Located in South Laguna Village, this is an investment property that consist of four apartments and two retail spaces.
Each of the two retail spaces have businesses that have proven track records as they each exceed fifteen years in their spaces.
The tenants at this building love living here as they are paying the rent in the full amount an in a timely manner throughout the pandemic of COVID-19.
The apartments have been upgraded inside with newer kitchen cabinets and fixtures.
In recent years, investment real estate in Laguna Beach has traded in the range of 2.5% to 3% cap rates.
Please visit www.PacificSouthCoast.com to find our brochure.