ArtLofts is a 28-unit multifamily property with a commercial art gallery and a flexible event space, situated on Laguna Canyon Road in the highly sought-after city of Laguna Beach, California. Built in 2023, the ArtLofts has a mix of single- and two-story work/live studios. At a cap rate of 4%, the ArtLofts is the highest cap rate listing currently being offered for sale in Laguna Beach. Seller Financing Available.
Total Floor Area:
16,895 sq. ft.1,570 m2
Lot Area:
38,783 sq. ft.3,603 m2
Bedrooms:
0
Full Bathrooms:
0
Three Quarter Bathrooms:
0
Half Bathrooms:
0
One Quarter Bathrooms:
0
Bathrooms:
29.0
(Full:0, Half:0)
General Listing Location:
Laguna Beach, LC - Laguna Canyon
County Or Parish:
Orange
Gross Income:
$1,192,089
Net Operating Income:
$688,310
Cap Rate %:
4.0
From CA-133 S toward Laguna Beach, Property will be on the left