1461 Glenneyre St
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1461 Glenneyre St
3,850 SF 10% Leased Office Building Laguna Beach, CA 92651 $5,267,550 CAD ($1,368 CAD/SF) 4.21% 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.
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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
$5,267,550 CAD
Price Per SF
$1,368 CAD
Cap Rate
4.21%
NOI
$221,939 CAD
Percent Leased
10%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,765 SF
Slab To Slab
11’
Building FAR
0.80
Land Acres
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 ®
Very Walkable (89)
PROPERTY TAXES
Parcel Number | 644-212-06 | Improvements Assessment | $441,936 CAD |
Land Assessment | $2,798,929 CAD | Total Assessment | $3,240,865 CAD |
PROPERTY TAXES
Parcel Number
644-212-06
Land Assessment
$2,798,929 CAD
Improvements Assessment
$441,936 CAD
Total Assessment
$3,240,865 CAD
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1461 Glenneyre St
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