$1,850,000
227 W Canada San Clemente, CA 92672
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Listed by Johanna Andren • Compass
$1,850,000
Est. payment /mo
2,322 SqFt
UPDATED:
11/21/2024 10:11 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,322 sqft
Price per Sqft $796
MLS Listing ID CROC24233737
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1964
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. 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
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Laundry Common Area, Dryer, Laundry Room, Washer
Exterior
View Other, Ocean
Building
Lot Description Level, Other, Back Yard
Water Public
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