1450-1460 S. Coast Highway, Laguna Beach | 1400 Glenneyre St
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1450-1460 S. Coast Highway, Laguna Beach 1400 Glenneyre St
4,951 SF 100% Leased Retail Building Laguna Beach, CA 92651 $8,000,000 ($1,616/SF) 3.18% Cap Rate
Investment Highlights
- Legacy property.
- Easy access and ample parking.
- Beautiful Tudor style architecture.
Executive Summary
Ashwill Associates is pleased to present for sale, for the first time in several decades, 1450-1460 S. Coast Highway, Laguna Beach. This is a true legacy property that rarely ever hit the market for sale. The sale also includes an extra parking lot located at 1400 Glenneyre St. which collects extra income and could potentially be used for future developments. The Tudor style building, built in the early 1900’s was home to Brayton Laguna Pottery. The old pottery building is true Laguna Beach icon. Conveniently located on PCH between Bluebird Canyon and Thalia Street with a trolley stop right out front and surrounded by street parking and private parking in the back, this property is easy to get to, by car, foot, or trolley. It’s across the street from some of the most beautiful beaches in California. This truly is a once in a lifetime opportunity to purchase a historic legacy property.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,951 SF
Year Built/Renovated
1924/2024
Price
$8,000,000
Price Per SF
$1,616
Cap Rate
3.18%
NOI
$254,400
Percent Leased
100%
Building Height
3 Stories
Building FAR
0.40
Lot Size
0.29 AC
Zoning
C1, LBP - C1 - Local Business (building)
LBP - Local Business Professional (parking lot)
Parking
20 Spaces (4.04 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Courtyard
- Restaurant
- Signage
- Skylights
Walk Score®
Very Walkable (89)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $238,467 | |
| Land Assessment | $2,002,688 | Total Assessment | $2,241,155 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,002,688
Improvements Assessment
$238,467
Total Assessment
$2,241,155
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1450-1460 S. Coast Highway, Laguna Beach | 1400 Glenneyre St
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