Commercial Sale Details
This is the perfect exchange property as it is a pride of ownership OCEAN VIEW ! in the Beach city of San Clemente Ca with 19 units plus a designed managers unit next to laundry ( mangers unit is the 19th unit so you may ask the city convert - another mangers space with full kitchen and studio only adding a bathroom with sewer and hot/cold water next to it and then increase your cash flow - confirm w city. This property is close to town/restaurants and beaches with great 4 story building visability for freeway and it also sits on El Camino Real ( main city street) plus public transportation stops in front and both North/South freeway offramps are within 100/200 ft of the property.
Major upside if city oks the 19th room as like a private apt with yard and room for a private exterior spa and with a little room upgrade increase your room rates by 20%( potential) or do a B/B concept- World class Surfing with T-street, trestles, San Onofre, lowers and Dana Point harbor plus equal distance to San Diego and LA - a short drive up the to Disneyland.
Laundry is on site - income from cellular lease-
THIS IS A HIGH BARRIER TO ENTRY ASSET / Do Not Walk site or contact employees
Listing is for entry-advertisement publication only and owner will do all negotiations/draft responses and control escrow - administration only by Tom ODonnell
|Price Per SqFt||$364.90|
|Area||SE - San Clemente Southeast|
|Listing Brokerage||HomeSmart, Evergreen Realty|
|Listing Agent||Thomas ODonnell|
|Listing Agent BRE #||00770183|
Based on information from California Regional Multiple Listing Service, Inc. as of Monday, October 8, 2018.
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