$2,050,000
$2,099,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
688 Camino De Los Mares San Clemente, CA 92673
0.32 Acres Lot
Key Details
Sold Price $2,050,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision ,Unknown
MLS Listing ID LG23148167
Sold Date 11/02/23
HOA Y/N No
Year Built 1973
Lot Size 0.320 Acres
Property Description
Most people know San Clemente is famous for having "The World's Best Climate" but it also has so much more: World-class beaches, outdoor mall, great dining, award-winning schools and that casual, laid-back California lifestyle that is the envy of the world. This property has been mostly updated by the current owners with the three-bedroom unit and one of the two-bed units completely updated with new luxury-vinyl floors, new appliances, recessed lighting, custom tiled baths, new bathroom fixtures and quartz counter tops. The other two-bed unit has been newly refreshed with partial vinyl flooring (kitchen, baths and bedrooms), paint, lighting and other nice touches. Along with the improvements, rents have been brought up to current levels, resulting in an excellent cap rate and not forcing the new owner to wrestle with challenging evictions...the work has already been done.
Location
State CA
County Orange
Area Sc - San Clemente Central
Interior
Interior Features All Bedrooms Down
Heating Forced Air
Flooring Vinyl
Fireplaces Type Family Room
Fireplace Yes
Appliance Dryer, Washer
Laundry Common Area
Exterior
Parking Features Driveway Up Slope From Street, Garage
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Total Parking Spaces 8
Private Pool No
Building
Lot Description Front Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 67511139
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Rod Rodrigues • 2020 Realty