514 Avenida Victoria San Clemente, CA 92672
Active
$2,895,000
3 Units
7 Beds
7 Baths
3,829 Area(sq.ft.)
4,006 Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
Unit 1 | 1 | 2 | 2 | No | $ 750 | $ 750 | $ 4,500 |
Unit 2 | 1 | 2 | 2 | No | $ 3,900 | $ 3,900 | $ 4,500 |
Unit 3 | 1 | 3 | 3 | No | $ 5,995 | $ 5,995 | $ 5,995 |
3 | 3 | 7 | 7 | $ 10,645 | $ 10,645 | $ 14,995 |
MLS #: | PW24239069MR |
Days On Market: | 1 |
County: | Orange County |
Property Type: | Residential Income |
Price per ft2: | $ 756 |
Price per unit: | $ 965,000 |
Year Built: | 1975 |
Property Details
Pleased to present 514 Avenida Victoria, a rare coastal triplex nestled in the heart of San Clemente s coveted Pier Bowl! This exclusive 3,829 SF property, built in 1975, offers spacious 2- and 3-bedroom units just half a block from the sand and iconic San Clemente Pier the ultimate location for beachside living or investment. With stunning ocean views and ADU potential, this property provides incredible flexibility and opportunity. Located in one of the few short-term rental zones, 514 Avenida Victoria offers exceptional upside in rental income, making it an ideal choice for both investors and vacation-goers. Seize this unique opportunity to own in the vibrant Pier Bowl, a beloved neighborhood known for its coastal charm, walkable lifestyle, and endless access to dining, shopping, and scenic oceanfront pathways.Interested in this Listing?
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Income Details
Rent Control: | Yes |
Gross Operating Income: | $ 123,907 |
Total Annual Expense: | $ 38,954 |
Net Operating Income: | $ 84,953 |
Cap Rate: | 2.9% |
Gross Rent Multiplier: | 22.66 |
Structure
Community Features: | Curbs, Gutters, Sidewalks |
Sewer: | Public Sewer |
Water: | Public |
Land & Parking
Land Lease Type: | Fee |
Interior
Heating: | Central |
Fireplace Rooms: | Living Room |
Laundry: | Gas Dryer Hookup, Washer Hookup |
Exterior
Pool: | No |
Detailed Map
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