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San Clemente, CA 92672 117 Avenida Algodon

$1,750,000

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Presented By: Sean Riley with CB Richard Ellis, Inc.;
  • MLS# 24349251
  • 01/18/2024
  • Request Tour
  • Request Info
  • BedBeds • 6
  • BathBaths • 5
  • FootageSQFT • 2,942
  • GarageGarage • 3

Home Details

Excellent 3 unit multifamily investment property located near Downtown San Clemente. This property is well located near shops, restaurants, and within close proximity to the beach. Long term ownership with large upside to increase rental income. Unit mix is two 2 bed/2 bath units and one 2 bed/1 bath unit. Each tenant has their own garage space. Roof was replaced in 2020 and two of the three units have renovated kitchens and bathrooms. The ground floor unit has a large private patio and the upstairs units each have a private balcony. Separately metered for gas and electric. This location has a high walkability score so most tenant errands can be accomplished nearby.
Presented By: Sean Riley with CB Richard Ellis, Inc.;

Interior Features for 117 Avenida Algodon

Bedrooms

Total Bedrooms6

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths5

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Total Stories2

General for 117 Avenida Algodon

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CitySan Clemente
CountyOrange
Days on Market76
Directions5 Freeway exit East Avenida Palizada to North El Camino Real to Avenida Algodon
Garage Spaces3.0
Garage Y/NYes
Gross Income89700.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet4262.0
MLS AreaSC - San Clemente Central
MobileHomeRemainsYNNo
Net Operating Income60225.0
New ConstructionNo
Open Parking Spaces3.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameAvenida Algodon
Total Units3
View Y/NNo
Waterfront Y/NNo
Year Built1965

Exterior for 117 Avenida Algodon

Building Area Total2942.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions40x106
Lot Size Acres0.0978
Lot Size Area4262.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesDoorSingle, Garage, Uncovered
SpaNo
Total Parking6.0

Additional Details

Price History

1527188455

First Team Client Services

Price $1,750,000
MLS#24349251
List Date 01/18/2024
Property Type Multi-Family
Phone 714.964.3311
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Request Info
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*According to the National Association of Realtors