227 W Canada Pending

San Clemente,CA 92672

$ 1850000

4 Beds

0 Bath

2322 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,322 sqft

Price per Sqft $796

MLS Listing ID CROC24233737

Bedrooms 4

HOA Y/N No

Year Built 1964

Lot Size 3,920 Sqft

Acres 0.09

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. Here’s 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 that’s 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: There’s 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 It’s a Great Deal: Price: Listed at $1,850,000 it’s a solid investment in the South OC area. Growth Potential: With plans for more units and other income opportunities, there’s lots of room to grow your investment. Upgrades: The building is well-kept with

Location

State CA

County Orange

Area Listing

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Fireplace No

Laundry Common Area,Dryer,Laundry Room,Washer

Exterior

Exterior Feature Back Yard

View Y/N true

View Other,Ocean

Total Parking Spaces 6

Building

Lot Description Level,Other,Back Yard

New Construction No

Others

Tax ID 69208225

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