2535 Laguna Canyon Rd - Manufacturing FOR SALE


Laguna Beach, CA 92651
$4,950,000 USD
949-278-6645
2535 Laguna Canyon Rd, Laguna Beach, CA for Sale
$4,950,000 USD
Manufacturing - FOR SALE
1/4
null | 5.03% Cap Rate

2535 Laguna Canyon Rd
Laguna Beach, CA 92651


HIGHLIGHTS

  • Significant Rental Income Upside Potential
  • First time on the market in over 48 years
  • Download the Offering Memorandum from the Property Website

OVERVIEW

First time on the market in over 48 years. There is a Live/Work provision of the Municipal Code for artists. For the City's definition of "Artists" visit https://ecode360.com/42899656#42899664 The Cap Rate shown is Proforma. Download the offering memorandum from the property website: https://property.creop.com/41077/

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$602 USD /SF

CAP RATE

5.03%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

14 Unit Multi-Tenant Live/Work

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Loft/Creative Space, Service, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

6

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.93

LAND SF

40,354

ZONING

M1A

APN/PARCEL ID

632-091-12

ASK ABOUT THIS PROPERTY

John GessfordFirst Team Real EstateMore Info
949-278-6645

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

John GessfordFirst Team Real EstateMore Info
949-278-6645

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