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312 Broadway St
Laguna Beach, CA 92651

Harbor Cove · Multifamily Property For Sale · 15 Units

Investment Highlights

  • 1989 Construction
  • Affluent Demographic Area
  • High Barrier to Entry
  • Ample Parking for Tenants - (26) Subterranean parking spaces
  • Irreplaceable Laguna Beach Location
  • Pride of Ownership Asset in One of the Premier Recreational Areas in California

PROPERTY FACTS

No. Units 15
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.37 AC
Building Size 7,831 SF
No. Stories 3
Year Built 1989
Parking Ratio 1.53/1,000 SF

Unit Amenities

  • Balcony
  • Microwave
  • Ceiling Fans
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Tub/Shower
  • Views

About 312 Broadway St , Laguna Beach, CA 92651

The building was built in 1989 with a parking garage consisting of (26) subterranean parking spaces & (4) open surface parking spaces. This ample supply of parking is rarely seen for any properties in the downtown area. The commercial units all have access to patios and seating areas onsite The city of Laguna Beach has put a moratorium on financial institutions making this site a rare site for the use. The property is in a very affluent demographic area that boasts one of the highest densities of households with annual incomes over $100,000 in Orange County with over 45% of its residents identifying as such. There were 12,923 housing units of which 62.5% were owner-occupied and 40.0% were occupied by renters. With a population of 23,224 people, Laguna Beach has a median household income of $117,586 with only 6.6% of the population living below the federal poverty line.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 15 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 496-012-34
  • 496-012-33
Land Assessment
$10,991,887
Improvements Assessment
$3,065,018
Total Assessment
$14,056,905

zoning

Zoning Code CBD-2
CBD-2
  • Listing ID: 17917777

  • Date on Market: 12/9/2019

  • Last Updated:

  • Address: 312 Broadway St, Laguna Beach, CA 92651

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