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Check out this awesome triplex in San Clemente! It's in a prime spot, just a short walk to the beach, parks, schools, and all the cool shops and restaurants downtown. Here’s what makes it a great find:Highlights:Location: Right in the heart of coastal San Clemente, super close to three beach access points.Units:Unit #1: 1 bed/1 bath with a big private balcony, rented month-to-month.Unit #2: 1 bed/1 bath, recently updated with a balcony that has peek ocean views, leased until 2025.Unit #3: 2 bed/2 bath with a patio and deck, also rented month-to-month.Parking: Plenty of space with 6 spots (3 covered, 3 uncovered) and a big backyard that’s perfect for future projects.Investment Potential:ADU Plans: The city has approved plans for two extra 1 bed/1 bath units in the backyard, which could boost your annual income by $72,000.Extra Space: There’s a huge unfinished basement that could be turned into a community room, gym, or storage for extra cash. Plus, there's a laundry room that could bring in $400 a month.Why It’s a Great Deal:Price: Listed at $1,850,000 it’s a solid investment in the South OC area.Growth Potential: With plans for more units and other income opportunities, there’s lots of room to grow your investment.Upgrades: The building is well-kept with recent updates like a new water line, relined sewer, and new water heater.This triplex is a rare gem in the South OC market, offering both steady rental income now and lots of potential for the future. If you’re looking to invest, this place is definitely worth a look!
Property Type(s):
Residential Income
| Last Updated | 11/13/2024 | Tract | BEACH & DOWNTOWN CLOSE LOCATION |
|---|---|---|---|
| Year Built | 1964 | Community | San Clemente Southwest |
| County | Orange |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Disposal, Dryer, Gas Cooktop, Refrigerator, Washer |
| AREA | San Clemente Southwest |
| GARAGE | Attached Carport, Carport, Covered, On Site, One Space, Tandem, Uncovered |
| HEAT | Wall Furnace |
| HOA DUES | 0 |
| INTERIOR | Primary Suite |
| LOT | 3920 sq ft |
| LOT DESCRIPTION | Back Yard, Level, Near Park, Yard |
| PARKING | Attached Carport,Covered,Carport,On Site,One Space,Tandem,Uncovered |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | BEACH & DOWNTOWN CLOSE LOCATION |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood,Ocean,Peek-A-Boo |
| WATER | Public |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Ocean Side Of Freeway |
Location
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Listed with Compass
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