• 117 Avenida Algodon San Clemente, CA 92672

  • $1,750,000
  • 6
    Bed(s)
  • 0
    Baths
  • 2,942
    Sq Ft
  • 4262
    Sqft
  • Listed By: Sean Riley, CB Richard Ellis, Inc., DRE #01920511
  • Source: CRMLS

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.

Property Type :

Residential Income

County :

Orange

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 6

Bathroom Information

Total Baths: 5

Full Baths: 0

Half Baths: 0

Building Information

Year Built: 1965

Building Area Total: 2,942

Pool Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.0978

Lot Size Dimensions: 40x106

Lot Size Source: Assessor

Lot Size Square Feet: 4262

Listing Price Information

Original List Price: 1,750,000

Listing Contract Date: 2024-01-16

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 05809408

Garage and Parking

Garage Description: Door-Single,Garage,Uncovered

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

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

Building and Construction

Property Age: 59

Year Built Source: Vendor Enhanced

Total Square Feet Living: 2942

Levels or Stories: Multi/Split

Nearby Home Value

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.

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