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Extraordinary Pride of Ownership Multi-Family Investment

Excellent Real Estate Portfolio Addition!

Elfyer - San Clemente, CA House - For Sale

Elfyer - San Clemente, CA House - For Sale Elfyer - San Clemente, CA House - For Sale
Elfyer - San Clemente, CA House - For Sale Elfyer - San Clemente, CA House - For Sale
Elfyer - San Clemente, CA House - For Sale Elfyer - San Clemente, CA House - For Sale
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.
3 Individual Contiguous Parcels
1 Fourplex Consisting of 1 BR & 1 BA Units
First Time on Market In 40 Years
Very Desirable Feature for Tenants is the High Walk Score- 75
1 Quaint Beach Cottage w/Yard
1 Fourplex Consisting of Studio units
Capitalize on Upside in Income or Potential Development
Prime Location Near the Beach in a Growing Community

Yr Built: 1955
Bdrms: 6
Baths: 9
Pool: No
Parking: 1 Car Garage
Asking: $3,285,000  
Address: 1602-1606 Calle Las Bolas
San Clemente, CA
Property Map

Babette & Betty

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Lic#: 01087499

Coldwell Banker Residential Brokerage-Beverly Hills South

166 N. Canon Drive
Beverly Hills, CA

Betty Elkins-Rice
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Lic#: 00841869

Information deemed reliable but not guaranteed.
Agent and/or buyer to verify all information.

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