117 Avenida Algodon, San Clemente, CA 92672

$1,579,000
6
BD
5
BA
2,942
SqFt

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Sold Price
$1,579,000
List Price
$1,700,000
Closing Date
Dec 19, 2024
Status
CLOSED
MLS#
24349251
Year Built
1965
Bedrooms
6
Bathrooms
5
Living Sq. Ft
2,942
Lot Size
4,262
Acres
0.10
Days on Market
290
Property Type
Multifamily
Stories
Multi Level

Property Description

Recent price reduction, motivated seller! 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.

Additional Information

Pool Description
None
Garage Spaces Total
3
Attached Structure
Detached
Number Of Units Total
3

Listing courtesy of Listing Agent: Sean Riley (Sean.Riley@cbre.com) from Listing Office: CB Richard Ellis, Inc..

Listing sold by Matteo Bortolotti from Coldwell Banker Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.