Duong Investment Group

484 North Coast Highway

484 North Coast Highway

Closing Notes

  • Sourced a Local Buyer
  • 29 Day Escrow
  • All Cash Buyer

Property Description

Price: $2,995,000
Price Per/SF: $1,160.85
Land Area: ±0.14 Acres
Gross Leasable Area: ±2,580 SF
Year Built: 1934

Investment Highlights

Trophy Southern California Asset

  • Extremely Rare Laguna Beach Property on Pacific Coast Highway
  • Walking Distance to Downtown Laguna Beach and Main Beach
  • Low Price/SF Land; 50% Lower Than Nearby Recent Sales
  • First Time the Property Has Been on the Market in Over 50 Years

Investment Highlights

  • Large Signage in Front of Property for Maximum Visibility
  • Ample Parking Available
    • 2 Carports + Storage Area with Roll Up Doors (Usable as 2 Car Garage) + 3 Additional Spaces in the Patio
    • Plenty of Public Parking Available on North Coast Highway, Myrtle Street, and the Neighborhood Behind the Property
    • Beautiful Covered Patio Separating the Storefront and Office Space

Prime Retail Location

  • Located on Pacific Coast Highway with Traffic Count of ±38,500 Vehicles Per Day
  • Part of the Laguna Beach Trolley Coastal Route and Laguna Beach Art Walk
  • Wide Variety of Shopping Experiences: One-Of-A-Kind Boutique Shops, Art Galleries, Fine Dining, and More
    • Nearby Retailers Include: Pavilions, Whole Foods, Husky Boy Burgers, Bianchi Winery, Zeytoon Café, Urth Café, Las Brisas, Carmelita’s, Dolce Gelato, Moulin, Nick’s Laguna Beach, and Others

Pride of Ownership Property in Laguna Beach, CA

  • Southern California’s Premier Coastal Destination: A Year-Round Retreat for Art Lovers, Outdoor Adventures, Beachgoers, Families, and Romantics
  • Highly Affluent Community with an Average Household Income of $219,000 within a 3-Mile Radius
  • Vibrant Art Scene: Laguna Beach is home to the Sawdust Festival, Art-A-Fair, Pageant of the Masters, Festival of the Arts, and Passport to the Arts

Broker of Record: Adam Christofferson, Lic. CA 00530854

Contact Information

Johnny Le
Net Leased Properties Group
(949) 419-3249
License: CA 02039329

Ron Duong
Senior Managing Director Investments
Senior Director, National Retail Group
(949) 419-3233
License: CA 01438643

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