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- LoopNet Team
312 Broadway St
Laguna Beach, CA 92651
Harbor Cove · Multifamily Property For Sale · 15 Units
Investment Highlights
- 1989 Construction
- Affluent Demographic Area
- High Barrier to Entry
- Ample Parking for Tenants - (26) Subterranean parking spaces
- Irreplaceable Laguna Beach Location
- Pride of Ownership Asset in One of the Premier Recreational Areas in California
PROPERTY FACTS
| No. Units | 15 | Lot Size | 0.37 AC |
| Property Type | Multifamily | Building Size | 7,831 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built | 1989 |
| Building Class | B | Parking Ratio | 1.53/1,000 SF |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.37 AC |
| Building Size | 7,831 SF |
| No. Stories | 3 |
| Year Built | 1989 |
| Parking Ratio | 1.53/1,000 SF |
Unit Amenities
- Balcony
- Microwave
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Tub/Shower
- Views
About 312 Broadway St , Laguna Beach, CA 92651
The building was built in 1989 with a parking garage consisting of (26) subterranean parking spaces & (4) open surface parking spaces. This ample supply of parking is rarely seen for any properties in the downtown area. The commercial units all have access to patios and seating areas onsite The city of Laguna Beach has put a moratorium on financial institutions making this site a rare site for the use. The property is in a very affluent demographic area that boasts one of the highest densities of households with annual incomes over $100,000 in Orange County with over 45% of its residents identifying as such. There were 12,923 housing units of which 62.5% were owner-occupied and 40.0% were occupied by renters. With a population of 23,224 people, Laguna Beach has a median household income of $117,586 with only 6.6% of the population living below the federal poverty line.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 15 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $4,401,550 | |
| Land Assessment | $15,785,009 | Total Assessment | $20,186,558 |
PROPERTY TAXES
zoning
| Zoning Code | CBD-2 |
| CBD-2 |
