256 Avenida Monterey,
Home For Sale
EXCEPTIONAL INVESTMENT OPPORTUNITY: "AS-IS" ZONE R-3 PROPERTY NEAR BEACH AND DOWNTOWN WITH DEVELOPMENT POTENTIAL. Size this rare chance to invest in a prime location! This "as-is" duplex offers unparalleled potential, situated within walking distance to both the beach and vibrant downtown. Here is why this property is a standout opportunity: Just a leisurely stroll away from beautiful San Clemente Pier and T-street and walking distance from Del Mar. Duplex configuration with existing rental income potential. Ideal for immediate rental or redevelopment. SOLD AS-IS This property is being offered in its current condition, presenting a unique opportunity for visionary investors. RAZE AND REBUILD: Capitalize on the potential to demolish the current structure and construct up to three new units, (check with city)maximizing the property's value and rental income. Take advantage of favorable zoning laws that support multi-unit development, ensuring a lucrative return on investment. Ideal for developers looking to create high-value, modern housing in a coveted neighborhood. The combination on beachside allure and downtown amenities guarantees steady market appreciation. Transform this "as-is" duplex into a modern multi-unit complex, reaping the benefits of its exceptional location and high development potential. DON'T MISS OUT ON THIS UNIQUE INVESTMENT OPPORTUNITY.
Property Details
Additional Information
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- County:
- Orange
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- Zip:
- 92672
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- MLS® #:
- PW24100451
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- Bedrooms:
- 3
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- Lot Size:
- 0.18
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- Neighborhood:
- OC - SAN CLEMENTE (92672)
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Listing information last updated on July 28th, 2024 at 11:45pm PDT.