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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Schools
Interior
Exterior
Community Features
Curbs, Gutters, Sidewalks, Storm Drains
Garage Spaces
0.00
Lot Features
Lot 10000-19999 Sqft
Parking Spots
7.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address244 W Avenida Palizada San Clemente CA
- Area699 – Not Defined
- CitySan Clemente
- CountyOrange
- Zip Code92672
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Courtesy of Morgan Skenderian. 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 2025. California Regional Multiple Listing Service. All rights reserved.
244 W Avenida Palizada
San Clemente, CA
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