119 E Mariposa

San Clemente, CA 92672

PRICE REDUCED

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-$199,000 (-7.96%)

$2,300,000

List Price

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bed Beds

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1972

calendar_month Built

Property Description

This is a Bonafide STAR (short term apartment rental) through the city of San Clemente. Two of the three units are functioning as AirBnB and the other is a long-term renter/on site manager. Take advantage of a turn key AirBnB solution with all furnishings and fixings included. One of the two AirBnB units is 5.0 stars with 35 reviews, super host status, and appears as a "Guest Favorite". The other unit also has super host status with 4.86 stars and 69 reviews. Without owner usage, it should generate well over $165k per year in annual revenue. Superbly located in the heart of San Clemente a dream location offering the best of coastal living within walking distance of the beaches AND dining and shopping along N El Camino Real, beautifully remodeled and improved throughout with stylish features and modern amenities, RE-PIPED PLUMBING, and NEW ROOF. Blessed with iconic Spanish architectural features and a private gated entrance opening to a charming covered walkway leading to the lower-level Unit A and to the staircase leading up to Units B & C. All units have an open concept interior with sleek luxury vinyl plank floors throughout, fully remodeled and updated kitchen and baths, shaker cabinetry, Quartz countertops, custom tile, newer stainless-steel appliances, updated doors, windows and sliders, custom light fixtures, updated ceiling fans, recessed lighting, custom wall treatments, and more. Each unit has a dedicated outdoor patio or balcony space. Convenient community laundry room onsite. Each unit has a 1 garage parking space and 1 uncovered driveway space. Building has 4 electric meters, 4 gas meters, and 1 water meter. Each unit has its own electric & gas meter, tenant pays for their own gas & electric service. Owner pays for the water for the whole building and the gas & electric for the laundry room. Within walking distance of restaurants, bars, shopping, and entertainment, and just minutes from the Pier, you can’t beat this location.

Listing Information

List Price $2,300,000
Status Active
MLS OC24115668
HOA $0
Type Residential Income
Subtype Triplex
Year Built 1972
Lot Size 3,920
Structure Size N/A
DOM 100
Courtesy Of Regency Real Estate Brokers
Listing Agent Jordan Bennett DRE#01850869

Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Features Bedroom on Main Level
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Tile, Vinyl
Fireplace Information
Features None
Additional Information
Additional Features Ceiling Fan(s), Open Floorplan, Quartz Counters, Recessed Lighting, Bedroom on Main Level, Primary Suite
Cooling Type
Cooling Type None, Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Jordan Bennett, Regency Real Estate Brokers . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 19th, 2024 at 10:29 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.