227 W Canada #1-3
San Clemente, CA 92672
0.09 acres | #OC24233737
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!
Property Details
- SubdivisionBEACH & DOWNTOWN CLOSE LOCATION
- Lot DescriptionBackYard, Level, NearPark, Yard
- ViewNeighborhood, Ocean, PeekABoo
- InteriorPrimarySuite
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- Original List Price$1,850,000
- MLS #OC24233737
- MLS #OC24233737
- Cost1850000
- Property SubtypeTriplex
- Utility SourcePublic
- CountyOrange
- Acres0.09
- Year Built1964
- Stories2
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Johanna Andren (#DVOYTJOH)
Listing Office: Compass (#OC13532)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
