227 W Canada , #1-3

San Clemente, CA 92672

$1,850,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1964

calendar_month Built

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!

Listing Information

List Price $1,850,000
Status Active
MLS OC24233737
HOA $0
Type Residential Income
Subtype Triplex
Year Built 1964
Lot Size 3,920
Structure Size N/A
Courtesy Of Compass
Listing Agent Johanna Andren DRE#00988733

Interior Features

Laundry Information
Location(s) Common Area, Laundry Room
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Additional Information
Additional Features Primary Suite
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Johanna Andren, Compass 949-293-2196. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 14th, 2024 at 5:30 AM 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.