247 AVENIDA SANTA BARBARA, San Clemente, CA 92672
Pending
$2,149,900
3%
4 Units
3 Beds
3 Baths
2,874 Area(sq.ft.)
Lot: 4,844 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 4 | 1 | 1 | $ 2,050 | $ 2,050 | $ 2,250 | |
| Unit 2 | 4 | 2 | 2 | $ 2,450 | $ 2,450 | $ 2,665 | |
| 8 | 12 | 12 | $ 18,000 | $ 18,000 | $ 19,660 |
| MLS #: | NDP2500800MR |
| Days On Market: | 378 |
| Listing Date: | January 22, 2025 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 748 |
| Price per unit: | $ 537,475 |
| Year Built: | 1963 |
Property Details
Price improvement! Prime location! West of the 5! This property has a walk score of 93! Walk to the pier or downtown area filled with shops and restaurants. Major renovations completed in 2017 include new kitchens and baths. This property has a garage for each unit. Every unit has a deck or patio. All units are currently rented month to month. Close escrow and start collecting rents. Termite report and physical inspection are in the document section.Interested in this Listing?
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Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 36,943 |
| Net Operating Income: | $ 65,603 |
| Cap Rate: | 2.95% |
| Actual Gross Rent: | $ 103,200 |
Structure
| Community Features: | Sidewalks, Storm Drains, Street Lights, Suburban |
| Sewer: | Public Sewer |
Land & Parking
| Zoning: | One to 4 units |
| Land Lease Type: | Fee |
Interior
| Laundry: | Community |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
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Income
