1259 S Coast, Laguna Beach, California 92651, Laguna Beach, - bed, bath

home-pic
ACTIVE$3,995,000
1259 S Coast, Laguna Beach, California 92651
0Bed
0Bath
2,083Sqft
3,433Lot
Year Built
1935
Close
-
List price
$4M
Original List price
$4M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
LG25064177
Home ConditionExcellent
Features
Excellent View: None
Deck
View-

About this home

Welcome to 1259 South Coast Highway, a beautifully updated mixed-use property in the heart of Laguna Beach’s coveted "Hip District." This unique offering includes two high-visibility commercial retail spaces fronting PCH and two stylish residential units tucked away for privacy—creating an incredible investment or owner-user opportunity. Renown for its natural beauty, artistic heritage and vibrant culture, Laguna Beach is a strategic location for retailers looking to provide a unique consumer experience. Laguna Beach welcomes over 6 million visitors annually, ensuring consistent exposure for commercial tenants and strong rental demand. Recently reborn with extensive upgrades, this property is truly turnkey. Updates include new electrical, plumbing, roof, HVAC, kitchens, baths, flooring, lighting, EV chargers, and more—giving you peace of mind for years to come. Situated on the ocean side of PCH, the property zoning allows one residential unit to be used as a lucrative short-term rental, tapping into Laguna Beach’s thriving vacation rental market, where the average AirBnb nightly rate is $377 and the average hotel nightly rate is $650. This prime property is just moments from Brooks Street Beach, home to the longest-running surf contest, the Surf n Sand Resort, and the Forest Promenade—all accessible without needing your car. The versatile Residential & Commercial Spaces consist of: RETAIL SPACE #1 – Open floor plan with prime PCH exposure on a high-foot-traffic block. RETAIL SPACE #2 – Prime PCH frontage and includes a private deck and outdoor shower, a must-have when you're this close to the beach. RESIDENTIAL UNIT #A – No expense was spared updating this stunning ground-level studio, perfect as a “pied-à-terre” for enjoying the Laguna lifestyle. RESIDENTIAL UNIT #B – A spacious 2-bed + office, 2-bath unit with a private fenced-in yard, ideal for full-time living or rental income. Whether you're looking for an income-producing asset, a live/work opportunity, or a vacation retreat, this property offers unmatched flexibility in a can't miss location. Don’t miss this rare chance to own a turnkey mixed-use gem in the heart of Laguna Beach!

Price History

Date
Event
Price
03/24/25
Listing
$3,995,000
Condition Rating
Excellent

Despite being built in 1935, the property has undergone a comprehensive and recent renovation, as explicitly stated in the description: 'Recently reborn with extensive upgrades, this property is truly turnkey. Updates include new electrical, plumbing, roof, HVAC, kitchens, baths, flooring, lighting, EV chargers, and more.' The images confirm modern, high-quality finishes in both residential units, including stainless steel appliances, contemporary cabinetry, stylish tile work in bathrooms, new flooring, and modern light fixtures. All major systems and aesthetic components appear new or virtually new, meeting current quality standards.
Pros & Cons

Pros

Prime Mixed-Use Location: Strategically located in Laguna Beach's 'Hip District' on PCH, offering high visibility for commercial spaces and immediate access to beaches and amenities for residential units.
Extensive Turnkey Renovation: Recently underwent comprehensive upgrades including electrical, plumbing, roof, HVAC, kitchens, and EV chargers, providing a truly turnkey property with reduced immediate capital expenditure.
Diverse Income Streams: Features two commercial retail spaces and two residential units, with zoning allowing one residential unit for lucrative short-term rentals, maximizing income potential and investment flexibility.
High Commercial Traffic & Exposure: Benefits from Laguna Beach's 6 million annual visitors, ensuring consistent foot traffic and strong rental demand for the prime PCH-fronting commercial spaces.
Exceptional Walkability: Situated moments from Brooks Street Beach, Surf n Sand Resort, and Forest Promenade, offering unparalleled pedestrian access to key Laguna Beach attractions without needing a car.

Cons

Lack of Views: The property explicitly states 'None' for views, which can be a significant drawback in a coastal market like Laguna Beach where ocean or panoramic views are highly sought after and command a premium.
Limited Lot Size: With a lot size of 3,433 sqft, the property offers limited outdoor space, which may restrict future expansion possibilities or dedicated amenities for all four units.
Age of Original Structure: Despite extensive modern renovations, the property's original construction year of 1935 means the underlying structure is nearly 90 years old, potentially leading to unforeseen long-term maintenance considerations.

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