2075-2097 Laguna Canyon Rd - Manufacturing FOR SALE


Laguna Beach, CA 92651
$7,000,000 USD
323-216-0575
2075-2097 Laguna Canyon Rd, Laguna Beach, CA for Sale
$7,000,000 USD
Manufacturing - FOR SALE
1/8
null | 4.88% Cap Rate

NEW


2075-2097 Laguna Canyon Rd
Laguna Beach, CA 92651


HIGHLIGHTS

  • Prime Laguna Canyon Location
  • Rare Opportunity - First time on the market
  • High Traffic Count

OVERVIEW

Incredible opportunity to own an industrial property on the extremely sought after Laguna Canyon. High traffic and visibility, just a mile to the beach.  First time this property is for sale. The property has been held by the same family who built and operated it from 1965. The building has one vacancy which was being used by ownership but was held vacant in preparation for sale.  Please request any financials by using the Loopnet data room. No Co-op broker commission will be paid. Buyer's broker to be compensated by buyer. Income listed includes actual and pro forma rent for vacant space. Leases are all Gross. Only suite 2085 is vacant. Property is not ADA compliant, not possible to bring up to code. ADA lawsuit in 2024 was settled. Property exterior has irrevocable access easement given to adjacent property at 2100-2139 Laguna Canyon Rd. Roof is approx 20 years old with occasional leaks. Each unit has individual electric meter. Owner pays electric for units that are split as A/B on rent roll. Do not disturb tenants, any reported disturbances will result in automatic disqualification of your offer. Offers due by February 28,2025 at 12pm.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$311 USD /SF

CAP RATE

4.88%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Warner-Weiner Center

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

Lighting, Gas, Water - City, Sewer - City, Heating

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

59

LAND DETAILS

LAND ACRES

1.15

LAND SF

50,094

ZONING

M1-A

APN/PARCEL ID

632-111-05

ASK ABOUT THIS PROPERTY

Yitzy PearsonPearson PropertiesMore Info
323-216-0575

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Yitzy PearsonPearson PropertiesMore Info
323-216-0575

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.