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.
Property Details
Price:
$4,395,000
MLS #:
OC24126760
Status:
Active
Baths:
0
Address:
155 W Mariposa
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
scsanclementecentral
City:
San Clemente
Listed Date:
Jun 20, 2024
State:
CA
ZIP:
92672
Lot Size:
9,583 sqft / 0.22 acres (approx)
Year Built:
1960
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Schools
Interior
Appliances
Disposal, Gas & Electric Range
Cooling
None
Fireplace Features
None
Flooring
Laminate
Heating
Wall Furnace
Interior Features
Balcony, Formica Counters
Window Features
Double Pane Windows
Exterior
Community Features
Watersports
Fencing
Wood
Foundation Details
Slab
Garage Spaces
8.00
Lot Features
Level with Street
Parking Features
Assigned, Circular Driveway, Paved, Driveway Level, Garage – Single Door
Parking Spots
8.00
Pool Features
None
Roof
Flat
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
All Utilities
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address155 W Mariposa San Clemente CA
- AreaSC – San Clemente Central
- CitySan Clemente
- CountyOrange
- Zip Code92672
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Courtesy of Inhabit Real Estate. 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 include the name of the listing broker. Neither the listing company nor 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.
155 W Mariposa
San Clemente, CA
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