Jon Mitchell, Xavier Hendricks of Kidder Mathews are
pleased to present 3 turnkey apartment units located
at 117 Avenida Algodon in the robust rental market of
San Clemente, California. This highly renovated 3-unit
apartment building offers a combination of strong
income potential and significant value appreciation.
Built in 1965, completely and tastefully renovated in
2025 by the owner who invested almost $500,000 in
capital improvement and consists of ±2,941 rentable
square feet. The property is situated on one parcel
totaling ±0.10 acres and includes individual garages,
3 assigned open spots and street parking is also
available. The property is separately metered for
gas and electric with a community laundry room that
provides the tenants with their own stacked laundry
machines including private storage closets.
117 Avenida Algodon has been exquisitely renovated
by the current ownership and is a desirable coastal
apartment community that offers investors key
amenities and an exceptional location within Orange
County. The property features 100% two-bedroom
units with functional layouts that consistently attract
long-term tenants. Two of the units enjoy ocean views
creating a unique competitive advantage. Residents
benefit from secured individual garages with epoxy
flooring and automatic garage door openers.