San Clemente, CA 92672,239 Avenida Pelayo
Listed by Randall Mycorn • R L M Equities
Bought with Cody Charnell • Sage Real Estate

$3,400,000

$3,525,000

3.5%
Est.Price: ?

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Est. payment /mo

6,211 SqFt


SOLD DATE : 01/01/2025

Key Details

Sold Price $3,400,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 6,211 sqft

Price per Sqft $547

MLS Listing ID CRNP24234057

Sold Date 01/01/25

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1965

Lot Size 7,841 Sqft

Property Sub-Type Other

Property Description

Turnkey Coastal 6 Unit property located one block from the beach. All 6 units were renovated in 2024 and are now leased at market rates. All units have: Vinyl/wood flooring, dual pane windows, new kitchens cabinets and countertops, reglazed tub/showers, new doors, updated electric panels, new heating, new lighting and electric outlets and switches. This property has the highest cap rate of any competing coastal market asset. Priced to sell quickly!

Location

State CA

County Orange

Interior

Fireplace No

Laundry Other

Building

Water Public

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