Sold Price:

$7,400,000

Cap Rate:

2.84%

Price/SF:

$339.51

Price/Unit:

$760,000

Gross Building Area:

22,385 SF

Lot Size:

13,991 SF

Status:

Closed

Submarket:

Central, Coastal

Property Type:

Mixed-Use

Strategy:

Value Add

INVESTMENT HIGHLIGHTS

• 13,991 square feet of land zoned R-4 with the Orange Avenue Corridor

  Specific Plan (OACSP) overlay

• Potential to build up to 12 units

• Approximately 140 feet of frontage along Orange Avenue

Listed By:

Aaron Bove
Senior Vice President, Investments
aaronbove@thebovegroup.com
(858) 373-3237