Mermaid Mixed-Use Opportunity
395 2nd Street,
Laguna Beach, CA 92651
TWO RESIDENTIAL UNITS / ONE OFFICE
$1,595,000
Offering Price
26.91
GRM
$531,667
Price Per Unit
3
Number of Units
2.29%
Cap Rate
1,826
Building SF
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$1,595,000
Offering Price
26.91
GRM
$531,667
Price Per Unit
3
Number of Units
2.29%
Cap Rate
1,826
Building SF
Investment Summary
This is an amazing opportunity to own a property in this incredible location of the downtown area of Laguna Beach in the 4% Cap Rate range. The structure of 1,826 SF was built in 1964 on a 1,321 SF lot. Two residential units 1bd/1ba and one office space of 833 SF.
Investment Highlights
Upside in Rental Income
Walk into the Village
Walk to the Main Beach
FOR MORE DETAILS CONTACT
John Gessford
Senior Vice President | Principal
(949) 278-6645
jgessford@lee-associates.com
01137479
Dean Lueck
(949) 275-1801
dlueck@cox.net
01752859
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