CA > San Clemente > Beach & Downtown Close Location
San Clemente, CA 92672,227 W Canada #1-3
San Clemente, CA 92672,227 W Canada #1-3
San Clemente, CA 92672,227 W Canada #1-3
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,850,000
Est. payment /mo
3,920 Sqft Lot
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UPDATED:

11/21/2024 02:31 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Beach & Downtown Close Location

MLS Listing ID OC24233737

Construction Status Turnkey

HOA Y/N No

Year Built 1964

Lot Size 3,920 Sqft

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!

Location

State CA

County Orange

Area Sw - San Clemente Southwest

Interior

Interior Features Primary Suite

Heating Wall Furnace

Cooling None

Inclusions Washer and dryer, sink in basement area

Fireplace No

Appliance Gas Cooktop, Disposal, Refrigerator, Dryer, Washer

Laundry Common Area, Laundry Room

Exterior

Garage Attached Carport, Covered, Carport, On Site, One Space, Tandem, Uncovered

Carport Spaces 3

Pool None

Community Features Street Lights, Sidewalks, Park

Waterfront Description Ocean Side Of Freeway

View Y/N Yes

View Neighborhood, Ocean, Peek-A-Boo

Total Parking Spaces 6

Private Pool No

Building

Lot Description Back Yard, Level, Near Park, Yard

Story 2

Entry Level One,Two

Sewer Public Sewer

Water Public

Level or Stories One, Two

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 69208225

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Energy Description 1596.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Johanna Andren • Compass • 949-293-2196

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