217 Avenida Monterey

    San Clemente, CA 92672
    • $2,300,000
    • STATUS: Active
    • ON SITE: 120 days
    • ID#: OC18169716
    UPDATED: 50 min ago
    $2,300,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,957
      SQFT
    • $581
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1972
    County:

    School Ratings & Info

    Description

    Incredible opportunity to own a multi-family income property with NNN cash flow. Coastal downtown location, high quality building in good condition. All units currently leased to a corporate operator through 2022 with annual increases. Current net income of $8,955.39 per month and tenant pays all expenses (taxes, insurance and maintenance).

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T18:32:06.423. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.mainstreetgroup.com/homes/85622117

    217 Avenida Monterey San Clemente, CA 92672

    • Price: $2,300,000
    • Status: Active
    • Updated: 50 min ago
    • ID#: OC18169716
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,957
    SQFT
    $581
    $/SQFT
    1972
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    SC - San Clemente Central
    Property Description
    Incredible opportunity to own a multi-family income property with NNN cash flow. Coastal downtown location, high quality building in good condition. All units currently leased to a corporate operator through 2022 with annual increases. Current net income of $8,955.39 per month and tenant pays all expenses (taxes, insurance and maintenance).
    Exterior Features

    Garage Spaces 8.00 Lot Features Lot-Level/Flat Lot Size Source Assessor Lot Size Units Square Feet Parking Total 8.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Inside

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Suburban Country Us Elevation Units Feet Gross Income 107464.00 Gross Scheduled Income 107464.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 107464.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Operating Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Core Downtown Total Expenses 0.00 Trash Expense 0.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Dj Yeilding of Century 21 Award and Dan Yeilding of Century 21 Award.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T18:32:06.423. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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