Active

155 W Mariposa

San Clemente CA, 92672

$4,395,000


$728.13 per sqft

Active

6,036 sqft

Multi-family

Built in 1960

Listed by Doug Echelberger with Inhabit Real Estate 949-463-0400

With its outstanding location in the heart of San Clemente and an impeccable tenant history, this eight-unit apartment building presents one of the best commercial residential income opportunities in coastal Orange County. Just minutes from the beach, San Clemente's classic pier, an elementary school, parks, and wonderful shopping and dining attractions along Avenida del Mar, the two-story 1960 Mid-Century Modern building is professionally managed and beautifully maintained inside and out. Eight apartments are centered around a quiet courtyard garden, with four featuring two bedrooms and one- and one-half baths, and four offering one bedroom and one bath. Total living space spans approximately 6,036 square feet, and the rare double sized lot property encompasses about 9,583 square feet. Upgrades include dual-pane windows, upper-floor balcony arbors, a newer roof, and easy-care wood-inspired laminate flooring. A laundry room is featured, and each unit includes a private one-car garage with roll-up door. Located west of I-5, this classic apartment building is a short stroll from Max Berg Plaza Park, and stores and restaurants that line El Camino Real. Dana Point's harbor and lively Lantern Village are only moments away. This is a great long term steady investment in a town with strong rents and rising property values. San Clemente is one of the nicest beach towns with great climate with an extremely low vacancy on apartments.

OC24126760

MLS ID

June 24, 2024

Listed

August 30, 2024

Updated

Map

155 W Mariposa
San Clemente CA, 92672

Interior Features

Total Stories

2


Interior Features

Balcony, Laminate Counters


Appliances

Electric Range, Disposal, Gas Range


Laundry Description

Common Area


Floor Description

Laminate


Fireplace

No


Fireplace Description

None


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.22 Acres


Lot Features

Street Level


Roof

Flat


Sewer

Public Sewer

Other Property Details

Area Name

SC - San Clemente Central


Days on Market

46


Garage

Yes


Garage Spaces

8


Parking

Assigned, Circular Driveway, Driveway Level, Door-Single, Garage, Paved


Parking Total

8


View

No


County

Orange


Water Source

Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

8/9/2024

Price change

$4,395,000

-11%

Listing Contact: 949-498-7711 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. 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 8/30/2024 at 7:54 PM UTC

 

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