117 Avenida Algodon, San Clemente, CA 92672

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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.


Interior Features

Bedroom Information
Bedrooms 6
Bathroom Information
Bathrooms 5

Listing Information

Address 117 Avenida Algodon
City San Clemente
State CA
Zip 92672
County Orange
Listing Agent Sean Riley DRE #01920511
Courtesy Of CB Richard Ellis, Inc.
List Price $1,700,000
Status Active
Type Residential Income
Structure Size 2,942
Lot Size 4,262
Year Built 1965

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.