NorthMarq Brokers Sell Laguna Beach Multifamily For $9M

The multifamily property located at 2442 South Coast Highway in Laguna Beach was sold for $9,000,000. This property consists of 8 units with a total square footage of 8,750. The sale price per unit was $1,125,000, and the price per square foot was $1,029.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,000,000
• Units: 8
• Price Per Unit: $1,125,000
• Square Footage: 8,750
• Price Per Square Foot: $1,029
• Address: 2442 South Coast Highway, Laguna Beach

Peter Hauser and Matt Hauser of NorthMarq served as the brokers in this transaction. They represented the parties involved in the deal, facilitating the successful sale of the multifamily property.