Active

239 Avenida Pelayo

San Clemente CA, 92672

$3,525,000


$567.54 per sqft

Active

6,211 sqft

Multi-family

Built in 1965

Listed by Randall Mycorn with R L M Equities 949-573-5309

Turnkey Coastal 6 Unit property located one block from the beach. All 6 units were renovated in 2024 and are now leased at market rates. All units have: Vinyl/wood flooring, dual pane windows, new kitchens cabinets and countertops, reglazed tub/showers, new doors, updated electric panels, new heating, new lighting and electric outlets and switches.

This property has the highest cap rate of any competing coastal market asset. Priced to sell quickly!

NP24234057

MLS ID

November 14, 2024

Listed

November 22, 2024

Updated

Map

239 Avenida Pelayo
San Clemente CA, 92672

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.18 Acres


Lot Features

11-15 Units/Acre


Sewer

Public Sewer

Other Property Details

Area Name

CD - Coast District


Garage

No


Parking Total

12


View

No


County

Orange


Water Source

Public


Pool

No


Pool Features

None


Zoning

R3

Listing Contact: 949-573-5309 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/22/2024 at 7:13 PM UTC

 

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