1363-1373 Coast Hwy - Storefront Retail/Residential FOR SALE


Laguna Beach, CA 92651
$28,811,800 USD
949-979-7423
1363-1373 Coast Hwy, Laguna Beach, CA for Sale
$28,811,800 USD
Storefront Retail/Residential - FOR SALE
1/34
null | Request Cap Rate

1363-1373 Coast Hwy
Laguna Beach, CA 92651


HIGHLIGHTS

  • Once-in-a-lifetime opportunity to invest in an iconic, December 2024-built mixed-use property with 2 luxury penthouses and 3 commercial condos.
  • Enjoy access to a rare 32-car subterranean parking garage with 8-foot, 2-inch clearance, ensuring convenience for both clients and staff.
  • Stunning commercial condos sporting high ceilings and an open, light-filled layout for the perfect blank canvas for retail, office, or specialty use.
  • Strategically positioned on the high-visibility corridor, receiving exposure to nearly 30,000 VPD and connecting Laguna Beach to Newport Beach.
  • Designed for versatility with modern construction and premium materials throughout, creating a distinctive experience tailored to business needs.
  • Prime SoCal location near the Laguna Beach Coastline, the Pelican Hill Resort, John Wayne Airport, and Crystal Cove Shopping Center.

OVERVIEW

1363-1373 N Coast Highway is a brand-new, December 2024-built mixed-use masterpiece that redefines luxury and investment potential in Laguna Beach. Featuring two luxury penthouses and three versatile commercial condominiums, this property is the ultimate opportunity for discerning investors or owner-occupants seeking a high-profile coastal asset. At a glance, this state-of-the-art property boasts breathtaking design, premium finishes, and incredible flexibility, all situated above a 32-space subterranean parking garage with motion-detecting lights and 8-foot, 2-inch ground clearance for oversized vehicles. Plus, an elevator and stairs from the garage are accessible to the commercial units. Each unit is available for individual purchase or the complex in its entirety. Learn more about the available residential and commercial condominiums at 1363-1373 N Coast Highway below. Residential Penthouses: 1371 N Coast Highway (South Penthouse) – $7,430,000 This residential condo has 2,972 square feet of luxurious living space, mirroring the features of the North Penthouse with different but equally high-quality designer finishes. The space includes an expansive 648-square-foot deck with uninterrupted ocean views through cantina-style doors. It also features an ocean view California room perfect for entertaining or al fresco dining with seamless indoor-outdoor flow. The suite has smart home technology and premium Thermador appliances. This unit includes two dedicated covered parking spaces and an oversized private garage with EV charging. 1373 N Coast Highway (North Penthouse) – $7,000,800 This residential unit has 2,917 square feet of meticulously designed living space, mirroring the features of the South Penthouse with different but equally high-quality designer finishes. The Cantina-style doors open onto an expansive 382-square-foot deck with panoramic views of Crescent Bay, Catalina Island, and the coastline. This smart home features include built-in speakers, Yamaha 2-zone receivers, 4K HDMI over Cat6 wiring, and six Harmony remotes. In addition to a full suite of Thermador appliances, including a ProHarmony range, smart refrigerator, wine fridge, and dishwasher. Finally, the condo includes two dedicated covered parking spaces and an oversized private garage with EV charging, which is large enough for a full-size vehicle. Commercial Condominiums: 1363 N Coast Highway (South Commercial Condominium) – $5,038,000 This is a 2,290-square-foot open, light-filled commercial condo space. The unit has high ceilings and a versatile layout ideal for retail, office, or other commercial applications. Designed to allow the end user to elevate the space to its highest and best-specialized use. Frontage faces the signalized corner giving exposure to approximately 30,000 vehicles and pedestrians daily. 1365 N Coast Highway (Middle Commercial Condominium) – $5,482,000 This commercial condo unit spans 2,492 square feet and has high vaulted ceilings upon entry, offering a bright and airy atmosphere. Available as a blank slate for various commercial uses, from boutique retail to professional office space. Designed to allow the end user to elevate the space to its highest and best-specialized use. 1367 N Coast Highway (North Commercial Condominium) – $3,861,000 This commercial condo has 1,755 square of customizable space that can be seamlessly integrated with adjacent units for a larger, cohesive commercial setup. Perfectly perched on the last signalized corner of N Coast Highway before Newport Beach, this property offers unparalleled visibility, with an estimated 30,000 vehicles passing daily. For those traveling into town, 1363-1373 N Coast Highway is only 20 minutes (11 miles) from John Wayne Airport and nine minutes (4.6 miles) from Pelican Hill Resort. The property is a quick five-minute drive (2.3 miles) to Crystal Cove Shopping Center, home to renowned dining destinations like Mastro’s Ocean Club and Javier’s. Whether a business or individual is looking to establish a flagship presence, a sophisticated office environment, or a unique commercial concept, this property delivers unparalleled potential in one of Southern California's most coveted coastal locations.

FOR SALE DETAILS

PRICE

$28,811,800 USD

PRICE/SF

$2,319 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

-

APN/PARCEL ID

053-134-24

ASK ABOUT THIS PROPERTY

Derek LeBonBon Life Real EstateMore Info
949-979-7423

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Derek LeBonBon Life Real EstateMore Info
949-979-7423

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.