$3,525,000
239 Avenida Pelayo
San Clemente, CA, 92672
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!
This property has the highest cap rate of any competing coastal market asset. Priced to sell quickly!
Property Details
Price:
$3,525,000
MLS #:
NP24234057
Status:
Active Under Contract
Baths:
0
Address:
239 Avenida Pelayo
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
cdcoastdistrict
City:
San Clemente
Listed Date:
Nov 14, 2024
State:
CA
ZIP:
92672
Lot Size:
7,841 sqft / 0.18 acres (approx)
Year Built:
1965
Schools
Interior
Exterior
Community Features
Suburban
Garage Spaces
0.00
Lot Features
11-15 Units/ Acre
Parking Spots
12.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
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Courtesy of R L M Equities. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 239 Avenida Pelayo
San Clemente, CA
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