Check out this awesome triplex in San Clemente! It's in a prime spot, just a short walk to the beach, parks, schools, and all the cool shops and restaurants downtown. Here’s what makes it a great find:
Highlights:
Location: Right in the heart of coastal San Clemente, super close to three beach access points.
Units:
Unit #1: 1 bed/1 bath with a big private balcony, rented month-to-month.
Unit #2: 1 bed/1 bath, recently updated with a balcony that has peek ocean views, leased until 2025.
Unit #3: 2 bed/2 bath with a patio and deck, also rented month-to-month.
Parking: Plenty of space with 6 spots (3 covered, 3 uncovered) and a big backyard that’s perfect for future projects.
Investment Potential:
ADU Plans: The city has approved plans for two extra 1 bed/1 bath units in the backyard, which could boost your annual income by $72,000.
Extra Space: There’s a huge unfinished basement that could be turned into a community room, gym, or storage for extra cash. Plus, there's a laundry room that could bring in $400 a month.
Why It’s a Great Deal:
Price: Listed at $1,850,000 it’s a solid investment in the South OC area.
Growth Potential: With plans for more units and other income opportunities, there’s lots of room to grow your investment.
Upgrades: The building is well-kept with recent updates like a new water line, relined sewer, and new water heater.
This triplex is a rare gem in the South OC market, offering both steady rental income now and lots of potential for the future. If you’re looking to invest, this place is definitely worth a look!
Sold for $1,830,000 on 01/02/25
Listing Provided by:
Johanna Andren DRE #00988733 949-293-2196,
Compass
Bought with: Regency Real Estate Brokers
$1,830,000
227 W Canada UNIT 1-3, San Clemente, CA 92672
4beds
4baths
2,322sqft
Triplex
Built in 1964
-- sqft lot
$1,883,200 Zestimate®
$788/sqft
$4,547 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 13, 2025 at 05:00pm
Listing Provided by:
Johanna Andren DRE #00988733 949-293-2196,
Compass
Bought with:
Jordan Bennett, DRE #01850869
Regency Real Estate Brokers
Source: CRMLS,MLS#: OC24233737
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Primary bedroom
- Features: Primary Suite
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Gas Cooktop, Disposal, Refrigerator, Dryer, Washer
- Laundry: Common Area, Laundry Room
Features
- Primary Suite
- Windows: Double Pane Windows
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,322
- Total interior livable area: 2,322 sqft
Property
Parking
- Total spaces: 6
- Parking features: Attached Carport, Covered, Carport, On Site, One Space, Tandem, Uncovered
- Carport spaces: 3
- Uncovered spaces: 3
Features
- Levels: One,Two
- Stories: 1
- Entry location: 1 AND 2
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Neighborhood, Ocean, Peek-A-Boo
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Ocean Side Of Freeway
Lot
- Size: 3,920 sqft
- Features: Back Yard, Level, Near Park, Yard
Details
- Parcel number: 69208225
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- Turnkey
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Street Lights, Sidewalks, Park
Location
- Region: San Clemente
- Subdivision: Beach & Downtown Close Location
Other
Other facts
- Listing terms: Cash,Cash to New Loan
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Estimated market value
$1,883,200