CA > San Clemente > ,Custom Built
San Clemente, CA 92672,155 W Mariposa
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San Clemente, CA 92672,155 W Mariposa
San Clemente, CA 92672,155 W Mariposa
San Clemente, CA 92672,155 W Mariposa
San Clemente, CA 92672,155 W Mariposa
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Sam & Eliza Othman

Sam & Eliza Othman

+1(951) 333-5100
$ 4,395,000
Est. payment /mo
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155 W Mariposa San Clemente, CA 92672

9,583 Sqft Lot

UPDATED:

09/30/2024 06:42 PM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision ,Custom Built

MLS Listing ID OC24126760

HOA Y/N No

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

Area Sc - San Clemente Central

Interior

Interior Features Balcony, Laminate Counters

Heating Wall Furnace

Cooling None

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Electric Range, Disposal, Gas Range

Laundry Common Area

Exterior

Parking Features Assigned, Circular Driveway, Driveway Level, Door-Single, Garage, Paved

Garage Spaces 8.0

Garage Description 8.0

Fence Wood

Pool None

Community Features Water Sports

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Flat

Total Parking Spaces 8

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 05813136

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Doug Echelberger • Inhabit Real Estate • 949-463-0400

Sam & Eliza Othman

Broker Associate | License ID: 00928035 - 00961200

+1(951) 333-5100

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155 W Mariposa