Rare opportunity to acquire 550 S Coast Highway, a six-unit multi-tenant retail asset located on one of the most iconic stretches of Pacific Coast Highway in Laguna Beach. The 2,625 SF building sits on a 4,400 SF lot in the CBD-V zoning district, surrounded by galleries, restaurants, boutique retail, and the year-round tourism that defines Laguna Beach\u2019s coastal village corridor.<\/p>\n
The property currently generates $13,540\/month in gross rental income across five occupied units, with a sixth unit currently used by Seller for storage and producing no income. Existing rents are significantly below market, creating a clear value-add opportunity through lease renewals, rent adjustments, and conversion of the storage space into income-producing tenancy. Based on market rent assumptions, the property projects to a stabilized Year 2 NOI of $211,527, representing a 5.30% cap rate.<\/p>\n
Located in one of Southern California\u2019s most affluent and supply-constrained coastal markets, 550 S Coast Highway offers irreplaceable frontage, stable in-place income, and a compelling path to future growth in the heart of Laguna Beach\u2019s renowned arts, retail, and tourism corridor.<\/p>\n","protected":false},"excerpt":{"rendered":"Rare opportunity to acquire 550 S Coast Highway, a six-unit...","protected":false},"author":0,"featured_media":485140,"template":"","es_locations":[],"es_categories":[],"es_types":[163],"es_rent_periods":[],"es_labels":[],"es_statuses":[],"es_parkings":[],"es_roofs":[],"es_exterior_materials":[],"es_basements":[],"es_floor_coverings":[],"es_features":[],"es_amenities":[],"es_neighborhoods":[],"es_tags":[],"class_list":["post-485139","properties","type-properties","status-publish","has-post-thumbnail","hentry","es_type-retail","es-post-entity"],"_links":{"self":[{"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/properties\/485139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/properties"}],"about":[{"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/types\/properties"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/media\/485140"}],"wp:attachment":[{"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/media?parent=485139"}],"wp:term":[{"taxonomy":"es_location","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_locations?post=485139"},{"taxonomy":"es_category","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_categories?post=485139"},{"taxonomy":"es_type","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_types?post=485139"},{"taxonomy":"es_rent_period","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_rent_periods?post=485139"},{"taxonomy":"es_label","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_labels?post=485139"},{"taxonomy":"es_status","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_statuses?post=485139"},{"taxonomy":"es_parking","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_parkings?post=485139"},{"taxonomy":"es_roof","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_roofs?post=485139"},{"taxonomy":"es_exterior_material","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_exterior_materials?post=485139"},{"taxonomy":"es_basement","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_basements?post=485139"},{"taxonomy":"es_floor_covering","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_floor_coverings?post=485139"},{"taxonomy":"es_feature","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_features?post=485139"},{"taxonomy":"es_amenity","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_amenities?post=485139"},{"taxonomy":"es_neighborhood","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_neighborhoods?post=485139"},{"taxonomy":"es_tag","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_tags?post=485139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}