$5,938,000
2 beds 1 baths 1 half baths 2,000 sq. ft.
33.5443 -117.789
FOR SALE

320 N Coast Highway Laguna Beach, CA 92651

$5,938,000
Est. Monthly $25,957 recalculate
2 beds 1 baths 1 half baths 2,000 sf
 

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CENTURY 21 Masters
5150 E. Pacific Coast Highway
Long Beach, CA 90804
562.­344.2450
562.­344.2450
CENTURY 21 Masters
5150 E. Pacific Coast Highway Long Beach, CA 90804
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320 N Coast Highway
Laguna Beach, CA 92651

Explore This Property

Other Residential - Call the Sackin Team today at 714-717-8911 for a private tour of this incredible opportunity. Ultimate trophy property in absolute best location in Laguna Beach. Very popular Madison Square & Garden Cafe is a landmark in the city. Rare opportunity to secure an incredible north Laguna location just one block from Main Beach, Heisler Park and Pacific Ocean. This historic property is adjacent to landmarks including Laguna Art Museum, Las Brisas Restaurant, and the newly re-opened Royal Hawaiian. Bustling area with massive foot traffic next to Urth Cafe and in the middle of the popular north gallery district. Classic Craftsman bungalow is set on large parcel with towering mature trees as the perfect back drop. Customers are greeted by the inviting front porch and wonderful architectural detailing. Endless possibilities with flexible interior retail/dining space and expansive, multiple garden settings outdoors. Complete commercial kitchen can suit many restaurant options. Convenient upstairs managers suite could be a residence, efficient office space or leased separately for additional income. C-1 zoning offers flexible use, and approved CUP allows wine and beer service. Current owner has invested over $1,000,000 in improvements that will provide years of low cost maintenance for the next investor. Possible reduction of property taxes through Mills Act. Perfect timing to invest in north Laguna with redevelopment happening in this block. Once in a lifetime opportunity!
MLS # OC16747959
Courtesy Of Star Real Estate

Property Features

  • Age: Over 50 Years Old
  • Amenities: Lawn, Garden
  • Architecture Style: Bungalow
  • Cooling System: None
  • Heating System: Central Furnace
  • Parking Type: Assigned
  • Roof Type: Composition Shingle
  • Rooms: Bedroom, Full Bath, Half Bath
  • View Type: Ocean

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 3.38% APR
    $25,957Your estimated monthly payment
    $1,187,60020% Down Payment
    $5,938,000 $5,344,200
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    EL MORRO ELEMENTARY SCHOOL
    Grades PRESCHOOL-5 | Public School

    LAGUNA BEACH, CA 92651
    8681 N COAST HWY
    949-497-7780
    2.3
    miles

    Total Students 580
    Student Teacher Ratio 12:1

    School Rating

    5 stars View School Details
    Middle School
    THURSTON MIDDLE SCHOOL
    Grades 6-8 | Public School

    LAGUNA BEACH, CA 92651
    2100 PARK AVE
    949-497-7785
    1.5
    miles

    Total Students 800
    Student Teacher Ratio 18:1

    School Rating

    5 stars View School Details
    High School
    LAGUNA BEACH HIGH SCHOOL
    Grades 9-12 | Public School

    LAGUNA BEACH, CA 92651
    625 PARK AVE
    949-497-7750
    0.7
    miles

    Total Students 1020
    Student Teacher Ratio 15:1

    School Rating

    5 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Laguna Beach Adult 0.7 mi Public 9-12
    Anneliese's Schools, Inc. 0.7 mi Private K-3
    Top Of The World Elementary School 2.1 mi Public PRESCHOOL-5
    St. Catherine Of Siena Parish School 2.4 mi Catholic PRESCHOOL-8
    Anneliese's School 2.9 mi Private PRESCHOOL-K
    Anneliese's School 3.1 mi Private PRESCHOOL-6
    Canyon Vista Elementary School 3.4 mi Public K-5
    St. Mary's School 3.7 mi Private PRESCHOOL-8
    Aliso Viejo Christian 3.7 mi Private K-8
    Oak Grove Elementary School 3.8 mi Public K-5
    Vandamme Academy 3.8 mi Private K-8
    Moulton Elementary School 3.8 mi Public K-5
    Wood Canyon Elementary School 4.0 mi Public K-5
    Laguna Niguel Jr. Academy 4.1 mi Private K-10
    Don Juan Avila Middle School 4.1 mi Public 6-8
    Don Juan Avila Elementary School 4.1 mi Public PRESCHOOL-5
    Aliso Niguel High School 4.1 mi Public 9-12

    Local Area Information for Laguna Beach, CA 92651

    Median Age: 49.7
    Married: 44.2%
    Number of Households: 11,724
    Households with Children: 2,515
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 California Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      † Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.