16321 Pacific Coast Highway

16321 Pacific Coast Highway

Sunset Beach, CA 90742

$3,600,000
Price
—
Beds
2,496 Sq. Ft.
$1,442 / Sq. Ft.
2,496
Sq. Ft.
$1,442
per Sq. Ft.
a sign board with buildings in the background
a close view of a sink
a view of water heater room with shelves
a picture of a couch
a dining room with furniture and a chandelier
a view of a chairs and table in a patio
a view of a pathway with a tree
a outdoor space with chairs
a room with chairs and pool table
a room with pool table table soccer and windows
a room with table and chairs
a front view of a building with an outdoor space
a view of city
a view of city
a view of a street sign
a view of roof
an aerial view of a city
a city street lined with tall buildings
a view of entryway
a view of city
a city view

Description

It's not often that an ICONIC bar, once a favorite stomping ground of John Wayne and his friends, PLUS THE BUILDING AND THE LAND THAT IT SITS ON, located in a PRIME location just steps from the beach goes up for sale. And if you don't take advantage of the opportunity to buy this legendary bar and the property now, you might not get the chance to buy it again for another 40 YEARS! TURCS COCKTAILS is well known for its friendly wait staff, generous pours, and kindly owner. Established in 1955, the...It's not often that an ICONIC bar, once a favorite stomping ground of John Wayne and his friends, PLUS THE BUILDING AND THE LAND THAT IT SITS ON, located in a PRIME location just steps from the beach goes up for sale. And if you don't take advantage of the opportunity to buy this legendary bar and the property now, you might not get the chance to buy it again for another 40 YEARS! TURCS COCKTAILS is well known for its friendly wait staff, generous pours, and kindly owner. Established in 1955, the famous bar is legendary for its beachside décor accented with a Tiki and bamboo vibe. With a full bar, two indoor firepits, two pool tables, TVs throughout, touch tunes jukebox, and a giant Jenga game; entertainment and fun is endless at Turcs. The property is a mixed-used property situated in a prime Sunset Beach location on 6,077 SF double lot at the corner of Pacific Coast Highway and Anderson. The 2,496 SF two-story ivy covered building includes the 1,900 SF first floor bar area, 271 SF outdoor patio area, and a 596 SF 1 bedroom, 1 bath “studio style” apartment on the second floor. INCLUDED in the $3.6M purchase price is the land, building, business, goodwill, FF&E, transferable Entertainment License, and the coveted Type 48 Liquor License. The property has its own parking lot, a rarity in Sunset Beach, with approximately +/- 11 parking stalls including 1 ADA parking space. The Type 48 Liquor License is one of the most difficult Liquor Licenses to come by and for that reason, is highly coveted. This license allows the ability to serve hard alcohol, beer and wine until 2:00am, to patrons of 21 years or older, and does not require the establishment to serve food. Another major benefit of a Type 48 License is that it allows the sale of liquor, beer, and wine for on-premises consumption and beer and wine for off-premises consumption. This bar and property has been in the family for 40+ years. The owners would love a Buyer to come in and love it and live it as much as they have! There is tons of opportunity to build upon what they have built and make it yours! Financials available upon receipt of a signed NDA which is attached as a Supplemental form. Buyer will be required to provide Proof of Funds with Offer.
  1. Listed by Kathie Sitton • DRE #00980073 • Brokerage DRE #01330395 • Coldwell Banker Commercial • 714-864-1405

Property Details for 16321 Pacific Coast Highway

Business Type
Bar/Tavern/Lounge, Commercial, Food & Beverage, Mixed, Rental, Single-Tenant
Lot Size Source
Assessor
Building Area Total
2496
Building Area Units
Square Feet
Stories Total
2
Entry Level
1
Zoning
Sunset Beach Tourist
Parcel Number
17851120

Location

Listing Courtesy of Coldwell Banker Commercial, Kathie Sitton, DRE #00980073
Add your commute
LISTING UPDATED: 03/28/2024 12:58 AM

Property Details for 16321 Pacific Coast Highway

StatusActive
MLS #PW24039494
Days on Market60
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1930
Lot Size0.14 AC / 6,077 SF
CountyOrange County

Location

Listing Courtesy of Coldwell Banker Commercial, Kathie Sitton, DRE #00980073
Add your commute

Building Information for 16321 Pacific Coast Highway

Stories2Residences-Year Built1930Lot Size0.14 AC / 6,077 SF

Payment Calculator

$20,105 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,647

Property Taxes

$458

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 16321 Pacific Coast Highway

Income / Expense / Tax Details
Income Details
  • Current Financing: None
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Upper Level
  • Heating: Fireplace(s)
Land/Lot Info
  • Sign on Property: No
  • Lot Features: 0-1 Unit/Acre
  • Land Use: Multi-Family, Office, Retail
  • Water Source: Public
Property / Structure Info
  • Building Name: Turcs Cocktails
  • Building Status: Existing
  • Asset Class: Retail, Specialty
Unit Information
Unit Information
  • Number Of Buildings: 1

Property History for 16321 Pacific Coast Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 16321 Pacific Coast Highway

Taxable ValueLand$355,924Additions$96,894Total$452,818
Tax Record2023$5,501 ($458 / month)
Home Facts
Total Finished SqFt2,496 SqFtAbove Grade Finished SqFt2,496 SqFtStories1Lot Size6,077 SqFtStyleMiscellaneous CommercialYear Built1930CountyORANGEAPN178-511-20

Schools near 16321 Pacific Coast Highway

This home is within Huntington Beach City Elementary School District.
Rating
School
Type
Grades
Distance
Agnes L. Smith Elementary School
Public - K to 5
Ethel Dwyer Middle School
Public - 6 to 8
Huntington Beach High School
Public - 9 to 12
Coast High School
Public - 9 to 12
Rating
School
Distance
Agnes L. Smith Elementary School
PublicK to 5

Ethel Dwyer Middle School
Public6 to 8

Huntington Beach High School
Public9 to 12

Coast High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 16321 Pacific Coast Highway, Sunset Beach, CA 90742

16321 Pacific Coast Highway is a mixed use property for sale in Sunset Beach, CA 90742. This property was listed for sale on February 29, 2024 by Coldwell Banker Commercial, it's currently listed at $3,600,000. This listing's school districts are Huntington Beach City Elementary School District, Huntington Beach Union High School District. Nearby schools include Agnes L. Smith Elementary School, Ethel Dwyer Middle School and Huntington Beach High School. 16321 Pacific Coast Highway is a 0-bed, 0-bath, 2,496 sqft mixed use property built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Commercial, Kathie Sitton, DRE #00980073

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.