Price $2,850,000
Status Active
Beds 0
Baths 0 bath
Home size 2,902 sq ft
Lot Size 4,791 sqft
Days on Market 52
PRIME ONE OF A KIND LOCATION IN THE FAMOUS PIER BOWL AREA! RARE OPPORTUNITY FOR INVESTORS, FIVE UNITS INCLUDE ONE STUDIO, 3 ONE BEDROOMS & ONE 2 BEDROOM. LIVE IN ONE & LEASE OTHERS! ONLY STEPS TO WORLD CLASS BEACHES & SURFING, FAMOUS SC PIER, SHOPS, RESTAURANTS, TERRIFIC BEACH TRAIL & FABULOUS SC DOWNTOWN SHOPPING & DINING. BEAUTIFUL OCEAN VIEWS FROM MOST UNITS, ONE OFFERS A REAR YARD, THREE UNITS PROVIDE OCEAN VIEW DECKS. PROPERTY IS LOCATED WITHIN THE CITY APPROVED SHORT TERM VACATION RENTAL AREA, MEANING TREMENDOUS POTENTIAL FOR INCREASED SHORT TERM RENTAL INCOME. SEE ATTACHED ZONING MAP. PRIDE OF OWNERSHIP SHOWS, EXCELLENTLY MAINTAINED PROPERTY, UNITS ARE UPGRADED THRU-OUT & OFFER GRANITE COUNTERS IN SOME UNITS, NEWER CERAMIC TILE FLOORING, NEWER INTERIOR PAINT, REMODELED BATHS, CEILING FANS THRU-OUT. TWO BEDROOM UNIT HAS AN ADDITION FOR 2ND BEDROOM & HAS VERY SMALL CLOSET. UPPER LEVEL OFFERS PANORAMIC OCEAN VIEWS FROM LARGE COMMON AREA, GREAT OCEAN VIEWS FROM MOST UNITS. TWO 2 CAR ENCLOSED GARAGES ARE SHARED AS ONE CAR GARAGE PER UNIT, ONE GARAGE OFFERS COIN OPERATED LAUNDRY. 2 CAR PARKING DRIVEWAY PROVIDED FOR EACH GARAGE! BEAUTIFULLY MAINTAINED GROUNDS SURROUND PROPERTY, EACH UNIT OFFERS PRIVATE ENTRANCE. CURRENT RENTS ARE LOW, PRESENTLY ALL 5 UNITS FULLY LEASED ON MONTH-TO-MONTH LEASES. FULLY PAID FOR SOLAR IN PLACE FOR ENTIRE PROPERTY EQUALS APPROX $500. A YEAR FOR ELECTRIC BILL, ALL UTILITIES LOW.
Property Type(s): Residential Income
Last Updated 10/23/2018 Tract Other (OTHR)
Year Built 1953 Community SC - San Clemente Central
County Orange

Additional Details

AREA SC - San Clemente Central
GARAGE Garage, Garage Door Opener
LOT 4792 sq ft
LOT DESCRIPTION Corner Lot
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
SUBDIVISION Other (OTHR)
WATER Public
ZONING R4

Location

 

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Listing provided by : Ken Dembowski CalDRE: 01061678, RE/MAX Select One

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