696 & 690 S Coast, Laguna Beach, CA 92651
696 & 690 S Coast, Laguna Beach, CA 92651
696 & 690 S Coast, Laguna Beach, CA 92651
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$40,000,000
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1.09 Acres Lot
Active Under Contract

696 & 690 S Coast Laguna Beach, CA 92651

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Herb Rim

Herb Rim

+1(818) 699-9179

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID NP26157775

HOA Y/N No

Lot Size 1.090 Acres

Property Sub-Type Hotel/Motel

Property Description

BHHSCP Commercial Division is pleased to present the 14 West Portfolio, comprised of two adjoining hospitality properties totaling approximately +/- 1.097 acres along South Coast Highway in Downtown Laguna Beach. The property is improved with 31726 SF of existing hotel and retail improvements consisting of two separate hospitality buildings totaling 69 rooms and suites, plus two ground-floor retail units. The South Building at 696 SCH includes 55 hotel rooms, pool and courtyard amenities, meeting and event infrastructure, lobby and guest services area, and a shuttered restaurant and lounge component with an existing Type 47 liquor license. The restaurant and lounge offer a significant value-add opportunity. The North building at 690 SCH includes 14 boutique studio suites featuring kitchenettes and fireplaces and supporting hospitality infrastructure. The properties also include 69 total parking spaces consisting of surface parking at the South building and subterranean podium parking at the North building. This is a rare generational opportunity to acquire 69 keys in one of SoCal's most supply-constrained lodging markets with operational scale and flexibility, offering the ability to rebrand, soft flag, or elevate operations without franchise restrictions.

Location

State CA

County Orange

Area Lv - Laguna Village

Interior

Fireplace No

Appliance Dryer, Washer

Laundry Common Area

Exterior

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Total Parking Spaces 56

Building

Lot Description Lot Over 40000 Sqft, Over 40 Units/Acre, Near Public Transit, Walkstreet

Story 3

Water Public

Others

Tax ID 64403615

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Mark Simon Berkshire Hathaway Homeservice 949-872-8322, DRE #00816134

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696 & 690 S Coast

NEARBY SCHOOL & BUSINESS

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Herb Rim

Herb Rim

Realtor License ID: 01870707

+1(818) 699-9179

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