$ 4,395,000
155 W Mariposa San Clemente, CA 92672
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Listed by Doug Echelberger • Inhabit Real Estate
$ 4,395,000
Est. payment | /mo
6,036 SqFt
$ 4,395,000
Est. payment | /mo
6,036 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,036 sqft
Price per Sqft $728
MLS Listing ID OC-24126760
Year Built 1960
Lot Size 9,583 Sqft
Property Description
With its outstanding location in the heart of San Clemente and an impeccable tenant history, this eight-unit apartment building presents one of the best commercial residential income opportunities in coastal Orange County. Just minutes from the beach, San Clemente's classic pier, an elementary school, parks, and wonderful shopping and dining attractions along Avenida del Mar, the two-story 1960 Mid-Century Modern building is professionally managed and beautifully maintained inside and out. Eight apartments are centered around a quiet courtyard garden, with four featuring two bedrooms and one- and one-half baths, and four offering one bedroom and one bath. Total living space spans approximately 6,036 square feet, and the rare double sized lot property encompasses about 9,583 square feet. Upgrades include dual-pane windows, upper-floor balcony arbors, a newer roof, and easy-care wood-inspired laminate flooring. A laundry room is featured, and each unit includes a private one-car garage with roll-up door. Located west of I-5, this classic apartment building is a short stroll from Max Berg Plaza Park, and stores and restaurants that line El Camino Real. Dana Point's harbor and lively Lantern Village are only moments away. This is a great long term steady investment in a town with strong rents and rising property values. San Clemente is one of the nicest beach towns with great climate with an extremely low vacancy on apartments.
Location
State CA
County Orange
Interior
Interior Features Balcony, Formica Counters
Heating Wall Furnace
Cooling None
Flooring Laminate
Fireplaces Type None
Laundry Common Area
Exterior
Garage Driveway Level, Garage - Single Door, Paved, Assigned, Circular Driveway
Garage Spaces 8.0
Pool None
Community Features Watersports
Utilities Available Sewer Connected, Water Connected, Cable Connected, Electricity Connected, Natural Gas Connected
Building
Lot Description Level with Street
Sewer Public Sewer
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Marissa Buss & Danny Lambert
Lic# 01770909 | 01834114