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102 E Avenida San Gabriel

San Clemente, CA 92672
  • $1,450,000
  • STATUS: Pending
  • ON SITE: 28 Days
  • MLS #: OC23031070
Pending
UPDATED: 57 min ago
$1,450,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
/
Type:
Multi-Family
Built:
1978
County:

School Ratings & Info

Listing Agent(s): Doug Echelberger of Pacific Sotheby's Int'l Realty (949-498-7711)


Description

Your search for the ultimate income opportunity will pay off at this rare duplex on the golf course in San Clemente. In need of some repairs due to a fire that affected the garage, the two-level building features two apartments and a prime corner-lot location near beaches, shopping, restaurants, downtown San Clemente and I-5. The top-level unit presents gorgeous views of the adjacent San Clemente Municipal Golf Course and offers the advantage of a spacious sunroom, sunny deck and ocean views. A covered patio highlights the lower unit, and both feature two bedrooms, two baths and a living room with fireplace. The upper unit provides ocean views from the deck, living room and master bedroom. The possibilities are many: clear the lot and create a brand-new building, repair the garage and upgrade the apartments, lease both units for maximum income potential, or live in one and rent the other. Living areas currently encompass a combined total of approximately 2,232 square feet and the site extends about 4,792 square feet.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-24T08:27:22.713. 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 or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/137211449
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102 E Avenida San Gabriel San Clemente, CA 92672

  • Price: $1,450,000
  • Status: Pending
  • On Site: 28 Days
  • Updated: 57 min ago
  • MLS #: OC23031070
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1978
Built
Neighborhood:
/
County:
Orange
Area:
SE - San Clemente Southeast
Property Description
Your search for the ultimate income opportunity will pay off at this rare duplex on the golf course in San Clemente. In need of some repairs due to a fire that affected the garage, the two-level building features two apartments and a prime corner-lot location near beaches, shopping, restaurants, downtown San Clemente and I-5. The top-level unit presents gorgeous views of the adjacent San Clemente Municipal Golf Course and offers the advantage of a spacious sunroom, sunny deck and ocean views. A covered patio highlights the lower unit, and both feature two bedrooms, two baths and a living room with fireplace. The upper unit provides ocean views from the deck, living room and master bedroom. The possibilities are many: clear the lot and create a brand-new building, repair the garage and upgrade the apartments, lease both units for maximum income potential, or live in one and rent the other. Living areas currently encompass a combined total of approximately 2,232 square feet and the site extends about 4,792 square feet.
Exterior Features

Architectural Style Cape Cod Fencing VinylWire Foundation Details Slab Lot Features Back YardLandscapedOn Golf CourseWalkstreetYard Number Of Separate Electric Meters 3 Open Parking Spaces 4 Parking Features ConcreteDoor-MultiDrivewayGarage Faces FrontGarageOn SitePrivate Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Shingle Spa Features None Spa YN No View City LightsHillsNeighborhoodOcean View YN Yes

Interior Features

Accessibility Features No Stairs Appliances Built-In RangeDishwasherGas CooktopGas Range Common Walls 1 Common Wall Cooling None Cooling YN No Door Features Sliding Doors Fireplace Features Living RoomWood Burning Fireplace YN Yes Flooring CarpetTile Heating Forced AirFireplace(S) Heating YN Yes Interior Features Built-In FeaturesOpen Floorplan Window Features Double Pane Windows

Property Features

Cable Tv Expense 0 Cap Rate 4.6 Common Interest Planned Development Community Features BikingCurbsFoothillsGolfGutter(S)HikingParkStorm Drain(S)Street LightsSidewalks Current Financing None Electric Expense 1200 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 88000 Insurance Expense 2400 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupInsideLaundry Closet Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Maintenance Expense 0 Net Operating Income 66000 New Construction YN No New Taxes Expense 145000 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 22000 Other Expense 0 Pest Control Expense 0 Pool Expense 0 Possession Close Of Escrow Property Condition FixerRepairs CosmeticRepairs Major Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 0 Tenant Pays None Trash Expense 300 Utilities Natural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 2400 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-24T08:27:22.713. 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 or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Doug Echelberger of Pacific Sotheby's Int'l Realty (949-498-7711)