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October 27, 2021
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Local Investor Nabs Laguna Beach Mixed-Use Property


The Gallery, a 10-unit mixed-use property in Laguna Beach, was acquired by a local investor. The property, located at 326-336 North Coast Highway, consists of seven apartments units and three commercial spaces. Two of the commercial spaces and two of the apartments were occupied at closing.

Built in 1954, The Gallery is a rare mixed-use property with the residential units featuring partial ocean views (from select units), common area decks and large balconies. It is conveniently situated in one of North Laguna’s top retail locations and is within walking distance to beaches, popular restaurants, retail shops. hiking trails and luxury hotels.

The buyer, who owns other local properties, intends to renovate the asset. Peter Hauser and Matthew Hauser with Avison Young represented the buyer and the seller, a private investor from Florida who had owned the property for over 30 years. A price was not given out.

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