent Compensation | 2% |
Building Information for 1259 South Coast Highway
Stories2Residences-Year Built1935Building Size-Lot Size0.08 AC / 3,433 SF
Property Information for 1259 South Coast Highway
Property History for 1259 South Coast Highway
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1259 South Coast Highway
Taxable ValueLand$2,241,974Additions$54,681Total$2,296,655
Tax Record2024$24,297 ($2,025 / month)
Home Facts
Lot Size3,500 SqFtStyleMiscellaneous CommercialCountyORANGEAPN644-074-03
Schools near 1259 South Coast Highway
This home is within Laguna Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Private - | K to 3 |
Rating | School | Distance |
---|---|---|
Top Of The World Elementary School PublicK to 5 | ||
Thurston Middle School Public6 to 8 | ||
Laguna Beach High School Public9 to 12 | ||
LEA Stone PrivateK to 3 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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