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Nicole Van Parys & Gary Nesen

[email protected] +1(805) 795-1880

Listed by Johanna Andren • Compass

$ 1,850,000

Est. payment -/mo

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Pending

227 West Canada San Clemente, CA 92672

2,322 SqFt

UPDATED:

12/17/2024 07:47 PM

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 2,322 sqft

Price per Sqft $796

MLS Listing ID OC-24233737

Year Built 1964

Lot Size 3,920 Sqft

Property Description

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!

Location

State CA

County Orange

Interior

Heating Wall Furnace

Cooling None

Inclusions Washer and dryer, sink in basement area

Laundry Common Area, Dryer Included, Individual Room, Washer Included

Exterior

Parking Features On Site, Parking Space, Tandem Covered, Tandem Uncovered, Attached Carport, Carport

Pool None

Community Features Sidewalks, Street Lights

View Y/N Yes

View Peek-A-Boo, Ocean

Building

Lot Description Level, Park Nearby, Yard, Back Yard

Sewer Public Sewer

Nicole Van Parys & Gary Nesen

License Partners, Private Office Advisors | License ID: 01108944

+1(805) 795-1880

Nicole Van Parys & Gary Nesen

227 West Canada San Clemente, CA 92672

Key Details

Location

Interior

Exterior

Building

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227 West Canada