207 W Marquita - Apartments FOR SALE


San Clemente, CA 92672
$3,710,000 USD
949-500-5099
207 W Marquita, San Clemente, CA for Sale
$3,710,000 USD
Apartments - FOR SALE
1/9
null | 4.43% Cap Rate

207 W Marquita
San Clemente, CA 92672


HIGHLIGHTS

  • Majority Generously Sized Two Bedroom Units
  • 3 Blocks from Avenida Del Mar - San Clemente's Vibrant Downtown Destination for Dining, Shopping & Entertainment
  • Well Maintained Asset with Newer Windows, Updated Electrical, SB721 Compliant & More
  • Scenic Canyon Vistas & Walking Distance to the Sand
  • 1971 Construction
  • First Time on Market in Over 30 Years

OVERVIEW

Introducing 207 W Marquita, a prime investment opportunity in San Clemente. This 6,261 SF multifamily property comprised of (1) one bedroom/one bathroom unit, (5) two-bedroom/one and three quarter bathroom units, and one extremely desirable two bedroom/one and one half bathroom townhouse style unit, boasting scenic canyon vistas and a central location just 3 blocks from Avenida Del Mar. Built in 1971, this well-maintained asset features updated electrical, newer windows, and SB721 compliance. With its desirable location and first-time market listing in over 30 years, this property offers an enticing prospect for multifamily/low-rise/garden investors seeking a solid investment in the thriving San Clemente area.

FOR SALE DETAILS

PRICE

$3,710,000 USD

PRICE/SF

$593 USD /SF

# OF UNITS

7

PRICE/UNIT

$530,000

CAP RATE

4.43%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,216 SF

ZONING

R3, San Clemente

APN/PARCEL ID

058-132-11

ASK ABOUT THIS PROPERTY

Rick ApplebaumMorgan-Skenderian Investment Real Estate GroupMore Info
949-500-5099

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Rick ApplebaumMorgan-Skenderian Investment Real Estate GroupMore Info
949-500-5099

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