Active
$1,750,000
5%
2 Units
5 Beds
4 Baths
2,293 Area(sq.ft.)
Lot: 4,217 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 2 | No | $ 3,150 | $ 3,150 | $ 3,495 |
| Unit 2 | 1 | 3 | 2 | No | $ 3,600 | $ 3,600 | $ 4,595 |
| 2 | 5 | 4 | $ 6,750 | $ 6,750 | $ 8,090 |
| MLS #: | OC25070627MR |
| Days On Market: | 249 |
| Listing Date: | March 31, 2025 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 763 |
| Price per unit: | $ 875,000 |
| Year Built: | 1976 |
Property Details
Price Improvement! 117 Avenida Del Poniente located in the robust rental market in the City of San Clemente, California. Built in 1976, the property consists of 2,293 rentable square feet and walking distance to the beach! With a walking score of 87, most errands can be accomplished on foot with parks that include Plaza Park, Bonita Canyon and Linda Lane. The superb unit mix consists of one 3 bedroom, two bath & one 2 bedroom, 2 bath unit. The property is situated on one parcel totaling 0.09-acres and includes 1 two car garage, 4 additional on-site parking spaces with street parking also available. The property is also separately metered for gas and electric with a community laundry room. This is an excellent owner occupy opportunity with many new financing options available. Email or call for more details.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Gross Operating Income: | $ 79,380 |
| Total Annual Expense: | $ 25,523 |
| Net Operating Income: | $ 53,591 |
| Cap Rate: | 3.2% |
| Gross Rent Multiplier: | 21.60 |
Structure
| Community Features: | Sidewalks |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
| Parking Garage: | Assigned, Garage - 1 Car, Private |
Interior
| Laundry: | Laundry Area |
| Laundry Equipment: | Own |
| Laundry Income: | 0.00 |
Exterior
| Pool: | No |
Detailed Map
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