227 W Canada
San Clemente, CA, 92672
$1,850,000
Beds
0 Baths
SqFt
0.09 Acres
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Check out this awesome triplex in San Clemente! It&#39'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&#39'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!

Property Details

Price:
$1,850,000
MLS #:
OC24233737
Status:
Active
Baths:
0
Address:
227 W Canada
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
swsanclementesouthwest
City:
San Clemente
Listed Date:
Nov 13, 2024
State:
CA
ZIP:
92672
Lot Size:
3,920 sqft / 0.09 acres (approx)
Year Built:
1964
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Schools

Interior

Appliances
Disposal, Gas Cooktop, Refrigerator
Cooling
None
Heating
Wall Furnace
Window Features
Double Pane Windows

Exterior

Community Features
Sidewalks, Street Lights
Garage Spaces
0.00
Lot Features
Back Yard, Level, Park Nearby, Yard
Parking Features
Carport, Attached Carport, On Site, Parking Space, Tandem Covered, Tandem Uncovered
Parking Spots
6.00
Pool Features
None
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
Neighborhood, Ocean, Peek- A- Boo
Water Source
Public

Financial

Association Fee
0.00

Map

Community

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