1531 Buena Vis - Apartments FOR SALE


San Clemente, CA 92672
$4,595,000 USD
949-230-8454
1531 Buena Vis, San Clemente, CA for Sale
$4,595,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

1531 Buena Vis
San Clemente, CA 92672


HIGHLIGHTS

  • Trophy location
  • Remodeled Units
  • ADU potential

OVERVIEW

We are pleased to present the sale of 1531 Buena Vista, a stunning 5-unit multifamily property located in the City of San Clemente. The property has a favorable mix of units featuring (4) 2 bedroom / 2 bathroom units and (1) 1 bedroom / 1 bathroom unit. Each unit has been remodeled to today’s standards, boasting hard wood style flooring, recessed lighting, dual pane windows, white shaker cabinetry, quartz countertops, and stainless steel appliances. Each unit is separately metered for gas/electricity and has private balconies with jaw dropping City and Ocean views. The property offers the possibility of adding an ADU, which would amplify rental income and elevate the properties overall value. Tenants enjoy the convenience of an on- site laundry room with multiple washer/dryers as well as a community patio with breathtaking ocean views. The property offers ample parking which includes (6) single car garages and (3) additional on-site parking spaces. Tenants appreciate the close proximity to beautiful beaches, Outlets at San Clemente, Ole Hanson Beach Club, and excellent restaurants. Rarely does a property of this caliber come to market and is truly a generational asset you will want to add to your portfolio!

FOR SALE DETAILS

PRICE

$4,595,000 USD

PRICE/SF

$652 USD /SF

# OF UNITS

5

PRICE/UNIT

$919,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1972

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

-

APN/PARCEL ID

692-121-27

ASK ABOUT THIS PROPERTY

Tim CarrPacific Sotheby's International RealtyMore Info
949-230-8454

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Tim CarrPacific Sotheby's International RealtyMore Info
949-230-8454

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