4 UNITS WITH AN

OCEAN VIEW

222 WAVE STREET | LAGUNA BEACH, CA

HIGHLIGHTS

  • Pride of Ownership Location in Laguna Beach, California

 

  • Desirable Unit Count and Unit Mix

 

  • Walking Distance to the Beach and other Local Retailers

 

  • Within minutes of Main and Downtown Laguna

 

  • Minutes away from top Laguna Beach Educational Institutions – Laguna Beach Highschool and Thurston Middle School

 

  • Easy access to main roads: Pacific Coast Highway and Laguna Canyon Road.

PROPERTY INFO

Property Type: Multi-Family

Status: For Sale

Building Size (Total GLA): 2,204 SF

Lot Size: 4,356 SF

Year Built: 1940

iNVESTMENT PRICING

Price: $3,100,000

Cap Rate Current: 3.06%

Cap Rate Pro Forma: 3.40%

GRM Current: 21.53

GRM Pro Forma: 20.03

Price Per Unit: $775,000

Price Per Square Foot: $1,406.53

LEASE DETAILS

Units: 4

Unit Mix: 1 - Studio

1 - 2 Bed/1 Bath

2 - 2 Bed/2 Bath

Lease Type: Fee Simple

Occupancy: 100%

contact

Nathan Cohen
Associate
License No. 02082091
+1 949 942 1313
Nathan@vantiscap.com

STAY IN 
TOUCH

VANTIS CAPITAL ADVISORS

2 Park Plaza | Suite 300 | Irvine, CA 

949.942.1300

LOS ANGELES OFFICE COMING SOON

  • White Facebook Icon
  • White LinkedIn Icon
  • White Instagram Icon
  • White Twitter Icon