122 E El Portal, San Clemente, CA 92672

$1,499,000
Sold Price
$1,499,000
List Price
$1,505,000
Closing Date
Apr 25, 2023
Status
CLOSED
MLS#
SW23046655
Year Built
1964
Lot Size
5,266
Acres
0.12
Lot Location
Irregular Lot
Days on Market
3
Property Type
Multifamily
Property Sub Type
Duplex
Stories
One Level, Two Levels

Property Description

Great opportunity to own an income producing property on the west side of freeway. Just blocks away from downtown, pier, and beaches. Upstairs unit has peak ocean view. It is a two bedroom and one bath unit. Laminate flooring throughout living room, hallway, and one bedroom. It also comes with a carport and semi private use yard. Upstairs unit was built over the garage and carport. So noone is above or below the other unit. The downstairs unit is three bedroom and 1.75 baths. Master bedroom has his and her closets. Secondary bedroom comes with a walkin closet. It has a separate laundry room off the kitchen. There is currently laminate flooring through the home, but I was told from tenant that the original hardwood is still intact underneath. It has a good size front and side yard. There is also a little artist studio in the back. Downstairs unit also comes with a two car garage. This unit has two water heaters servicing it so hot water is always ready. So much potential for this property! This is a great opportunit for long term rental income. So much upside. Dont let this one pass you by!

Additional Information

Pool Description
None
Heat
Forced Air, Wall Furnace
Roof
Composition
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$36,600
Operating Expense
5313

Listing courtesy of Listing Agent: Bernie Truax (BLTX3@MSN.COM) from Listing Office: Truax Properties Inc..

Listing sold by Rebecca Korss from RE/MAX Select One

Mortgage Calculator

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Calculator source: Real Geeks

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.