670 Coast Hwy

Located on iconic Coast Highway, this unique property offers a rare blend of commercial and residential potential in the heart of Laguna Beach. The existing structure was a C1 single-story building, previously 2,726 sq. ft., partially demolished to accommodate construction for the neighboring Red Dragon restaurant. This building can be restored for single-story commercial use, ideal for retail, offices, or other C1 purposes.

Additionally, there’s approval for a new C1 space at street level—1,932 sq. ft., originally designed as a cooking school to complement the restaurant next door. This versatile space is perfect for various commercial uses, with six grandfathered parking spaces included.

Beyond the commercial opportunities, the property also includes an approved two-bedroom condominium, accessed from the road above. The condo offers 1,068 sq. ft. of living space on two levels, a two-car garage, and expansive decks with ocean views from both floors. Structural plans for the new use, including the condo, are 95% complete and ready for submission to the city within 30 days, with flexibility for modifications.

The retaining wall that stabilizes the hill above is already built, making this project easy to complete and a prime opportunity for both investors and business owners.