Updated Dec 4, 2024
Buchanan Street Partners Acquires Laguna Hills Office For $28.1M
24422 Avenida De La Carlota, Laguna Hills, California 92653, United States
$28,100,000
$234,166/SF
Building Size
120 SF
Asset Type
Office
Closing
Dec 21, 2022
About this deal
AI
The property involved in this closed transaction is an office located at 24422 Avenida De La Carlota in Laguna Hills. The transaction took place on December 21, 2022. The property spans 120,354 square feet and is located in the Laguna Hills market. The property was sold for a total price of $28,100,000, resulting in a price per square foot of $233.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $28,100,000
- Address: 24422 Avenida De La Carlota, Laguna Hills
- Market: Laguna Hills
- Square Footage: 120,354
- Price Per Square Foot: $233
The buyer in this transaction was Buchanan Street Partners. The brokers involved in the deal were Kevin Shannon, Paul Jones, and Brandon White from Newmark.
On the Map
$28,100,000
$234,166/SF
Office
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Players
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
0.56%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93