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Sean Riley
CB Richard Ellis, Inc.
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Excellent 3 unit multifamily investment property located near Downtown San Clemente. This property is well located near shops, restaurants, and within close proximity to the beach. Long term ownership with large upside to increase rental income. Unit mix is two 2 bed/2 bath units and one 2 bed/1 bath unit. Each tenant has their own garage space. Roof was replaced in 2020 and two of the three units have renovated kitchens and bathrooms. The ground floor unit has a large private patio and the upstairs units each have a private balcony. Separately metered for gas and electric. This location has a high walkability score so most tenant errands can be accomplished nearby.
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Total Bedrooms : 6
Total Baths: 5
Full Baths: 0
Half Baths: 0
Year Built: 1965
Building Area Total: 2,942
None
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.0978
Lot Size Dimensions: 40x106
Lot Size Source: Assessor
Lot Size Square Feet: 4262
Original List Price: 1,750,000
Listing Contract Date: 2024-01-16
Listing Agreement: Exclusive Right To Sell
Parcel Number: 05809408
Garage Description: Door-Single,Garage,Uncovered
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: SC - San Clemente Central
Postal Code Plus 4: 1960
Directions: 5 Freeway exit East Avenida Palizada to North El Camino Real to Avenida Algodon
Source Property Type: Residential Income
Area: SC - San Clemente Central
Property Age: 59
Year Built Source: Vendor Enhanced
Total Square Feet Living: 2942
Levels or Stories: Multi/Split
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 | $1,600,000 | 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 04/27/2024 @ 02:33
MLS: 24349251
LISTED BY: Sean Riley, CB Richard Ellis, Inc.
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.