$2,100,000
$2,395,000
12.3%For more information regarding the value of a property, please contact us for a free consultation.
5,227 Sqft Lot
SOLD DATE : 03/15/2024
Key Details
Sold Price $2,100,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision ,Other
MLS Listing ID OC24035190
Sold Date 03/15/24
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1990
Lot Size 5,227 Sqft
Property Description
2623 Calle Del Comercio is a well-kept 4-plex located in the beautiful coastal City of San Clemente, California. Rarely does multifamily come to market that offers both ocean & golf course views! Built in 1990, 2623 Calle Del Comercio is a newer multifamily investment property that offers the desirable coastal living experience. This unique asset features a strong unit mix of three 2 bedroom, 2 bath units and one 3 bedroom, 2 bath unit. The property offers approximately 3,482 rentable square feet situated on a 0.12 acre parcel adjacent to the San Clemente Municipal Golf Course. The property includes four individual private garages, covered parking, open on-site as well as street parking. The top two units have private balconies facing west that offer panoramic ocean views! All four units have private balconies facing east with expansive views of the Golf Course. For tenant convenience, all units include washer & dryer hook ups which offers a “condominium living” experience. Additionally, the property has a newer roof, windows and decking throughout.
The asset is strategically situated next to the San Clemente Golf Course, a very quiet sub-market in Southside San Clemente. San Clemente is a relaxing beach town and popular place to vacation. In the summer, there is a trolley system that shuttles around town and up to Laguna Beach. A short walk from the property will take you to El Camino Real, San Clemente’s main street that includes various retail, restaurants, boutiques and much more. Within one mile away lies one of the most popular beaches in town, San Clemente State Beach. This offering provides an investor the opportunity to acquire a Class A located investment property that is rarely vacant and ideally located. The strong rental demand for coastal properties in San Clemente will provide an investor with a predictable income stream & appreciation for many years to come. This property is a rare find and presents an incredible opportunity to own one of the most coveted investment properties in Southern California.
Location
State CA
County Orange
Area Se - San Clemente Southeast
Interior
Interior Features Balcony, Ceiling Fan(s)
Heating Central, Fireplace(s)
Flooring Carpet, Tile, Vinyl
Fireplaces Type Living Room
Fireplace Yes
Appliance Built-In Range, Gas Oven, Gas Range, Microwave
Laundry Washer Hookup, Gas Dryer Hookup, Inside
Exterior
Parking Features Assigned, Garage
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Gutter(s), Street Lights, Suburban, Sidewalks
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
View Y/N Yes
View Golf Course, Ocean, Panoramic
Roof Type Shingle
Total Parking Spaces 6
Private Pool No
Building
Lot Description 2-5 Units/Acre, On Golf Course
Faces West
Story 3
Entry Level One,Three Or More
Sewer Public Sewer
Water Public
Level or Stories One, Three Or More
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 06004212
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Mark Bridge • Mark Bridge, Broker
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