2950 S Coast

This iconic mixed-use property in the heart of South Laguna Beach presents a rare opportunity to own a well-known local landmark. Situated along the highly desirable South Coast Highway, this property is home to a beloved flower shop, a staple in the community, with an established presence and steady foot traffic. Above the retail space is a charming 2-bedroom, 2-bathroom Airbnb
with a den featuring stunning ocean views from its
spacious deck, making it a sought-after short-term rental
destination. There is a fully approved and operational
short-term lodging permit that runs with the property.
Short-term lodging permits are incredibly rare in Laguna
Beach, which creates a high barrier to entry for
competitors. The rental unit has undergone significant
improvements recently, including a fully permitted rooftop
deck with an ocean view. This is an exceptional opportunity
to own a well-located property with a rare short-term
lodging permit in one of California’s most desirable coastal
towns. Whether as an investment property, an opportunity
to run a business, or the potential to utilize the building as
an owner/user, this property presents flexible options to
own a jewel box asset at a reasonable price point in the
world class city of Laguna Beach, CA.