640 S Coast HWY Laguna Beach, CA 92651
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision The Village (Vil)
MLS Listing ID LG26230255
HOA Y/N No
Year Built 1986
Annual Tax Amount $23,794
Tax Year 2025
Lot Size 6,642 Sqft
Property Sub-Type Mixed Use
Property Description
Rising five stories above Coast Highway, 640 Coast Highway & 641 Ramona Avenue is a rare mixed-use building moments from the beach and the Village, with panoramic ocean and Catalina Island views from its upper levels.
The approximately 4,612-square-foot building holds 8 units of café, restaurant, retail, office and residential space, including two ocean-view penthouses, on a 6,643-square-foot lot with frontage on Coast Highway and Ramona Avenue. An additional space offers the potential to convert to a ninth office suite for added income, subject to City approval. Built in 1986, the building offers an elevator and 18 on-site parking spaces, rare for downtown, and the owner reports permits in place for upgrades such as new windows and flooring.
Across the street, the oceanfront Pacific Edge Hotel is being reimagined by Foster + Partners as a destination resort. A rare holding for long-term investors or an owner-user seeking a place in Laguna.
Buyer to verify zoning, permitted uses, unit configuration, permits and conversion potential with the City of Laguna Beach.
Location
State CA
County Orange
Area Lv - Laguna Village
Zoning C-1
Interior
Interior Features Elevator
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Appliance Dryer, Sump Pump, Washer
Laundry Common Area
Exterior
Exterior Feature Lighting, Rain Gutters
Parking Features Carport, Garage, Gated, See Remarks, Uncovered
Garage Spaces 6.0
Carport Spaces 12
Garage Description 6.0
Pool None
Community Features Curbs, Hiking, Street Lights, Sidewalks
View Y/N Yes
View Catalina, City Lights, Coastline, Neighborhood, Ocean, Panoramic, Water
Total Parking Spaces 18
Private Pool No
Building
Lot Description Walkstreet
Story 5
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 64403625
Security Features Key Card Entry,Security Lights
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS