68
See all 68 photos
$40,000,000
Est. payment /mo
1.09 Acres Lot
New
696 & 690 S Coast Laguna Beach, CA 92651
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Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
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
Listed by Mark Simon Berkshire Hathaway Homeservice 949-872-8322, DRE #00816134
NEARBY SCHOOL & BUSINESS
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