680 S Coast Hwy Laguna Beach, CA $ 15,000,000
680 S Coast Hwy
$ 15,000,000
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680 S Coast Hwy

Laguna Beach, CA, 92651
$ 15,000,000
Baths0.0 Sq 10,796

Monthly Estimate*

$ 104,779

Listed by Pinnacle Real Estate Group
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View a Virtual Tour
Studio

Commercial Property for sale in Laguna Beach, CA

for $15,000,000. This 10,796 square foot building was built in 2023 on a lot size of 0.129.

State-of-the-Art Free-Standing Structure. The Red Dragon Building For Sale (Only building not business) A Rare and Exceptional Investment Opportunity. Impressive CAP rate of 5.6% Long-Term (10) Year Lease Absolute NNN Lease With Annual 3% Increases Full-service bar and restaurant featuring an Ocean View Terrace on the 3rd Floor Contemporary exterior & interior masterfully envisioned by acclaimed Laguna Beach architect Cutting-edge commercial kitchens spanning the 1st and 2nd floors, equipped with the latest culinary technology and a spacious walk-in cooler/freezer Unparalleled Platinum Location in Laguna Beach: 7 min stroll to Main Beach Park, 6 min walk to Downtown, 3 min jaunt to HIP District. Exceptional proximity to designated parking areas, boutiques, eateries, art galleries, and renowned hotels. Boasting a walk score of #96

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Commercial Active

Price

$ 15,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.129

Year Built

2023

Town/City

Laguna Beach

County/Region

Orange

MLS | Web ID

OC23208337

Days on Market

188

Features
General
Utilities CableConnected ElectricityConnected NaturalGasConnected PhoneConnected SewerConnected WaterConnected
Year Built 2023
Electric Item220VoltsinKitchen
Property SubType Retail
Business Type BarTavernLounge Restaurant
Building Name The Red Dragon Building
County Orange
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Take the CA-133 S / Laguna Beach exit toward Pacific Coast Hwy. Turn left onto S Coast Hwy. The destination will be on your left
City Laguna Beach
View Y/N N
Senior Community Y/N N
MLS Area LV - Laguna Village
Lot Size Square Feet 5619.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name S Coast Hwy
Listing Terms Cash CashtoNewLoan Item1031Exchange
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://vimeo.com/851353646
Days on Market 170
Building Area Units SquareFeet
Standard Status Active
Occupancy Description Owner
Year Built Source Estimated
Property Sub Type Additional Retail
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Exterior
Lot Features Walkstreet
Water Source Public
Lot Size Area 5619.0
Number of Buildings 1
Spa N
Building Area Total 10796.0
Lot Size Acres 0.129
Lot Size Units SquareFeet
Lot Size Source Estimated
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 3
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Laundry Features SeeRemarks
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 680
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* Excluded Features
List By
Pinnacle Real Estate Group

Broker

(626) 888-9808

Phone

Affordability Calculator

$104,779
Per Month
100%
0%
0%
Monthly Principal & Interest
$104,779
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/12/2023$14,000,000 Listed Price

Map


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680 S Coast Hwy, Laguna Beach, CA, 92651 is a Commercial Property for sale at $15,000,000 with 10,796 sqft and a lot size of 0.129. 680 S Coast Hwy is a studio with 0.0 baths and was built in 2023. The property's zip code is 92651 which is in Laguna Beach, CA