$ 2,350,000
-
$2,350,000
Price -
4
Bed -
3
Bath -
1,928
SqFt -
0.1
Acre
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About the Listing OC13532 - OCBELLASH
Set in one of San Clemente’s most up-and-coming neighborhoods, this mid-century North Beach triplex sits half a block from the ocean and close to many of the area’s 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 owner’s extensive renovations combined with the current owner’s 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 204’s, the new Miramar Food Hall, a 2.5-mile beach trail, neighborhood coffee shops, and bars. Also an easy bike, golf cart, or walk to Downtown’s Avenida Del Mar, and the train stops close by for commuters. A unique multifamily investment with location and architectural flair, truly a rare opportunity in San Clemente.
Listing Highlights for 228 Avenida Pelayo
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances: Dishwasher, Electric Cooktop, Exhaust Fan, Freezer, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater, Water Purifier, Dryer, Washer
- Air Cond:
- Heating: Central,Wall Furnace
- Fireplaces: Gas,Living Room
- Floor: Laminate
- Basement:
- Other: Beamed Ceilings,Breakfast Bar,Ceiling Fan(s),Attic,Bedroom on Main Level,Main Level Primary
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 5
- Roof: Bitumen,Rolled/Hot Mop
- Others: Rain Gutters,Updated/Remodeled,Turnkey,Frame,Stucco,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Driveway,Off Street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 69211228
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
228 Avenida Pelayo San Clemente, CA 92672
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