Thank you
Rick Applebaum
Morgan Skenderian
949-251-8800
Pleased to present the Sea Wind Apartments, a rare and remarkable investment opportunity in the heart of San Clemente. Located at 122 Avenida Del Reposo and 141 Avenida Florencia, this meticulously crafted property features (7) 2BR/1.5BA units approaching 1,100 SF each and a charming 1BR/1BA residence. Four of the two-bedroom units offer an unparalleled vantage point, allowing residents to savor breathtaking ocean views and sunsets while the remaining units enjoy wonderful city light views looking over North Beach. The Property is enhanced by a range of amenities and upgrades that elevate the living experience. Residents can bask in the coastal breeze on private patios and balconies and soak in the sounds of rhythmic crashing waves just blocks away from their front doors. A convenient on-site laundry room ensures hassle-free living, while garages and carport parking provide ample space for tenants' vehicles. With four of the interiors recently renovated with modern finishes, a new investor will see the path to continued growth. This extraordinary investment opportunity is perfectly positioned to capture the essence of coastal living, with the added allure of being located in the gentrifying North Beach. North Beach in San Clemente, California epitomizes coastal charm with its picturesque setting and vibrant atmosphere. In recent years, North Beach has undergone a remarkable redevelopment, transforming into a vibrant destination that seamlessly blends coast charm with modern amenities. The redevelopment initiatives have revitalized the area, enhancing its appeal to both locals and visitors alike.
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Water Source : Public
Sewer : Public Sewer
Year Built: 1963
Building Area Total: 8,325
None
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.2166
Lot Size Source: Assessor
Lot Size Square Feet: 9435
Original List Price: 4,895,000
Listing Contract Date: 2024-03-29
Listing Agreement: Exclusive Right To Sell
Parcel Number: 69236112
Annual Tax: 19431
Garage Description: Assigned
Lease Term: Negotiable
Tenant Pays: Electricity,Gas
Source Listing Status: Active
Source Neighborhood: 699 - Not Defined
Postal Code Plus 4: 5028
Directions: South of El Camino Real and West of Avenida De La Grulla
Source Property Type: Residential Income
Area: 699 - Not Defined
Property SubType: Apartment
Property Age: 61
Common Walls: 1 Common Wall
Structure Type: Apartment
Year Built Source: Assessor
Entry Level: 1
Entry Location: 1
Property Attached: Yes
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
170 Avenida Presidio, San Clemente, CA,92672 | $5,000,000 | -- | -- | -- | 1495201 Sqft |
35555 Camino Capistrano, San Clemente, CA,92672 | $10,950,000 | 4 | 4 | 5,100 | 12197 Sqft |
1909 Avenida Salvador, San Clemente, CA,92672 | $955,000 | -- | -- | -- | 14510 Sqft |
El Levante, San Clemente, CA,92672 | $65,000 | -- | -- | -- | 14810 Sqft |
1880 N El Camino Real #.., San Clemente, CA,92672 | $7,995,000 | 7 | 5 | 3,400 | 6500 Sqft |
206 Avenida Montalvo #14, San Clemente, CA,92672 | $4,500 | 2 | 2 | 1,625 | 1625 Sqft |
112 W Mariposa, San Clemente, CA,92672 | $1,500,000 | 2 | 1 | 1,504 | 3202 Sqft |
22 Calle Ameno, San Clemente, CA,92672 | $3,649,000 | 5 | 3 | 5,600 | 7700 Sqft |
2232 Avenida Del Presid.., San Clemente, CA,92672 | $1,397,000 | 3 | 2 | 1,169 | 5520 Sqft |
423 Avenida Granada #32, San Clemente, CA,92672 | $6,150 | 2 | 3 | 1,553 | 46000 Sqft |
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ByOwner last updated this listing 05/03/2024 @ 09:29
MLS: PW24062579
LISTED BY: Rick Applebaum, Morgan Skenderian
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.