Homes for sale - 239 Avenida Pelayo, San Clemente, CA 92672

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Jeffrey Bullock

[email protected]

$ 3,525,000

Est. payment -/mo

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Active Under Contract

239 Avenida Pelayo San Clemente, CA 92672

7,840 Sqft Lot

UPDATED:

12/05/2024 05:20 AM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Buena Vista

MLS Listing ID NP24234057

HOA Y/N No

Year Built 1965

Lot Size 7,840 Sqft

Property Description

Turnkey Coastal 6 Unit property located one block from the beach. All 6 units were renovated in 2024 and are now leased at market rates. All units have: Vinyl/wood flooring, dual pane windows, new kitchens cabinets and countertops, reglazed tub/showers, new doors, updated electric panels, new heating, new lighting and electric outlets and switches.

This property has the highest cap rate of any competing coastal market asset. Priced to sell quickly!

Location

State CA

County Orange

Area Cd - Coast District

Zoning R3

Interior

Fireplace No

Laundry Common Area

Exterior

Carport Spaces 12

Pool None

Community Features Suburban

Total Parking Spaces 12

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 69211303

Energy Description 800.0

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

Listed by Randall Mycorn • R L M Equities • 949-573-5309

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