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Recent price reduction, motivated seller! 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(s):
Residential Income
| Last Updated | 9/16/2024 | Year Built | 1965 |
|---|---|---|---|
| Community | San Clemente Central | Garage Spaces | 3.0 |
| County | Orange |
Price History
| Prior to Mar 14, '24 | $1,800,000 |
|---|---|
| Mar 14, '24 - Jul 25, '24 | $1,750,000 |
| Jul 25, '24 - Today | $1,700,000 |
Additional Details
| AREA | San Clemente Central |
|---|---|
| GARAGE | Door-Single, Garage, Uncovered, Yes |
| LOT | 4262 sq ft |
| LOT DIMENSIONS | 40x106 |
| PARKING | Door-Single,Garage,Uncovered |
| POOL DESCRIPTION | None |
| STORIES | 2 |
Location
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Listed with CB Richard Ellis, Inc.
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