119 Coronado Ln - Apartments FOR SALE


San Clemente, CA 92672
$3,999,000 USD
949-285-5797
119 Coronado Ln, San Clemente, CA for Sale
$3,999,000 USD
Apartments - FOR SALE
1/48
null | 4.25% Cap Rate

119 Coronado Ln
San Clemente, CA 92672


HIGHLIGHTS

  • Walking Distance to Beach and Pier
  • Ocean Views
  • 10 Parking Spaces

OVERVIEW

Steps to the sand, surf, and the iconic San Clemente Pier, this rare six-unit property is perfectly positioned in the heart of San Clemente's sought-after Pier Bowl neighborhood. Boasting whitewater ocean views and just a short stroll to the beach, restaurants, shops, and the San Clemente Beach trail, this property is a dream for investors and renters! Property has been recently updated inside and outside, very well maintained with solid rental income. Situated on a street-to-street lot and consisting of two 2 bed/1 bath units and four 1 bed/1 bath units, making it ideal for short-term or long-term rental opportunities. All units feature large ocean-view balconies, perfect for soaking in the coastal lifestyle. With its incredible location in a highly desirable coastal area, flexible layout, and unbeatable access to the best of San Clemente, this property is a true trophy asset!

FOR SALE DETAILS

PRICE

$3,999,000 USD

PRICE/SF

$851 USD /SF

# OF UNITS

6

PRICE/UNIT

$666,500

CAP RATE

4.25%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

SP

APN/PARCEL ID

692-022-09

ASK ABOUT THIS PROPERTY

Bill ConradConrad & Associates RealtorsMore Info
949-285-5797

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Bill ConradConrad & Associates RealtorsMore Info
949-285-5797

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.