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Listed by Rick Applebaum • Morgan Skenderian
$ 4,600,000
Est. payment /mo
New
313 Acebo Lane San Clemente, CA 92672
5,543 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,543 sqft
Price per Sqft $829
MLS Listing ID CRPW25261999
HOA Y/N No
Year Built 1960
Lot Size 5,600 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
Pleased to present this exceptional coastal investment opportunity in San Clemente's coveted Pier Bowl. This rare 7-unit apartment complex offers investors the perfect blend of prime location, turnkey condition, and income growth potential. Just steps from the sand, pier, and Avenida Del Mar (downtown), the property features ocean views from most units and an unbeatable walkable lifestyle that consistently drives tenant demand. Each two-bedroom, one-bath unit has been tastefully upgraded featuring new kitchens with modern cabinetry, stainless steel appliances, stylish tile backsplashes, and contemporary flooring throughout. The bathrooms have been fully remodeled with new vanities, tile surrounds, and shower/tubs while the building itself has been meticulously maintained with a newer roof, dual-pane windows, and fresh exterior paint-minimizing capital expenditures. Several units offer private balconies, and all benefit from covered carport parking. With approximately 26% rental upside, this is an extraordinary chance to acquire a low-maintenance coastal multifamily asset in one of Southern California's most desirable beachside submarkets.
Location
State CA
County Orange
Interior
Heating Wall Furnace
Fireplace No
Laundry Common Area
Building
Lot Description Other
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