Homes for sale - 31715 S Coast HWY, Laguna Beach, CA 92651

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$2,550,000

Est. payment - /mo

5,941 Sqft Lot

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID LG25012294

HOA Y/N No

Year Built 1950

Lot Size 5,941 Sqft

Property Sub-Type Retail

Property Description

Located in the heart of South Laguna overlooking Table Rock Beach, this unique ocean-view property fronts Pacific Coast Highway, is highly visible, and has served as a successful restaurant space for years (Thai by the Sea). Consisting of two adjacent parcels, the property encompasses two separate structures, plus parking for 5 or 6 cars. The front structure is a 2-level remodeled restaurant space directly on Coast Highway, with kitchen area, bathroom, indoor and outdoor customer seating at street level (~1255 sf), plus additional bathrooms, storage and laundry space underneath (~300 sf). Further, the crawlspace underneath could be improved for additional retail/restaurant space (~900 sf unfinished). The rear structure is a remodeled single-level "studio" which can serve as additional restaurant space, or an entirely separate retail space such as a boutique or yoga studio (~400 sf). The two structures are separated by a private, gated, landscaped, flat, decomposed-granite courtyard which may also serve as additional eating space. Improvements include new flooring and vaulted ceilings, new bathrooms, doors and windows. South Laguna is an up-and-coming village neighborhood that embodies the original "true Laguna" vibe and beach culture. Wine and beer license are transferable to the new owner.

Location

State CA

County Orange

Area Sl - South Laguna

Zoning COM

Interior

Fireplace No

Laundry Laundry Room

Exterior

Fence Wood

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Waterfront Description Across the Road from Lake/Ocean

Roof Type Composition

Total Parking Spaces 5

Building

Lot Description Corner Lot, Landscaped, Street Level, Walkstreet, Yard

Story 2

Water Public

Others

Tax ID 65810137

Acceptable Financing Owner Will Carry

Listing Terms Owner Will Carry

Special Listing Condition Standard

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Listed by Kenneth Guziak Coldwell Banker Realty 949-990-0093

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