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 & 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 |
|---|---|
| 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 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
Visits
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of January 26, 2021 2:20 AM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
