Property listed by Pacific Sotheby's Int'l Realty, Ryan Tarr 714-612-1386
$6,250,000
Exceptional opportunity to acquire an 8-unit multifamily property ideally located in San Clemente, CA. This well-designed asset features eight 2 bedroom, 2-bathroom units, offering an attractive unit mix that consistently appeals to long-term tenants and coastal renters alike. Each unit boasts a functional layout with generous living space, ample natural… Read More light, and private bedrooms with en-suite or conveniently located bathrooms. Situated in a prime San Clemente location, the property is just minutes from beaches, downtown San Clemente, shopping, dining, and major transportation routes, making it highly desirable for both tenants and investors. The Buena Vista Street setting offers a balance of coastal lifestyle and neighborhood charm.
This asset presents excellent upside potential through continued market appreciation, making it ideal for both seasoned investors and those seeking a long-term hold in a supply-constrained coastal submarket. Read Less
Listing Snapshot
Days Online
132
Last Updated
Property Type
Apartment
Lot Size
0.31 Acres
Year Built
1972
MLS Number
NP26004715
Additional Details
Appliances & Equipment
Dishwasher, ElectricOven, ElectricRange
Building
Built in 1972, 1 building, 2 stories, Levels: ThreeOrMore, Entry level: 1, Entry location: 1
Community
Sidewalks
Cooling
None
Expenses
Insurance: $11,380, Operating: $28,659
Fireplaces
None
Garage
8 spaces
Heating
None
Home Owner's Association
Association Fee: $0
Income
Gross Income: $247,637, Gross ScheduledIncome: $275,260, Net Operating Income: $247,637
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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