Sold for $1,850,000 on 10/25/24
Listing Provided by:
Dan Yeilding DRE #00559105 949-370-3385,
CENTURY 21 Affiliated,
DJ Yeilding DRE #01384625 949-370-0382,
CENTURY 21 Affiliated
Bought with: First Team Real Estate
$1,850,000
224 Avenida Cabrillo, San Clemente, CA 92672
3beds
3baths
1,883sqft
Triplex
Built in 1951
-- sqft lot
$-- Zestimate®
$982/sqft
$5,098 Estimated rent
Owner options
What's special
Discover a unique investment opportunity in the heart of charming downtown San Clemente with this immaculate single-level triplex, which perfectly blends coastal charm and modern upgrades. Comprising three 1-bedroom, 1-bathroom beach cottages, this property offers a seamless blend of relaxation and convenience. Each unit boasts inviting front and rear patios, providing private outdoor spaces for tenants or owners to enjoy the refreshing sea breeze.
Over the years, the building has undergone significant improvements. Initially, the concrete and retaining wall on the east side were replaced, and new drains were installed. This was followed by the replacement of concrete on the west side, with new drains and planters added. The kitchen and bathrooms have been upgraded in all units. Additionally, the original cast iron waste lines were removed and replaced with modern ABS waste lines.
The building's electrical system was upgraded with a new panel, and washer and dryer hookups were added to the garages. New vinyl flooring was installed in Apartments B and C. A major rebuild of the front of the building included new garage floors, walls, doors, openers, a deck, an enclosed patio, a roof, and vinyl windows for Apartment A. The attics of all units were insulated, additional attic vents were installed, and both the interior and exterior of Apartment A and the front of the building were repainted. Most recently, Apartment B received new windows, a new roof, and fresh interior and exterior paint, further enhancing the building's overall appeal and functionality. These extensive renovations ensure peace of mind and low maintenance for years to come.
Unit A features an expansive view deck, a perfect spot to unwind while taking in the panoramic vistas and the vibrant life of downtown San Clemente. Just a short stroll away, you’ll find the bustling Avenida Del Mar, brimming with delightful shopping and dining options, and the iconic San Clemente Pier, where the sun meets the surf.
Whether you’re looking to expand your investment portfolio or searching for a perfect vacation home with additional rental income, this triplex offers unparalleled flexibility. Live in one unit and rent out the others, or lease all three for a steady revenue stream in a sought-after location.
Don’t miss out on this rare opportunity to own a piece of California’s beautiful coastline.
Zillow last checked: 8 hours ago
Listing updated: December 04, 2024 at 06:06pm
Listing Provided by:
Dan Yeilding DRE #00559105 949-370-3385,
CENTURY 21 Affiliated,
DJ Yeilding DRE #01384625 949-370-0382,
CENTURY 21 Affiliated
Bought with:
Holly McKhann, DRE #01956721
First Team Real Estate
Source: CRMLS,MLS#: OC24104462
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Appliances
- Laundry: In Garage
Features
- Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below
Interior area
- Total structure area: 1,883
- Total interior livable area: 1,883 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage
- Garage spaces: 3
- Uncovered spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: at grade
- Pool features: None
Lot
- Size: 3,920 sqft
- Features: 11-15 Units/Acre
Details
- Parcel number: 05812339
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Golf, Street Lights, Sidewalks, Water Sports
Location
- Region: San Clemente
- Subdivision: None
Other
Other facts
- Listing terms: Cash to New Loan,1031 Exchange