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1461 Glenneyre St 3,850 SF 10% Leased Office Building Laguna Beach, CA 92651 $4,351,926 CAD ($1,130.37 CAD/SF) 4.95% Cap Rate
Investment Highlights
- On-site garage parking available
- Interior spaces feature recent upgrades
- Location within a well-established area
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
$4,351,926 CAD
Price Per SF
$1,130.37 CAD
Cap Rate
4.95%
NOI
$215,550 CAD
Percent Leased
10%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,765 SF
Slab To Slab
11’
Building FAR
0.74
Lot Size
0.12 AC
Zoning
LBP, Laguna Beach - Limited Business Park
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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Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 644-212-06 | Improvements Assessment | $451,630 CAD |
| Land Assessment | $2,860,326 CAD | Total Assessment | $3,311,956 CAD |
Property Taxes
Parcel Number
644-212-06
Land Assessment
$2,860,326 CAD
Improvements Assessment
$451,630 CAD
Total Assessment
$3,311,956 CAD
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1461 Glenneyre St
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