165 Avenida Serra, San Clemente
San Clemente Home For Sale
Great opportunity for ocean close property in downtown SC under 2M which is rare. The attached appraisal for "as is" condition value is 2,024,000 & increases to approx. 2,300,000 upon completion. Construction is estimated from $175K to $225k. This is a rehab project for a cash buyer interested in a mixed use 3 unit w/ great potential. It is in close proximity to shops, entertainment around the corner at the Cabrillo Playhouse, & San Clemente Pier & is 2 streets North of the charming historical downtown of San Clemente: Del Mar street. Zoning is mixed use, consisting of 2 commercial units downstairs & a 3/2 residence on the top with water views. The front lot offers 3 off-street parking spots & a long driveway to the back opening up to 2 parking spots in front of a 2 car garage w/ an attached shed. Back staircase leads to the top floor w/ 2 entries: to the left: a large attached bonus w/ laundry room, & a main entry on the right goes into the living/dining room. This building is ready to build the downstairs to suit for a tenant. The major upgrades are done to the foundation, & new plumbing, new electrical, & new gas. Upstairs bathroom is ready for tile & fixtures w/ plumbing and drywall completed. You're ready to go w/ permits to complete the 3/2. Bonus room is not included in appraised value, due to not being permitted but can be grandfathered in w/ minimal work done adding more value. Many of options to make this your own property or rent out part or all of it. The income will be substantial to the investment as location is in the best part of San Clemente.
Property Details
Additional Information
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- City:
- San Clemente
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- County:
- Orange
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- Zip:
- 92672
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- MLS® #:
- 240018721SD
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- Lot Size:
- 0.09
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- HOA Dues:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of August 15th, 2024 at 4:25pm PDT. 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, 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.