332 Avenida Cabrillo, San Clemente, CA 92672

$2,275,000

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Sold Price
$2,275,000
List Price
$2,600,000
Closing Date
Apr 25, 2025
Status
CLOSED
MLS#
OC25021614
Year Built
1971
Lot Size
3,485
Acres
0.08
Lot Location
2-5 Units/Acre
Days on Market
68
Property Type
Multifamily
Property Sub Type
Triplex
Stories
Two Levels
Neighborhood
Heights Above The Coast (Hts)

Property Description

We are pleased to present the Cabrillo Apartments, an 3-Unit multifamily investment property located in an unbeatable location of Seaside San Clemente, only steps to the San Clemente Pier, beach access, Casa Romantica, and the shops and restaurants of Avenida Del Mar. The property boasts an excellent layout of bright, spacious, and open floorplans in turnkey condition, and an ideal unit mix of One(1) 2 Bed/ 1.5 Bath, One (1) 2 Bed/ 1 Bath, and One (1) - 1 Bed / 1 Bath units, with all units featuring washer/dryer hookups, individual garages, patios or balconies. A new investor will benefit from acquiring a pride of ownership asset owned and managed by a professional entity for more than 20 years, boasting a very high level of quality care and maintenance throughout. The property has been recently upgraded with new roofs, vinyl windows and sliding doors, decks, railings, lighting fixtures and paint. Inside, the units feature new kitchens with new upgrades cabinets, beautiful tile backsplashes and quartz countertops. Additionally, tenants will enjoy luxury vinyl plank flooring, LED can lights, and new bathtubs, new refrigerator, vanities and fixtures. The Cabrillo Apartments represent a rare opportunity to acquire a turnkey, pride-of-ownership asset in one of Southern California's most desirable coastal communities.

Additional Information

Appliances
Dryer, Washer
Pool Description
None
Heat
Forced Air
Cooling
Yes
Cooling Description
Whole House Fan
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Interior Features
Balcony, Ceiling Fan(s)
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$111,240
Operating Expense
37039

Listing courtesy of Listing Agent: Brett Bayless (Brett.Bayless@mogharebi.com) from Listing Office: Brett Bayless, Broker.

Listing sold by Christian Wach from Talavera Real Estate

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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.