205 West Escalones, San Clemente, CA 92672
- $1,950,000
- Sold Price
- $1,950,000
- List Price
- $1,895,000
- Closing Date
- May 15, 2023
- Status
- CLOSED
- MLS#
- OC23045685
- Year Built
- 1971
- Lot Size
- 3,920
- Acres
- 0.09
- Lot Location
- Walkstreet
- Days on Market
- 6
- Property Type
- Multifamily
- Style
- Spanish
- Property Sub Type
- Triplex
- Stories
- Three Or More Levels
- Neighborhood
- /
Property Description
Welcome to a rare and unique investment opportunity in the heart of San Clemente! This beach-close multi-family residential building features four units and is a great opportunity for anyone looking to invest in Southern California real estate. The building is located in Central San Clemente, just steps away from the ocean, and offers stunning ocean views from the upper unit's deck. This is a fantastic location for tenants who want to live in a desirable coastal community with easy access to the beach, shops, and restaurants. The building boasts 3,332 square feet of living space on a lot of 3,920 square feet. The four units include three 2-bedroom, 1.5-bathroom units, and one studio. Each unit has been well-maintained and features functional layouts, making them perfect for tenants looking for comfortable and convenient living spaces. The upper unit's deck is an ideal spot for tenants to relax and soak up the sun while enjoying stunning ocean views. The property also includes a private outdoor space, which provides tenants with an opportunity to enjoy the beautiful Southern California weather. This multi-family residential building presents a great opportunity for investors looking to increase their rental property portfolio. With the current high demand for housing in San Clemente, this property is well-positioned to generate a steady income stream. Additionally, this investment offers the potential for long-term capital appreciation due to the property's prime location and the strong demand for real estate in San Clemente. In summary, this rare beach-close investment opportunity in Central San Clemente is a fantastic chance for anyone looking to invest in Southern California real estate. With its four units, ocean views, and desirable location, this multi-family residential building is an ideal investment for anyone looking to generate a steady income stream while enjoying long-term capital appreciation potential. Don't miss out on this unique investment opportunity!
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Additional Information
- Appliances
- Built-In Range, Gas Cooktop, Disposal, Gas Range, Vented Exhaust Fan
- Pool Description
- None
- Heat
- Forced Air
- Cooling Description
- None
- View
- Hills, Neighborhood, Ocean, Peek-A-Boo
- Exterior Construction
- Stucco
- Roof
- Flat
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s), Pantry, Tile Counters
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $115,200
- Operating Expense
- 26159
Listing courtesy of Listing Agent: Doug Echelberger (doug@echelberger.com) from Listing Office: Pacific Sotheby's Int'l Realty.
Listing sold by Jordan Bennett from Regency Real Estate Brokers
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.