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!
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!
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
See this Listing
Mortgage Calculator
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
- Address227 W Canada San Clemente CA
- AreaSW – San Clemente Southwest
- CitySan Clemente
- CountyOrange
- Zip Code92672
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Courtesy of Compass. 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.
227 W Canada
San Clemente, CA
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