$ 1,850,000
227 West Canada San Clemente, CA 92672
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Listed by Johanna Andren • Compass
$ 1,850,000
Est. payment | /mo
2,322 SqFt
$ 1,850,000
Est. payment | /mo
2,322 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,322 sqft
Price per Sqft $796
MLS Listing ID OC-24233737
Year Built 1964
Lot Size 3,920 Sqft
Property Description
Check out this awesome triplex in San Clemente! It's in a prime spot, just a short walk to the beach, parks, schools, and all the cool shops and restaurants downtown. Here's what makes it a great find: Highlights: Location: Right in the heart of coastal San Clemente, super close to three beach access points. Units: Unit #1: 1 bed/1 bath with a big private balcony, rented month-to-month. Unit #2: 1 bed/1 bath, recently updated with a balcony that has peek ocean views, leased until 2025. Unit #3: 2 bed/2 bath with a patio and deck, also rented month-to-month. Parking: Plenty of space with 6 spots (3 covered, 3 uncovered) and a big backyard that's perfect for future projects. Investment Potential: ADU Plans: The city has approved plans for two extra 1 bed/1 bath units in the backyard, which could boost your annual income by $72,000. Extra Space: There's a huge unfinished basement that could be turned into a community room, gym, or storage for extra cash. Plus, there's a laundry room that could bring in $400 a month. Why It's a Great Deal: Price: Listed at $1,850,000 it's a solid investment in the South OC area. Growth Potential: With plans for more units and other income opportunities, there's lots of room to grow your investment. Upgrades: The building is well-kept with recent updates like a new water line, relined sewer, and new water heater. This triplex is a rare gem in the South OC market, offering both steady rental income now and lots of potential for the future. If you're looking to invest, this place is definitely worth a look!
Location
State CA
County Orange
Interior
Heating Wall Furnace
Cooling None
Inclusions Washer and dryer, sink in basement area
Laundry Common Area, Dryer Included, Individual Room, Washer Included
Exterior
Garage On Site, Parking Space, Tandem Covered, Tandem Uncovered, Attached Carport, Carport
Pool None
Community Features Sidewalks, Street Lights
Waterfront true
View Y/N Yes
View Peek-A-Boo, Ocean
Building
Lot Description Level, Park Nearby, Yard, Back Yard
Sewer Public Sewer
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Marissa Buss & Danny Lambert
Lic# 01770909 | 01834114