Arch By-The-Sea 222 sold a beachfront multifamily property in Laguna Beach to California LLC for about $7.6 million, or $585,000 per unit.
The 13-unit property at 222 Arch St. was built in 1971.
Each unit features panoramic ocean and coastline views, according to real estate brokerage firm Berkadia.
Brokers involved in the deal included senior directors Steven C. Brombal, Peter M. Hauser and Bruce Furniss of Berkadia.
Sale
15221 Barranca Parkway, Irvine
Space: 30,495 square feet
Building: industrial
Terms: five years; $1.6 million
Tenant: Eazy Systems Inc.
Landlord: The Northwestern Mutual Life Insurance Co.
Broker(s): Jordan DeMeis of Southwest Commercial; Trent Walker of Voit Real Estate Services Inc.
Lease
12062 Valley View St., Garden Grove
Price: $10 million
Building: office
Square feet: 67,660
Price per square foot: $147.06
Buyer: Super HK LLC
Seller: Valley View Office Park LLC
Broker(s): Brian Garbutt of Lee & Associates; Ling You of Telligent Group
Sale
765 W. 16th St., Newport Beach
Price: $3.9 million
Building: warehouse
Square feet: 15,000
Price per square foot: $258.67
Buyer: Lavender Hill LLC
Seller: Criterion Associates LLC
Broker(s): Mike Barreiro, Gavin Denniston of Daum Commercial Real Estate Services
Lease
300 S. Harbor Blvd., Anaheim
Space: 1,754 square feet
Building: office
Terms: 38 months; cost undisclosed
Tenant: undisclosed
Landlord: 300 S. Harbor Blvd.
Broker(s): Jaimeson Hearne, Jonmark Fabiano, Marshal Vogt of the Office Advisory Group; Erik Thompson of Lee & Associates
Sale
1103 S. Harbor Blvd., Santa Ana
Price: $1.5 million
Building: office
Square feet: 8,100
Price per square foot: $187.65
Buyer: undisclosed
Seller: undisclosed
Broker(s): David Lee of Masters Realty Eastern Group; Joseph Lising, Kenneth Guerrero of Marcus & Millichap
Sale
14191 Newport Ave., Tustin
Price: $1.2 million
Building: retail
Square feet: 2,900
Price per square foot: $413.79
Buyer: undisclosed
Seller: undisclosed
Broker(s): Eric Vu, Jeff Hauber of Hanley Investment Group Real Estate Advisors
