505 Monterey Lane

  • San Clemente

  • $5,275,000

Residential Income Details

MAJOR PRICE REDUCTION! HIGHLY MOTIVATED SELLERS!! 505 West is quintessential Southern California coastal real estate. This investment opportunity is located in the highly desirable "Pier Bowl" location of San Clemente, just a few steps to beaches (including world class surfing spots), historical San Clemente pier, restaurants and shops. 505 West has been extensively remodeled, with over $1 million dollars invested into the interiors and exterior of the building bringing modern luxury to San Clemente. This opportunity features (2) studios, (2) one bedroom/one bathroom units and (4) two bedroom/two bathroom units with 75% of all units featuring ocean views. This property features (10) gated community garage spaces, patios, balconies and on-site laundry. 505 West truly is a rare and special piece of Southern California coastal real estate. *Incredible Ocean Views, *Prestigious Pier Bowl Location, *Steps to the beach, Historical San Clemente Pier, Restaurants & Shops, *Over $1 Million in Renovations and Upgrades, *Immaculate Modern Style Interiors, *Prime Candidate for Vacation Rental- Permits Available, *Irreplaceable Real Estate,
MLS #PW18186237
Number of Units8
Sale TypeStandard
Listing BrokerageMorgan Skenderian
Listing AgentRick Applebaum
Listing Agent BRE #01273871
Garage Spaces10
Area699 - Not Defined
CommunityCurbs,Sidewalks,Storm Drains,Street Lighting
Address505 Monterey Lane
CitySan Clemente


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Based on information from California Regional Multiple Listing Service, Inc. as of Monday, September 10, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.