$2,100,000
$2,395,000
12.3%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
5,227 Sqft Lot
SOLD DATE : 03/15/2024
Key Details
Sold Price $2,100,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC24035190
Sold Date 03/15/24
Bedrooms 5
HOA Y/N No
Lot Size 5,227 Sqft
Property Description
2623 Calle Del Comercio is a well-kept 4-plex located in the beautiful coastal City of San Clemente, California. Rarely does multifamily come to market that offers both ocean & golf course views! Built in 1990, 2623 Calle Del Comercio is a newer multifamily investment property that offers the desirable coastal living experience. This unique asset features a strong unit mix of three 2 bedroom, 2 bath units and one 3 bedroom, 2 bath unit. The property offers approximately 3,482 rentable square feet situated on a 0.12 acre parcel adjacent to the San Clemente Municipal Golf Course. The property includes four individual private garages, covered parking, open on-site as well as street parking. The top two units have private balconies facing west that offer panoramic ocean views! All four units have private balconies facing east with expansive views of the Golf Course. For tenant convenience, all units include washer & dryer hook ups which offers a condominium living experience. Additionally, the property has a newer roof, windows and decking throughout. The asset is strategically situated next to the San Clemente Golf Course, a very quiet sub-market in Southside San Clemente. San Clemente is a relaxing beach town and popular place to vacation. In the summer, there is a trolley system that shuttles around town and up to Laguna Beach. A short walk from the property will take you to El Camino Real, San Clementes main street that includes various retail, restaurants, boutiques and much more. Within one mile away lies one of the most popular beaches in town, San Clemente State Beach.
2623 Calle Del Comercio is a well-kept 4-plex located in the beautiful coastal City of San Clemente, California. Rarely does multifamily come to market that offers both ocean & golf course views! Built in 1990, 2623 Calle Del Comercio is a newer multifamily investment property that offers the desirable coastal living experience. This unique asset features a strong unit mix of three 2 bedroom, 2 bath units and one 3 bedroom, 2 bath unit. The property offers approximately 3,482 rentable square feet situated on a 0.12 acre parcel adjacent to the San Clemente Municipal Golf Course. The property includes four individual private garages, covered parking, open on-site as well as street parking. The top two units have private balconies facing west that offer panoramic ocean views! All four units have private balconies facing east with expansive views of the Golf Course. For tenant convenience, all units include washer & dryer hook ups which offers a condominium living experience. Additionally, the property has a newer roof, windows and decking throughout. The asset is strategically situated next to the San Clemente Golf Course, a very quiet sub-market in Southside San Clemente. San Clemente is a relaxing beach town and popular place to vacation. In the summer, there is a trolley system that shuttles around town and up to Laguna Beach. A short walk from the property will take you to El Camino Real, San Clementes main street that includes various retail, restaurants, boutiques and much more. Within one mile away lies one of the most popular beaches in town, San Clemente State Beach. This offering provides an investor the opportunity to acquire a Class A located investment property that is rarely vacant and ideally located. The strong rental demand for coastal properties in San Clemente will provide an investor with a predictable income stream & appreciation for many years to come. This property is a rare find and presents an incredible opportunity to own one of the most coveted investment properties in Southern California.
Location
State CA
County Orange
Area Oc - San Clemente (92672)
Zoning Assessor
Interior
Appliance Fireplace
Exterior
Exterior Feature Stucco
Garage Unit1:Assigned
Building
Lot Description Curbs, Sidewalks
Story 3
Level or Stories 1 Story
Others
Monthly Total Fees $3
Acceptable Financing Cash
Space Rent $2,700
Listing Terms Cash
Financing Cash
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Bought with Mark Bridge • Mark Bridge, Broker