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1461 Glenneyre St 3,850 SF 10% Leased Office Building Laguna Beach, CA 92651 $3,190,000 ($828.57/SF) 4.95% Cap Rate
INVESTMENT HIGHLIGHTS
- Onsite Garage Parking
- Highly Upgraded Interiors
- Premium Location
EXECUTIVE SUMMARY
This unique, high-tech luxury office building has been beautifully renovated and upgraded to suit a wide variety of potential tenants. With five off-street and three garage parking spaces, the five separate units also feature new windows, doors and roof, central air conditioning, full security system by suite, T-1 lines into the building, hardwiring for a central server, and $600,000 in millwork and custom upgrades.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,850 SF
Building Class
B
Year Built
1981
Price
$3,190,000
Price Per SF
$828.57
Cap Rate
4.95%
NOI
$158,000
Percent Leased
10%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,765 SF
Slab To Slab
11’
Building FAR
0.80
Lot Size
0.11 AC
Zoning
LBP, Laguna Beach
Parking
2 Spaces (1.42 Spaces per 1,000 SF Leased)
AMENITIES
- Controlled Access
- Courtyard
- Fireplace
- Security System
- Signage
- Skylights
- Kitchen
- Accent Lighting
- Storage Space
- Central Heating
- Partitioned Offices
- Shower Facilities
- Air Conditioning
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Walk Score®
Walker's Paradise (91)
PROPERTY TAXES
| Parcel Number | 644-212-06 | Improvements Assessment | $328,093 |
| Land Assessment | $2,077,925 | Total Assessment | $2,406,018 |
PROPERTY TAXES
Parcel Number
644-212-06
Land Assessment
$2,077,925
Improvements Assessment
$328,093
Total Assessment
$2,406,018
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1461 Glenneyre St
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