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23041 Avenida De La Carlota

View Point LLC Sells 68000 Square Foot Office In Laguna Hills For $15.5 Million
SOLDOffice

View Point LLC Sells 68000 Square Foot Office In Laguna Hills For $15.5 Million

23041 Avenida De La Carlota

$15,500,000

$227/SF

Building Size

68,000 SF

Asset Type

Office

Closing

Mar 27, 2025

AI

An office building located at 23041 Avenida De La Carlota in Laguna Hills has been sold for $15,500,000. The asset spans 68,000 square feet, making the price per square foot approximately $228.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $15,500,000
  • Square Footage: 68,000
  • Address: 23041 Avenida De La Carlota
  • Market: Laguna Hills
  • Seller: Gor Mnatsakanyan, Hayk Mnatsakanyan & Andrew Harper - View Point LLC

View Point LLC completed the sale of Plaza Pointe, which includes tenants such as Kaiser Permanente, Data Center Warehouse, and Terracon. The property was previously acquired from Lincoln Property Group in 2023.

Players

Andrew Harper

Seller

$1B

vol

15 deals

Seller

Laguna Hills Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.02%

Cash-on-Cash

-0.29%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93