With its outstanding location in the heart of San Clemente and an impeccable tenant history, this eight-unit apartment building presents one of the best commercial residential income opportunities in coastal Orange County. Just minutes from the beach, San Clemente’s classic pier, an elementary school, parks, and wonderful shopping and dining attractions along Avenida del Mar, the two-story 1960 Mid-Century Modern building is professionally managed and beautifully maintained inside and out. Eight apartments are centered around a quiet courtyard garden, with four featuring two bedrooms and one- and one-half baths, and four offering one bedroom and one bath. Total living space spans approximately 6,036 square feet, and the rare double sized lot property encompasses about 9,583 square feet. Upgrades include dual-pane windows, upper-floor balcony arbors, a newer roof, and easy-care wood-inspired laminate flooring. A laundry room is featured, and each unit includes a private one-car garage with roll-up door. Located west of I-5, this classic apartment building is a short stroll from Max Berg Plaza Park, and stores and restaurants that line El Camino Real. Dana Point’s harbor and lively Lantern Village are only moments away. This is a great long term steady investment in a town with strong rents and rising property values. San Clemente is one of the nicest beach towns with great climate with an extremely low vacancy on apartments.
|
DAYS ON MARKET
|
155
|
LAST UPDATED
|
10/16/2024
|
|
TRACT
|
,Custom Built
|
YEAR BUILT
|
1960
|
|
COMMUNITY
|
San Clemente Central
|
GARAGE SPACES
|
8.0
|
|
COUNTY
|
Orange
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
|
Prior to Aug 9, '24
|
$4,895,000
|
| Aug 9, '24 - Today |
$4,395,000 |
| AIR |
None |
| APPLIANCES |
Disposal, Electric Range, Gas Range |
| AREA |
San Clemente Central |
| CONSTRUCTION |
Stucco |
| GARAGE |
Assigned, Circular Driveway, Door-Single, Driveway Level, Garage, Paved, Yes |
| HEAT |
Wall Furnace |
| HOA DUES |
0 |
| INTERIOR |
Balcony, Laminate Counters |
| LOT |
9583 sq ft |
| LOT DESCRIPTION |
Street Level |
| PARKING |
Assigned,Circular Driveway,Driveway Level,Door-Single,Garage,Paved |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| SUBDIVISION |
,Custom Built |
| UTILITIES |
Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected |
| WATER |
Public |
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Listed with Inhabit Real Estate
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/26/24 4:28 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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