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
  • Sqr Footage4487
Listing Provided Courtesy Of:
Mark Christy with Berkshire Hathaway HomeServices.
Property Description

INCREDIBLE LAGUNA BEACH TROPHY INVESTMENT MIXED-USE PROPERTY WITH STRONG OCEAN VIEWS & PROMINANT PCH CORNER LOCATION, INCLUDES ACCLAIMED RESTAURANT, EXECUTIVE OFFICE, PENTHOUSE APT. 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 RESTAURANT 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. PICTURES FORTHCOMING.

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

General Features

Construction Materials Stucco
Directions the DRAKE RESTAURANT BUILDING - Corner PCH/Hinkle
Listagentaor Laguna
Listing Agent Mark Christy - BRE#00776546
Listing Agent State License 00776546
MLS Area SL - South Laguna
Number of Units Leased 3
Price Per Square Foot 778.92
Property SubType Mixed Use
Property Type Commercial Sale
Source System CRMLS
Special Listing Conditions Standard
Total Units 3
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Interior Features

Condo Area Unit Type Square Feet
Laundry Features In Closet
Total Stories 2

Exterior Features

Building Area Total 4487.00
Land Use Other
Lot Size Source Assessor
Number of Buildings 1
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • 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 $1.88M
$3.5M
Visits
AVG 43
12
Year Built
AVG 1953
1949

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