Bought with Rod Rodrigues • 2020 Realty
$2,050,000
$2,099,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
688 Camino De Los Mares San Clemente, CA 92673
8 Beds
3,690 SqFt
Key Details
Sold Price $2,050,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,690 sqft
Price per Sqft $555
MLS Listing ID CROC23149785
Bedrooms 8
Year Built 1973
Lot Size 0.320 Acres
Property Sub-Type Fourplex
Property Description
Most people know San Clemente is famous for having "The World's Best Climate" but it also has so much more: World-class beaches, outdoor mall, great dining, award-winning schools and that casual, laid-back California lifestyle that is the envy of the world. This property has been mostly updated by the current owners with the three-bedroom unit and one of the two-bed units completely updated with new luxury-vinyl floors, new appliances, recessed lighting, custom tiled baths, new bathroom fixtures and quartz counter tops. The other two-bed unit has been newly refreshed with partial vinyl flooring (kitchen, baths and bedrooms), paint, lighting and other nice touches. Along with the improvements, rents have been brought up to current levels, resulting in an excellent cap rate and not forcing the new owner to wrestle with challenging evictions...the work has already been done.
Location
State CA
County Orange
Area Sc - San Clemente Central
Interior
Heating Forced Air
Cooling None
Fireplaces Type Family Room
Laundry Laundry Area, Washer, Dryer
Exterior
Parking Features Garage
Garage Spaces 4.0
Pool None
View None
Building
Water District - Public
Others
Special Listing Condition Not Applicable
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