Dolores Warner Sells Industrial Asset At 2075 Laguna Canyon Road 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
This industrial property located at 2075 Laguna Canyon Road in Laguna Beach was sold for $7,250,000. The asset encompasses 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
- Address: 2075 Laguna Canyon Road
- Market: Laguna Beach
- Square Footage: 21,500
- Price Per Square Foot: $337
- Seller: Dolores Warner
- Buyer's Representative: Joseph Yomtoubian
- Seller's Representative: Yitzy Pearson - Pearson Real Estate Group
Joseph Yomtoubian represented the buyer in this transaction, while Yitzy Pearson, from Pearson Real Estate Group, represented the seller, Dolores Warner. The transaction reflects the ongoing dynamics in the industrial real estate market within the Laguna Beach area.
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