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2075 Laguna Canyon Road

Yaakov Brenenson Of Laguna Property Group Acquires Industrial Property In Laguna Beach For $7.25M
SOLDIndustrial

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

Yitzy Pearson

Broker

$45.8M

vol

6 deals

Broker
Pearson Realty Group
Pearson Realty GroupBrokerage

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