The subject property is a three-unit multi-family property located in a prime location just within walking distance to both Downtown San Clemente and the beach. The property features two stories with three one bedroom one bath units, with all three units showcasing an outstanding city view balcony. Tenants have full access to the attached garages on the first floor and additional street parking. A spacious backyard is able to accommodate tenants' friends and family get togethers. In addition, there is an on-site laundry to generate additional income. The building is well maintained and managed by the current owner from out of the area. The property is located in San Clemente, a beautiful and safe beach community just west of the I-5 freeway, midway in between Los Angeles and San Diego. It is a five-minute walk to Las Palmas Elementary School, and a seven-minute drive to San Clemente High School. Surrounding attractions include the San Clemente Pier, the Outlet at San Clemente, Ole Hanson Beach Club, Casino San Clemente, Casa Romantica Cultural Center, Maxburg Plaza Park, and Historical Downtown San Clemente, etc. San Clemente has the perfect Mediterranean climate where temperatures tend to average in the 70's year-round, and days of sunshine are as high as 310 days; plus, it catches swells all year, making it one of the major surfing destinations in the world. As of 2010 census, the median family income in San Clemente was $87,000 median home value was $605,000.
Listing courtesy of MARCUS & MILLICHAP.
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