$1,850,000
227 W Canada San Clemente, CA 92672
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$1,850,000
Est. payment /mo
4 Beds
4 Baths
3,920 Sqft Lot
UPDATED:
11/22/2024 03:48 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24233737
Bedrooms 4
HOA Y/N No
Lot Size 3,920 Sqft
Property Description
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. Heres 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 thats 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: Theres 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 Its a Great Deal: Price: Listed at $1,850,000 its a solid investment in the South OC area. Growth Potential: With plans for more units and other income opportunities, theres 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 youre looking to invest, this place is definitely worth a look!
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. Heres 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 thats 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: Theres 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 Its a Great Deal: Price: Listed at $1,850,000 its a solid investment in the South OC area. Growth Potential: With plans for more units and other income opportunities, theres 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 youre looking to invest, this place is definitely worth a look!
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. Heres 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 thats 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: Theres 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 Its a Great Deal: Price: Listed at $1,850,000 its a solid investment in the South OC area. Growth Potential: With plans for more units and other income opportunities, theres 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 youre looking to invest, this place is definitely worth a look!
Location
State CA
County Orange
Area Oc - San Clemente (92672)
Zoning Assessor
Building
Lot Description Sidewalks
Story 2
Lot Size Range 1-3999 SF
Level or Stories 1 Story
Others
Monthly Total Fees $2
Acceptable Financing Cash
Space Rent $2,370
Listing Terms Cash
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Listed by Rules Manager • Compass
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878