112 Calle Patricia,  San Clemente CA, 92672 (Residential Income)

4,076 sqft
Status: Active
MLS#: OC16181280
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Last Updated: 12/7/2016 2:39 AM
Description for 112 Calle Patricia San Clemente, CA 92672
This incredible investment opportunity has not been on the market since 1972. These 3 units all enjoy views of the ocean, coastline, city lights and night. With this expansive view, one can see San Clemente Island as well as the Dana Point Peninsula. The units benefit from a lot of natural light. Excellent unit mix of (1) 3bd/2ba and (2) 2bd/2ba. The current rents are below market leaving tremendous upside for the new owner. 4.30 ProForma Cap Rate is very realistic. Beyond the fantastic views, each tenant has their very own private garage. Unit A has a two car garage and units B & C each have a (1) car garage. Further, there is another garage available to any of the tenants, which can be used for another car or storage. This is another potential source of income for the Owner. REQUEST OFFERING MEMORANDUM FOR MORE DETAILS.
Price
$1,749,000
Orange
4,076 (approx)
OC16181280
Active
Description
This incredible investment opportunity has not been on the market since 1972. These 3 units all enjoy views of the ocean, coastline, city lights and night. With this expansive view, one can see San Clemente Island as well as the Dana Point Peninsula. The units benefit from a lot of natural light. Excellent unit mix of (1) 3bd/2ba and (2) 2bd/2ba. The current rents are below market leaving tremendous upside for the new owner. 4.30 ProForma Cap Rate is very realistic. Beyond the fantastic views, each tenant has their very own private garage. Unit A has a two car garage and units B & C each have a (1) car garage. Further, there is another garage available to any of the tenants, which can be used for another car or storage. This is another potential source of income for the Owner. REQUEST OFFERING MEMORANDUM FOR MORE DETAILS.
Listing Information
Property Type: Cluster, 2 Story
0.21 Acres 914,800 sq.ft. 4,076 (approx)
$429.1 1972
Yes- 5 spaces 2
3 Total
Neighborhood
Room Information
Laundry Area
Interior Features
None
Wall Unit
Outdoor Fireplace, Electric
Exterior / Lot Features
5 Garage Spaces, 5 Parking Spaces, Assigned Parking Space
None
No Pool
City, Ocean, Panoramic, Coastline View
Sidewalks, Suburban
Driving Directions
Cross Streets: Via Robina
Financial Considerations
69003118
$81,840 Income ,$24,167Expense
Listing Price History

San Clemente Real Estate

San Clemente is located in California. San Clemente, California 92672 has a population of 63,187.

The median household income in San Clemente, California 92672 is $87,184. The median household income for the surrounding county is $75,566 compared to the national median of $53,046. The median age of people living in San Clemente 92672 is 39.6 years.

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Courtesy: First Team Estates John Gessford
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Information is deemed reliable but is not guaranteed.

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