608 Calle Canasta,  San Clemente CA, 92673 (Residential Income)

3,700 sqft
Status: Sold
MLS#: PW16081816
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Last Updated: 12/4/2016 12:15 PM
Description for 608 Calle Canasta San Clemente, CA 92673
Large 3700 sq ft well-maintained 4 unit building on a 6732 sq ft lot in north San Clemente. One ground level 3 bedroom 2 bath unit with two patios, two 2 bedroom 2 bath units (upper has a balcony and lower has a patio) and one upper 1 bedroom 1 bath unit with a large private deck. Each unit has its own garage and there is a coin laundry room on the premises. Long term tenants with zero vacancies in over 12 years. Rents have not been increased for many years, lots of room to raise rents to current market, owner has had a long term relationship with all the tenants and choice to keep rents low… This area is very desirable and has very little vacancy if any…. All units have private garages and close to work, shopping and beaches…. Don’t miss out on this opportunity to own a wonderful building in a beach community…. The laundry room brings in $500 per month and is listed as the 5th unit in the income area of the MLS....
Price
Sold Price:
$1,212,500
Sold Date:11/14/2016
Orange
3,700 (approx)
PW16081816
Closed
Description
Large 3700 sq ft well-maintained 4 unit building on a 6732 sq ft lot in north San Clemente. One ground level 3 bedroom 2 bath unit with two patios, two 2 bedroom 2 bath units (upper has a balcony and lower has a patio) and one upper 1 bedroom 1 bath unit with a large private deck. Each unit has its own garage and there is a coin laundry room on the premises. Long term tenants with zero vacancies in over 12 years. Rents have not been increased for many years, lots of room to raise rents to current market, owner has had a long term relationship with all the tenants and choice to keep rents low… This area is very desirable and has very little vacancy if any…. All units have private garages and close to work, shopping and beaches…. Don’t miss out on this opportunity to own a wonderful building in a beach community…. The laundry room brings in $500 per month and is listed as the 5th unit in the income area of the MLS....
Listing Information
Property Type: Cluster, 2 Story
0.15 Acres 653,400 sq.ft. 3,700 (approx)
$327.7 1973
Yes- 4 spaces 2
4 Total
Neighborhood
Room Information
Exterior / Lot Features
4 Garage Spaces, 4 Parking Spaces
None
No Pool
Street Lights, Curbs Walk
Driving Directions
Cross Streets: Camino De Los Mares
Financial Considerations
67511116
$80,000 Income ,$24,000Expense
Listing Price History

San Clemente Real Estate

San Clemente is located in California. San Clemente, California 92673 has a population of 63,187.

The median household income in San Clemente, California 92673 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 92673 is 39.6 years.

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Courtesy: RESIDENTIAL R.E.SPECIALISTS Kelly Gwin
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