$1,365,000
$1,400,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
108 E El Portal San Clemente, CA 92672
4,356 Sqft Lot
Key Details
Sold Price $1,365,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID OC20171287
Sold Date 10/07/20
HOA Y/N No
Year Built 1964
Lot Size 4,356 Sqft
Property Description
Prime income-producing 3-plex in the heart of San Clemente, just minutes from world-class beaches and downtown shops and restaurants. Extremely stable investment building with no vacancies and fantastic tenants. Great unit mix and layouts make this building a fantastic long-term investment at the beach. All units are occupied. Unit #A is a large three bedroom, two bathroom single story ground level(potential owner's unit), Unit #B a two bedroom, two bathroom upper level with ocean view deck and Unit #C a two bedroom, one & half bath upper level with ocean view deck with total building square footage of almost 3100 sq ft. Well maintained property with improvements including remodeled kitchens, bathrooms and some flooring. Newer composition roof, newer dual pane windows in some of the property. Plenty of parking with attached 3 car garage and 3 large driveway parking spaces. On site landlord-owned laundry facility generates additional monthly income. Nice west of the freeway location is always easy to find great tenants. Great proximity to quaint downtown San Clemente, North Beach, train station, shopping, schools, freeway & all the world famous San Clemente Beaches. Low existing rents to prevailing market provides good upside rent potential. Operating expenses reflect revised estimated property tax amount of new purchase.
Location
State CA
County Orange
Area Sc - San Clemente Central
Interior
Cooling None
Fireplace No
Laundry Common Area, Laundry Room
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Street Lights, Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Lot Description Street Level
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 05715408
Energy Description 694.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Mehdi Taghiei • Mehdi Taghiei, Broker