Under contract
Active Under Contract
227 W Canada 1-3
San Clemente CA, 92672
$1,850,000
$796.73 per sqft
Under contract
Active Under Contract
2,322 sqft
Multi-family
Built in 1964
Listed by Johanna Andren with Compass 949-293-2196
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!
OC24233737
MLSⓇ ID
November 13, 2024
Listed
December 5, 2024
Updated
Map
227 W Canada 1-3
San Clemente CA, 92672
Interior Features
Total Stories
1
Interior Features
Primary Suite
Appliances
Gas Cooktop, Disposal, Refrigerator, Dryer, Washer
Laundry Description
Common Area, Laundry Room
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.09 Acres
Lot Features
Back Yard, Level, Near Park, Yard
Sewer
Public Sewer
Other Property Details
Area Name
SW - San Clemente Southwest
Days on Market
21
Garage
No
Parking
Attached Carport, Covered, Carport, On Site, One Space, Tandem, Uncovered
Parking Total
6
View
Yes
View Description
Neighborhood, Ocean, Peek-A-Boo
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Waterfront
Yes
Listing History
Date | Event | Price |
---|---|---|
12/3/2024 | Under contract | — |
Listing Contact: 949-546-6260
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/5/2024 at 1:31 PM UTC