305 Forest Ave / Laguna Beach, CA 92651

$4,495,000

Laguna Beachhouse for sale, Laguna Beach 0br house for sale, Laguna Beach Commercial house for sale, Laguna Beach house for sale - $4,495,000

305 Forest Ave, Laguna Beach, CA 92651 real estate photos

Bedrooms: Bathrooms Sq. Feet Year Built
0 0 N/A N/A
MLS#: L28028
Courtesy of: Cary Glenn / Main Beach Realty
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Additional Property Info

MLS# L28028
Style: Unavailable
Taxes(2009): Unavailable
Parking Type: Unavailable
Roof: Unavailable
Property Description:
  • HUGE PRICE REDUCTION!! THE BEST COMMERCIAL RETAIL LOCATION IN LAGUNA BEACH! LOCATED IN THE HEART OF DOWNTOWN LAGUNA ON THE CORNER OF FOREST AVENUE AND GLENNEYRE. THIS PROPERTY IS A LAGUNA BEACH LANDMARK! PERFECT FOR AN INVESTOR OR AN OWNER/USER. THE PROPERTY IS 100% LEASED WITH ANNUAL RENT INCREASES. ALL LEASES ARE TRUE TRIPLE NET. LAND IS ON A 36 YEAR GROUND LEASE. CURRENT CAP RATE IS 5.5% WITH GOOD UPSIDE POTENTIAL BASED ON ESTABLISHED RENT INCREASES.
Water Sewage
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  • Connected & Paid
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  • 305 Forest Ave, Laguna Beach, CA 92651
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  • Kenneth Guziak
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