This property is 2 Parcels adjacent- 415 & 417 Monterey. Fantastic Opportunity in Premier Location- Top of Hilltop above the Pier Bowl- Famous San Clemente Pier. Never on market before. 6 Units Total- Large 2 story House approx 2645 SF with some OceanViews, Mother in law quarters approx 415 SF and 4 Units 2- 1 br 1 ba approx 744 SF & 2- 1 BR 1 Ba Units approx 627 SF. House and mother in law unit are owner occupied, other units are leased mo/mo. Separate Community Laundry room with washer & Dryer. Home was built approx 1986, Units were built 1978. This is 2 adjacent parcels for sale together. A Unique opportunity- please call agent for more details. Huge Price reduction so we are ready to sell! Don't miss this!
Home Style:
Spanish
Property Sub Type:
Apartment
Property Attached:
Yes
Lot Area:
7,073 sq. ft.657 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1986
(Age: 38)
General Listing Location:
San Clemente, SC - San Clemente Central
County Or Parish:
Orange
Tenant Pays:
Cable TV, Electricity, Gas
Common Interest:
Community Apartment
Gross Income:
$0
Gross Scheduled Income:
$209,400
Net Operating Income:
$155,477
Cap Rate %:
4.0
Rent Control:
No
Total Actual Rent:
$17,650
Association Fee:
$0
Land Lease:
No
Electric Expense:
$3,000
Fuel Expense:
$2,000
Insurance Expense:
$5,000
Taxes expense:
47500.0
Operating Expense:
$52,350
Professional Management Expense:
$0
Trash Expense:
$2,500
Water and Sewer Expense:
$300
Vacancy Allowance Rate:
$1
Tax Lot:
8
Tax Block:
5
I-5 Exit- Presidio, (L) El Camino Real, (R) Victoria,(R) Monterey, top of Hill - Park
Floor
Type
Size
Other
-
Bedroom
00 × 00
All Bedrooms Up
-
Other
00 × 00
Walk-In Closet(s)
-
Living Room
00 × 00
-
-
Kitchen
00 × 00
-
Appliances:
Dishwasher, Disposal, Gas Water Heater, Dryer, Washer
Number of Buildings:
2
Other Structures:
Guest House Detached
# of Electric Meters:
7
# of Gas Meters:
4
# of Water Meters:
2
# Units Leased:
6
Community Features:
Biking, Hiking, Street Lights, Suburban, Sidewalks
Senior Community:
No
Interior Features:
Balcony, In-Law Floorplan, All Bedrooms Up, Walk-In Closet(s)
Laundry Features:
Common Area, Washer Hookup, Gas Dryer Hookup, Laundry Room
Pool Features:
None
Private Pool:
No
Lot Features:
Irregular Lot
Waterfront Features:
Ocean Side Of Freeway, Ocean Side Of Highway
Fireplace Features:
Living Room
Security Features:
Carbon Monoxide Detector(s), Fire Detection System, Smoke Detector(s)
Subdivision Name:
Pier Bowl
Direction Faces:
North
Levels:
Two
Num Stories:
2
Entry Level:
1
Entry Location:
1,2
Construction Materials:
Stucco, Copper Plumbing
New Constr.:
No
Flooring:
Carpet
Foundation:
Slab
Roof:
Tile
Common Walls:
1 Common Wall
# Units:
6
Property Condition:
Repairs Cosmetic, Updated/Remodeled
Heating:
Forced Air
Fireplace:
Yes
Cooling:
None
Utilities:
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available