117 Avenida Algodon

San Clemente, CA 92672

PRICE REDUCED

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-$100,000 (-5.56%)

$1,700,000

List Price

6

bed Beds

5

shower Baths

2,942 sqft

straighten / sqft

1965

calendar_month Built

Property Description

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.

Listing Information

List Price $1,700,000
Status Active
MLS 24349251
Type Residential Income
Year Built 1965
Lot Size 4,262
Structure Size 2,942
DOM 244
Courtesy Of CB Richard Ellis, Inc.
Listing Agent Sean Riley DRE#01920511

Interior Features

Total Bedroom
Bedrooms 6
Total Bathroom
Bathrooms 5

Exterior Information

Maps

Listing information courtesy of: Sean Riley, CB Richard Ellis, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 16th, 2024 at 6:04 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.