244 W Avenida Palizada
San Clemente, CA, 92672
$2,395,000
Beds
0 Baths
SqFt
0.28 Acres
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Pleased to present 244 West Avenida Palizada, situated in a prime location just 1.5 blocks from the beach, scenic Linda Lane Park, and Casa Romantica. Built in 1960, the subject is comprised of five units plus one non-conforming unit. Essentially, all units are single-story and offer stunning canyon views, patios, and balconies, on-site laundry, and parking for each unit. Additionally, renters are attracted to this location for its easy access to the vibrant downtown scene, just 2 blocks away on Avenida Del Mar. With an added value opportunity of approximately ±20% in rental upside, and a spacious ±12,196 SF lot allowing for potential redevelopment, this property presents a compelling proposition for astute investors seeking a prime residential income opportunity. *Studio is non-conforming.

Property Details

Price:
$2,395,000
MLS #:
PW25005200
Status:
Active Under Contract
Baths:
0
Address:
244 W Avenida Palizada
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
699notdefined
City:
San Clemente
Listed Date:
Jan 8, 2025
State:
CA
ZIP:
92672
Lot Size:
12,196 sqft / 0.28 acres (approx)
Year Built:
1960
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Lot 10000-19999 Sqft
Parking Spots
7.00
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2
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244 W Avenida Palizada
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