***PLEASE DO NOT DISTURB CURRENT TENANTS AND READ ALL INFORMATION BELOW BEFORE INQUIRING*** **34118 PCH is listed at $3,300,000 and 34171 Granada (duplex) is listed at $1,300,000** *Must be sold together* The properties are located on PCH between Ruby Lantern and Amber Lantern. 34118 Pacific Coast Highway has abundant street and private parking, a rarity in Dana Point. Currently 100% leased, this two-story freestanding building consists of five (5) ground level retail/office units and two (2) office tenants on the second floor. The building underwent a substantial renovation in 2016, updating the restrooms, roof, common areas, interior offices, electrical, and exterior landscaping. Current gross income for the building is just under $186,000 annually with current net income ±$156,000 annually. Please contact listing agent for rent roll and other financial information and to sign NDA. 34118 PCH and 34171 Granada Drive (residential duplex with large parking lot for commercial building) are being offered together for sale and must be sold together due to the parking area for the commercial building being located on the lot shared with the duplex. 34171 Granada Drive is a duplex (separate listing at $1,300,000 but being sold together with 34118 PCH) with approx. 1,350 SF between two units. One unit is vacant and recently remodeled (upstairs unit) with a market rent between $3,000 - $3,400. The ground floor unit is currently occupied with below market rents. Please read through the attached brochure for more information and the frequently asked questions below for additional clarity. FAQ Why are they being sold? The main party of the trust who owns the property recently passed away and the trustee is in charge of selling the asset(s). Why do they have to be bought together? The main parking area for the commercial building is located on the lot across the alley which also contains the duplex (34171 Granada Drive). Selling them to different owners may present some challenges regarding parking considering the current tenants in the commercial buildings have reserved parking in this lot. While it may be possible to finance the properties separately to take advantage of residential rates for the duplex, the Seller does not wish to transfer them to two different buyers. What is the current condition of the building(s)? The Seller (trustee for the trust) has limited knowledge of the properties and is selling both "as-is, where-is". The commercial building is 100% leased while the duplex has one unit vacant that was recently remodeled. Can you provide any information about the renovation in 2016? There was a fire within the building in 2015 and it underwent substantial renovation in 2016 including electrical, plumbing, restrooms, roof, etc. Building plans from this time can be provided as part of the due diligence material once escrow is opened. Listing broker nor Seller have any additional information outside of these plans. Should I go and walk the building and disturb tenants during their business hours? NO! I have to answer this again and state that you should not walk the building without going through the listing broker to set up a tour since some people/brokers don't think this applies to them . Please respect the current tenants on-site and allow them to operate without disruption.