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117 Avenida Algodon
San Clemente, CA 92672
Recent price reduction, motivated seller! Excellent 3 unit multifamily investment property located near Downtown San Clemente. This property is well located near shops, restaurants, and within close proximity to the beach. Long term ownership with large upside to increase rental income. Unit mix is two 2 bed/2 bath units and one 2 bed/1 bath unit. Each tenant has their own garage space. Roof was replaced in 2020 and two of the three units have renovated kitchens and bathrooms. The ground floor unit has a large private patio and the upstairs units each have a private balcony. Separately metered for gas and electric. This location has a high walkability score so most tenant errands can be accomplished nearby.
PROPERTY INFORMATION
| MLS # | 24349251 | Lot Size | 4,262 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,700,000
Price Per SqFt: $ 578 |
DOM | 610 Days |
| Address | 117 Avenida Algodon | Type | Residential Income |
| City | San Clemente | Sq.Ft. | 2,942 Sq. Ft. |
| Postal Code | 92672 | Garage | 3 |
| County | Orange | Year Built | 1965 |
| Bed / Bath | 6 / 0 | Parking | 6 |
| Built In | 1965 | Status | Active |
INTERIOR FEATURES
| Has Appliances | Yes |
| Has Spa | No |
| SpaDescription | None |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,813
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 01/18/2024 | Listed | $1,800,000 |
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Listing provided courtesy of Sean Riley, CB Richard Ellis, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
