4/23/2008

California mixed-use site on the market for $12.25M

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A 1.84-acre mixed-use development site in Pismo Beach, Calif., has been placed on the sales block for $12.25 million and will be marketed by Marcus & Millichap.

Richard Ringer, a VP in the firm's West Los Angeles office, and Stephen Stein, VP of investments in the firm's Los Angeles office, will be representing the seller.

The site is comprised of seven adjacent lots one block from the northbound side of the Pacific Coast Highway. The lots are located at 331 Wadsworth Ave., 340 San Luis Ave., 360 San Luis Ave., 366 San Luis Ave., 1190 Dolliver St., 1111 Price St. and 1191 Price St.

Size: 1.84 acres

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Filed Under: Land

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