Spectacular location for these three Pride of Ownership investment properties in the highly desirable and historic beach community of San Clemente. The three parcels consist of two 4 unit buildings and a charming 50's cottage. The three properties combined have a total of approximately 11,575 SF lots, approximately 4400 sf buildings with 9 units, 9 parking spaces, laundry and one garage.
Invest in the true essence of coastal living in this classic 1950's income property. This unique offering is a rare opportunity to purchase three contiguous properties with good income yet still has room for income growth depending on your vision (value add or develop the property).
This beach side area is experiencing an increase in development, renovation of historic properties and expansion. Properties are just a 5 minute walk to the beach, Ole Hanson Beach Club, Metro transit station, beach trails, restaurants and shopping. The new outlet mall is a short 5 minute drive. It is an excellent time to add this special property, located in a high-demand coastal area, to your real estate portfolio!
One buyer(s) must purchase all 3 properties. Call for the offering memorandum.
Info is not guaranteed. Buyer & buyer's agent are advised to verify the accuracy of all info provided. Property sold “as is”. Subject to seller's IRC 1031 Tax Deferred Exchange.