Discover a unique investment opportunity in the heart of charming downtown San Clemente with this immaculate single-level triplex, which perfectly blends coastal charm and modern upgrades. Comprising three 1-bedroom, 1-bathroom beach cottages, this property offers a seamless blend of relaxation and convenience. Each unit boasts inviting front and rear patios, providing private outdoor spaces for tenants or owners to enjoy the refreshing sea breeze.
Over the years, the building has undergone significant improvements. Initially, the concrete and retaining wall on the east side were replaced, and new drains were installed. This was followed by the replacement of concrete on the west side, with new drains and planters added. The kitchen and bathrooms have been upgraded in all units. Additionally, the original cast iron waste lines were removed and replaced with modern ABS waste lines.
The building''s electrical system was upgraded with a new panel, and washer and dryer hookups were added to the garages. New vinyl flooring was installed in Apartments B and C. A major rebuild of the front of the building included new garage floors, walls, doors, openers, a deck, an enclosed patio, a roof, and vinyl windows for Apartment A. The attics of all units were insulated, additional attic vents were installed, and both the interior and exterior of Apartment A and the front of the building were repainted. Most recently, Apartment B received new windows, a new roof, and fresh interior and exterior paint, further enhancing the building''s overall appeal and functionality. These extensive renovations ensure peace of mind and low maintenance for years to come.
Unit A features an expansive view deck, a perfect spot to unwind while taking in the panoramic vistas and the vibrant life of downtown San Clemente. Just a short stroll away, you’ll find the bustling Avenida Del Mar, brimming with delightful shopping and dining options, and the iconic San Clemente Pier, where the sun meets the surf.
Whether you’re looking to expand your investment portfolio or searching for a perfect vacation home with additional rental income, this triplex offers unparalleled flexibility. Live in one unit and rent out the others, or lease all three for a steady revenue stream in a sought-after location.
Don’t miss out on this rare opportunity to own a piece of California’s beautiful coastline.
Over the years, the building has undergone significant improvements. Initially, the concrete and retaining wall on the east side were replaced, and new drains were installed. This was followed by the replacement of concrete on the west side, with new drains and planters added. The kitchen and bathrooms have been upgraded in all units. Additionally, the original cast iron waste lines were removed and replaced with modern ABS waste lines.
The building''s electrical system was upgraded with a new panel, and washer and dryer hookups were added to the garages. New vinyl flooring was installed in Apartments B and C. A major rebuild of the front of the building included new garage floors, walls, doors, openers, a deck, an enclosed patio, a roof, and vinyl windows for Apartment A. The attics of all units were insulated, additional attic vents were installed, and both the interior and exterior of Apartment A and the front of the building were repainted. Most recently, Apartment B received new windows, a new roof, and fresh interior and exterior paint, further enhancing the building''s overall appeal and functionality. These extensive renovations ensure peace of mind and low maintenance for years to come.
Unit A features an expansive view deck, a perfect spot to unwind while taking in the panoramic vistas and the vibrant life of downtown San Clemente. Just a short stroll away, you’ll find the bustling Avenida Del Mar, brimming with delightful shopping and dining options, and the iconic San Clemente Pier, where the sun meets the surf.
Whether you’re looking to expand your investment portfolio or searching for a perfect vacation home with additional rental income, this triplex offers unparalleled flexibility. Live in one unit and rent out the others, or lease all three for a steady revenue stream in a sought-after location.
Don’t miss out on this rare opportunity to own a piece of California’s beautiful coastline.
Property Details
Price:
$1,895,000
MLS #:
OC24104462
Status:
Active Under Contract
Baths:
0
Address:
224 Avenida Cabrillo
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
scsanclementecentral
City:
San Clemente
Listed Date:
May 25, 2024
State:
CA
ZIP:
92672
Lot Size:
3,920 sqft / 0.09 acres (approx)
Year Built:
1951
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Community Features
Golf, Watersports, Sidewalks, Street Lights
Garage Spaces
3.00
Lot Features
11-15 Units/ Acre
Parking Spots
6.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address224 Avenida Cabrillo San Clemente CA
- AreaSC – San Clemente Central
- CitySan Clemente
- CountyOrange
- Zip Code92672
Similar Listings Nearby
- 313 Avenida Del Mar
San Clemente, CA$2,450,000
0.20 miles away
- 119 E Mariposa
San Clemente, CA$2,300,000
0.39 miles away
- 205 W Mariposa
San Clemente, CA$2,285,000
0.23 miles away
- 115 Avenida Granada
San Clemente, CA$2,200,000
0.26 miles away
- 314 Avenida Madrid
San Clemente, CA$2,199,999
0.34 miles away
- 144 W Canada
San Clemente, CA$2,150,000
0.34 miles away
- 34538 Calle Naranja
Dana Point, CA$2,098,000
3.35 miles away
- 34564 Camino Capistrano
Dana Point, CA$1,950,000
4.07 miles away
- 156 W Mariposa
San Clemente, CA$1,895,000
0.22 miles away
Courtesy of CENTURY 21 Affiliated. 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.
224 Avenida Cabrillo
San Clemente, CA
LIGHTBOX-IMAGES