$4,395,000
155 W Mariposa San Clemente, CA 92672
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$4,395,000
Est. payment /mo
9,583 Sqft Lot
Active
155 W Mariposa San Clemente, CA 92672
UPDATED:
09/30/2024 06:42 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24128402
HOA Y/N No
Year Built 1960
Lot Size 9,583 Sqft
Property Description
With its outstanding location in the heart of San Clemente and an impeccable tenant history, this eight-unit apartment building presents one of the best commercial residential income opportunities in coastal Orange County. Just minutes from the beach, San Clemente’s classic pier, an elementary school, parks, and wonderful shopping and dining attractions along Avenida del Mar, the two-story 1960 Mid-Century Modern building is professionally managed and beautifully maintained inside and out. Eight apartments are centered around a quiet courtyard garden, with four featuring two bedrooms and one- and one-half baths, and four offering one bedroom and one bath. Total living space spans approximately 6,036 square feet, and the rare double sized lot property encompasses about 9,583 square feet. Upgrades include dual-pane windows, upper-floor balcony arbors, a newer roof, and easy-care wood-inspired laminate flooring. A laundry room is featured, and each unit includes a private one-car garage with roll-up door. Located west of I-5, this classic apartment building is a short stroll from Max Berg Plaza Park, and stores and restaurants that line El Camino Real. Dana Point’s harbor and lively Lantern Village are only moments away. This is a great long term steady investment in a town with strong rents and rising property values. San Clemente is one of the nicest beach towns with great climate with an extremely low vacancy on apartments.
Location
State CA
County Orange
Area Sc - San Clemente Central
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry Common Area
Exterior
Fence Wood
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront Description Ocean Side Of Freeway,Ocean Side Of Highway
Roof Type Flat
Building
Lot Description Front Yard, Level, Street Level
Story 2
Water Public
Others
Tax ID 05813136
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Doug Echelberger • Inhabit Real Estate • 949-463-0400
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