Yaakov Brenenson Of Laguna Property Group Acquires Industrial Property In Laguna Beach For $7.25M
2075 Laguna Canyon Road
$7,250,000
$337/SF
Building Size
21,500 SF
Asset Type
Industrial
Closing
Apr 17, 2025
AI
The asset involved in the transaction is an industrial property located at 2075 Laguna Canyon Road in the Laguna Beach market. The property was sold for a price of $7,250,000, encompassing a total area of 21,500 square feet, resulting in a price per square foot of $337.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,250,000
- Location: 2075 Laguna Canyon Road, Laguna Beach
- Square Footage: 21,500
- Price per Square Foot: $337
- Buyer: Yaakov Brenenson, Manager Member - Laguna Property Group
- Seller: Dolores Warner
- Buyer's Representative: Joseph Yomtoubian
- Seller's Representative: Yitzy Pearson - Pearson Real Estate Group
This transaction involved key individuals including buyer Yaakov Brenenson, representing Laguna Property Group, and seller Dolores Warner. The deal was facilitated by representatives Joseph Yomtoubian for the buyer and Yitzy Pearson for the seller, associated with Pearson Real Estate Group.
Players
Laguna Beach Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.19%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93