REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

LJ Bognot

lj@ljbognot.com +1(858) 610-8583

$ 2,350,000

Est. payment | -/mo

4 Beds

3 Baths

4,356 Sqft Lot

Save

$ 2,350,000

Est. payment | -/mo

Save

4 Beds

3 Baths

4,356 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26199859

Bedrooms 4

Lot Size 4,356 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Set in one of San Clementes most up-and-coming neighborhoods, this mid-century North Beach triplex sits half a block from the ocean and close to many of the areas exciting attractions. Each unit has a distinctly mid-century beach feel with beamed ceilings, appealing geometric lines, laminate wood-look flooring throughout, white cabinetry, and quartz countertops. All units are turnkey with the previous owners extensive renovations combined with the current owners improvements of all-new electrical panels (2024), new water heater in the 1-bedroom unit (2024), and a reverse osmosis water filtration system in the 2-bedroom unit (2023). Set furthest back from the street, Unit C offers 2 bedrooms and 1 bath, a generously sized open floor plan, fireplace, and completely enclosed private wraparound yard complete with garden boxes. In the center of the building, Unit B offers 1 bedroom and 1 bath, an airy and open living area, and a massive private deck looking out to the neighborhood. At the front of the building, Unit A is a ground-level Studio with small fridge & freezer, induction cooktop, microwave, double-basin sink, and a private bathroom with walk-in shower. Each residence conveniently has a dedicated driveway parking spot, and Unit C currently has exclusive use of the 2-car garage. Both in-unit laundry and dedicated parking are difficult to come by for multifamily investments in this area. This turnkey investment opportunity is currently producing $117,600 in gross annual income and located in close proximity to the beloved surf break 204s, the new Miramar Food Hall, a 2.5-

Location

State CA

County Orange

Zoning Assessor

Direction Heading southwest on Avenida Pelayo, property is located on the right / northwest side of street.

Interior

Heating Combination Heating, Fireplace

Fireplace No

Exterior

View Y/N No

Roof Type Rolled/Hot Mop

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 69211228

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Listed by Ashley Hyde, DRE#01996461 Compass

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(858) 610-8583

lj@ljbognot.com

2820 Camino del Rio S Suite 300, San Diego, CA 92108, USA

Learn More About LPT Realty

228 Avenida Pelayo San Clemente, CA 92672