2623 Calle Del Comercio, San Clemente, CA 92672

$2,100,000

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Sold Price
$2,100,000
List Price
$2,395,000
Closing Date
Mar 15, 2024
Status
CLOSED
MLS#
OC24035190
Year Built
1990
Lot Size
5,227
Acres
0.12
Lot Location
2-5 Units/Acre, On Golf Course
Days on Market
13
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
One Level, Three Or More Levels
Neighborhood
, Other

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 Clemente’s 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.

Additional Information

Appliances
Built-In Range, Gas Oven, Gas Range, Microwave
Pool Description
None
Fireplace Description
Living Room
Heat
Central, Fireplace(s)
View
Golf Course, Ocean, Panoramic
Exterior Construction
Stucco
Roof
Shingle
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Interior Features
Balcony, Ceiling Fan(s)
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$114,000
Operating Expense
37479

Listing courtesy of Listing Agent: Mark Bridge (Mark.Bridge@cushwake.com) from Listing Office: Mark Bridge, Broker.

Listing sold by Mark Bridge from Mark Bridge, Broker

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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.