Mixed-Use Property with
For Sale
Contact for pricing
Pending
321-333 3rd Street, Laguna Beach, CA 92651
Income-producing building combining residential units, office suites, recent renovations, and on-site laundry.
Property SizeContact for details
Lot Size0.26 Acres
Days on Market144
Property Features for 321-333 3rd Street
General Information
Standard status
Pending
Lot size
0.26 Acres
Property subtype
Multifamily, Mixed Use
Occupancy
100%
Financials
Asking Price
$9,875,000
Cap Rate
4.98%
Units
Unit Mix
8 x 1BR/1BA
Multifamily Units
8
Office Units
12
Amenities
ample parking
on-site laundry
Building Details
Tenancy
Multi
Listing Agency:
Coastal Commercial
(949) 229-2273
Listed By:
Nathan Holthouser · License #CA 01838616
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 9:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coastal Commercial
Investment Insights
Based on property information with market context.
This mixed-use property combines 8 residential one-bedroom, one-bath units with 12 office and commercial spaces. The improvements provide approximately 11,069 square feet of gross leasable area across 3 separate parcels containing approximately 11,300 square feet of land. Residential units have recently been remodeled, and the exterior has been repainted. On-site amenities include parking and a laundry facility.
The property is located on 3rd Street in Laguna Beach and is currently 100% occupied. The offering includes an estimated mark-to-market cap rate of 4.98%, providing a combination of residential and commercial occupancy within one property.
The property is located on 3rd Street in Laguna Beach and is currently 100% occupied. The offering includes an estimated mark-to-market cap rate of 4.98%, providing a combination of residential and commercial occupancy within one property.
Key Highlights
- 8 residential units, each with 1 bedroom and 1 bath
- 12 office and commercial spaces
- Approximately 11,069 square feet of gross leasable area
Property Analytics
Current Use
Lease Details
12
Office units
8
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,030
Businesses Nearby
Explore this area
Business Placement
Demographics for 92651, CA
24,096
Population
13,913
Households
1.7
Avg Household Size
52
Median Age
68%
College-Educated
98%
High-School Grad
22.1 sq mi
ZIP Area
1,090
Density / Sq Mi
$143,569
Median Household Income
$77,830
Median Earnings
$2,812
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Income-producing building combining residential units, office suites, recent renovations, and on-site laundry.
Where is this mixed-use property located?
The property is located at 321-333 3rd Street Laguna Beach, CA.
What are key features of this property?
This property features: 8 residential units, each with 1 bedroom and 1 bath; 12 office and commercial spaces; Approximately 11,069 square feet of gross leasable area
