San Clemente, CA 92672,227 W Canada

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Additional details

$ 1,850,000
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227 W Canada San Clemente, CA 92672

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!

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


San Diego Regional MLS (SDMLS)
Listed by Rules Manager • Compass
agent-avatar

+1(858) 215-3512

david@listedbydavid.com

2535 Camino Del Rio S #240, San Diego, CA, 92108, USA

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227 W Canada