This incredible investment opportunity has not been on the market since 1972. These 3 units all enjoy views of the ocean, coastline, city lights and night. With this expansive view, one can see San Clemente Island as well as the Dana Point Peninsula. The units benefit from a lot of natural light. Excellent unit mix of (1) 3bd/2ba and (2) 2bd/2ba. The current rents are below market leaving tremendous upside for the new owner. 4.30 ProForma Cap Rate is very realistic. Beyond the fantastic views, each tenant has their very own private garage. Unit A has a two car garage and units B & C each have a (1) car garage. Further, there is another garage available to any of the tenants, which can be used for another car or storage. This is another potential source of income for the Owner. REQUEST OFFERING MEMORANDUM FOR MORE DETAILS.
Off market
$3,255,500
112 Calle Patricia, San Clemente, CA 92672
--beds
0baths
4,076sqft
MultiFamily
Built in 1972
-- sqft lot
$3,255,500 Zestimate®
$799/sqft
$5,272 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Wall
Cooling
- None
Appliances
- Laundry: Area
Features
- Flooring: Carpet
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 4,076 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Levels: Two
- Has view: Yes
- View description: City
Lot
- Size: 9,147 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 69003118
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1972
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Available
Community & neighborhood
Location
- Region: San Clemente
Other
Other facts
- CommunityFeatures: Sidewalks, Suburban
- PropertyType: Residential Income
- SpecialListingConditions: Standard
- Levels: Two
- LotFeatures: 0-1 Unit/Acre
- PreviousStandardStatus: Active
- CommonWalls: No Common Walls
- Heating: Wall Heater
- LaundryFeatures: Area
- ParkingFeatures: Assigned
- View: Ocean, City Lights, Panoramic, Coastline
- MLSAreaMajor: SC - San Clemente Central
- LaundryEquipmentOwnLease: Lease
- BuildingAreaUnits: Square Feet
- ElevationUnits: Feet
- LotSizeSource: Assessor
- WaterSource: Public
- Utilities: Sewer Available
Services availability
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Estimated market value
$3,255,500