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
Laguna Beach Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
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