21
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$3,525,000
Est. payment /mo
7,840 Sqft Lot
Active Under Contract
239 Avenida Pelayo San Clemente, CA 92672
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UPDATED:
12/05/2024 05:20 AM
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Buena Vista
MLS Listing ID NP24234057
HOA Y/N No
Year Built 1965
Lot Size 7,840 Sqft
Property Description
Turnkey Coastal 6 Unit property located one block from the beach. All 6 units were renovated in 2024 and are now leased at market rates. All units have: Vinyl/wood flooring, dual pane windows, new kitchens cabinets and countertops, reglazed tub/showers, new doors, updated electric panels, new heating, new lighting and electric outlets and switches.
This property has the highest cap rate of any competing coastal market asset. Priced to sell quickly!
This property has the highest cap rate of any competing coastal market asset. Priced to sell quickly!
Location
State CA
County Orange
Area Cd - Coast District
Zoning R3
Interior
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 12
Pool None
Community Features Suburban
Total Parking Spaces 12
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 69211303
Energy Description 800.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Randall Mycorn • R L M Equities • 949-573-5309