Vallejo Family Trust Acquires Retail Property On Pacific Coast Highway For $5.1M

The retail property located at 2900 Pacific Coast Highway in Corona del Mar has been sold. The property spans 3,344 square feet and was sold at a price of $5,105,000, resulting in a price per square foot of $1,527.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $5,105,000
• Square footage: 3,344
• Address: 2900 Pacific Coast Highway, Corona del Mar
• Market: Corona del Mar

The buyer of the property is the Vallejo Family Trust, represented by Joseph & Lisa Vallejo. The sellers are Robert Newman, Harry Neman, Massoud Ahdout, and Saeed Ahdout. The transaction was facilitated by Nathan Holthouser of Coastal Commercial.