Water Views
Address
2894 S Coast Laguna Beach, CA
Price
$ 3,495,000
Property Attributes
  • MLS#LG20209267
  • TypeCommercial
  • CountyORANGE
  • CityLaguna Beach
  • AreaSouth Laguna
  • Zip92651
  • StyleMixed Use
  • Price$ 3,495,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5,227 SqFt
Listing Provided Courtesy Of:
Mark Christy with Berkshire Hathaway HomeServices.
Data Source:
CRMLS
Property Description

INCREDIBLE LAGUNA BEACH TROPHY INVESTMENT MIXED-USE PROPERTY WITH STRONG OCEAN VIEWS & PROMINENT PCH CORNER LOCATION, THIS IS THE "DRAKE RESTAURANT" BUILDING WITH A GORGEOUS EXECUTIVE OFFICE AND PENTHOUSE APARTMENT UPSTAIRS. THE BUILDING HAS UNDERGONE A RECENT AND SUBSTANTIAL HIGH $ TRANSFORMATION INTO A STATE OF THE ART FULL SERVICE RESTAURANT/BAR BELOW, SLEEK OCEAN-VIEW EXECUTIVE OFFICE AND PENTHOUSE APARTMENT UPSTAIRS. THE DRAKE RESTAURANT OCCUPIES THE ENTIRE LOWER FLOOR CONSISTING OF APPROX. 2,250 SQ FT. THE OFFICE UPSTAIRS IS ANOTHER APPROX 1,487' AND THE NICELY DETAILED APARTMENT APPROX 750'. ALL UNITS AND THE BUILDING AS A WHOLE ARE IMPECCABLY MAINTAINED. PLEASE DO NOT DISTURB ANY OF THE EXISTING TENANTS.

Price History
10/6/2020 Listed $3,495,000

General Features

Construction Materials Stucco
Listing Agent Mark Christy - BRE#00776546
Listing Agent State License 00776546
MLS Area SL - South Laguna
Property Sub Type Additional Mixed Use
Property SubType Mixed Use
Property Type Commercial Sale
Special Listing Conditions Standard
Total Units 3
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Interior Features

Laundry Features Laundry Closet

Exterior Features

Lot Features Corner Lot
Lot Size Acres 0.12
Lot Size Area 5227
Lot Size Source Assessor
Lot Size Square Feet 5227
Lot Size Units Square Feet
Number of Buildings 1
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92651

Price
AVG $1.98M
$3.5M
Visits
AVG 57
140
Year Built
AVG 1978
1949
Walkscore
AVG 66
56
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover