Hotel For Sale • 20,653 SF
Located steps from Crescent Bay Beach, the hotel provides guests immediate access to the shoreline while maintaining a quiet, neighborhood atmosphere away from the busier tourist corridors. With its art-inspired design, pet-friendly amenities, and walkable location, the Costa Art Hotel stands out as a unique alternative to larger branded hotels. The property benefits from Laguna Beach’s enduring popularity as a seaside destination, consistently attracting visitors seeking intimate, high-quality accommodations. With strong seasonal peaks complemented by steady off-season visitation, investors are presented with a rare opportunity to acquire a turnkey asset in a market with high barriers to entry and virtually zero hotel development.
| PREMIER COASTAL LOCATION: Steps from Crescent Bay Beach and minutes from downtown Laguna Beach’s shops, galleries, and dining. |
| UNTAPPED REVENUE STREAMS: Recently secured Type 66 (complimentary tastings for marketing) and Type 70 licenses |
| HIGH BARRIERS TO ENTRY: Strict zoning and limited new development protect long-term rate and occupancy growth. |
| F&B EXPANSION OPPORTUNITY: Existing 1BR/1BA unit provides a turnkey opportunity to expand F&B offerings. |
| RECENT RENOVATIONS DRIVING PERFORMANCE: Following comprehensive renovations in 2019 and 2024, the property has achieved RevPAR growth of over 42%. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| John Wayne/Orange County | 20 min | - | 13.6 mi |
| Long Beach (Daugherty Field) | 42 min | - | 33.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 26 |
| Type: | Covered |
| Included in Rent: | Yes |