Skip to main content
Closed
129 W Canada San Clemente, CA 92672
Sold Price $2,800,000
List Price $3,100,000

Property listed by Compass, Amber Booth. IDX Contact: 949-438-4340

Contact Me to Learn More

David Csira

David Csira

Founder

DRE# 01491451

Property Description

Enormous potential for steady rental income in this unique melrose-style beach property. Rare 6-unit Building situated on an oversized lot of 9,583 Sq. Ft. with 6 parking spaces. The building is on the West side of the freeway in the midst of the quaint seaside village of San Clemente, the Village By the Sea. The community offers world-famous surf breaks, a 2.5 mile beachside walking trail which passes by the Historical San Clemente Pier. The building will have little vacancy as the rental history is very strong. All units are 1 Bedroom, 1 Bath with remodeled Kitchen and remodeled Bathrooms. New Appliances, and new engineered hardood flooring throughout. Tasteful rustic wood beamed ceilings in the upstairs units, and two of the upstairs units feature peak-a-Boo ocean views. The exterior has been recently painted and all Windows are new. Ample parking with 6 Carports which each contain storage units. This is an enormous lot with incredible potential for redevelopment.

Property Details & Features

Property Type

  • Residential Income

Year Built

  • 1962

House

  • 2 total stories
  • Built in 1962
  • Stories: 2
  • 3780 total building sqft
  • 2+ Common Walls
  • Two

Community

  • Biking
  • Curbs
  • Street Lights

Expenses

  • Insurance Expense: $2,000
  • Operating Expense: $40,000
  • Water Sewer Expense: $1,200

Garage

  • 6 garage spaces

Income

  • Gross Income: 111200
  • Gross Scheduled Income: 151200
  • Net Operating Income: 111200

Laundry

  • Common Area

Listing

  • Listing ID: OC21077241
  • 72 days on market
  • Listed on 2021-04-15

Location

  • County: Orange

Lot

  • 9583 sqft
  • 0.22 acres
  • Area: 9583
  • 6-10 Units/Acre

Parking

  • 6 total parking spaces

Property

  • Single building
  • 6 units
  • Property attached

Sewer

  • Public Sewer

Taxes

  • New Taxes: $36,000

Utilities

  • 6 separate electric meters
  • 7 separate gas meters
  • 6 separate water meters

Listings by agent

View All Properties

Explore all of our featured, current and past listings.

EXPLORE

Are You Selling?

Learn about our process and find out what your home is worth.

LEARN MORE

Are You Buying?

Find out why our buying process is unique and browse our current and past listings.

LEARN MORE

Let’s Talk

You’ve got questions and we can’t wait to answer them.

We use cookies and tracking technology in connection with your activities on our website. By viewing and using our website, you consent to our use of cookies and tracking technology in accordance with our Privacy Policy.