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Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $1,000
MLS Listing ID 21-734522
Sold Date 09/01/21
Year Built 1954
Lot Size 1,307 Sqft
Acres 0.03
Property Sub-Type Office
Property Description
The 3rd Street office building is an ideal opportunity for a real estate investor to take advantage of purchasing a quality office building located in the heart of Laguna Beach. A major advantage of the 3rd Street property is the ability to purchase as an investment or utilize the space as a personal office. The properties current rent levels are slightly below market, allowing the ability for the new owner to take advantage of increasing rents to market levels. The 3rd Street Offices at Laguna is the perfect office investment opportunity with projected long-term market stability, positive rental growth fundamentals, outstanding sub-market beach location, tax and long-term appreciation benefits.
Location
State CA
County Orange
Area Laguna Village
Building
Story 1
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Avison Young – Southern CA LTD
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Ivan Perez
Broker Associate | License ID: 01952891
Broker Associate License ID: 01952891