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312 Broadway Street, Laguna...

Joe Hanauer Acquires Mixed-Use Property In Laguna Beach From Henry Haimsohn, Jay Goulding & Ronald Gerber
SOLDMixed-use

Joe Hanauer Acquires Mixed-Use Property In Laguna Beach From Henry Haimsohn, Jay Goulding & Ronald Gerber

312 Broadway Street, Laguna Beach, CA, USA

$8,200,000

$523/SF

Building Size

15,669 SF

Asset Type

Mixed-use

Closing

Dec 30, 2020

AI

A mixed-use property located at 312 Broadway Street in Laguna Beach was recently sold. The transaction took place on December 31, 2020. The property spans approximately 15,669 square feet and is situated in the Laguna Beach market. The sale price for this property was $8,200,000, resulting in a price per square foot of $523.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $8,200,000
  • Address: 312 Broadway Street, Laguna Beach
  • Market: Laguna Beach

The buyer of this property is Joe Hanauer, while the sellers are Henry Haimsohn, Jay Goulding, and Ronald Gerber. The deal was facilitated by Nathan Holthouser from Coastal Commercial and Daniel Blackwell from CBRE. They acted as the brokers in this transaction.

Players

Daniel Blackwell

CBRE

Broker

$439.4M

vol

61 deals

Broker

Laguna Beach Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.93%

Cash-on-Cash

-0.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93