Active
155 W Mariposa
San Clemente CA, 92672
$4,395,000
$728.37 per sqft
Active
6,034 sqft
Commercial
Built in 1960
Listed by Doug Echelberger with Inhabit Real Estate 949-463-0400
With its outstanding location in the heart of San Clemente and an impeccable tenant history, this eight-unit apartment building presents one of the best commercial residential income opportunities in coastal Orange County. Just minutes from the beach, San Clemente's classic pier, an elementary school, parks, and wonderful shopping and dining attractions along Avenida del Mar, the two-story 1960 Mid-Century Modern building is professionally managed and beautifully maintained inside and out. Eight apartments are centered around a quiet courtyard garden, with four featuring two bedrooms and one- and one-half baths, and four offering one bedroom and one bath. Total living space spans approximately 6,036 square feet, and the rare double sized lot property encompasses about 9,583 square feet. Upgrades include dual-pane windows, upper-floor balcony arbors, a newer roof, and easy-care wood-inspired laminate flooring. A laundry room is featured, and each unit includes a private one-car garage with roll-up door. Located west of I-5, this classic apartment building is a short stroll from Max Berg Plaza Park, and stores and restaurants that line El Camino Real. Dana Point's harbor and lively Lantern Village are only moments away. This is a great long term steady investment in a town with strong rents and rising property values. San Clemente is one of the nicest beach towns with great climate with an extremely low vacancy on apartments.
OC24128402
MLSⓇ ID
June 24, 2024
Listed
October 18, 2024
Updated
Map
155 W Mariposa
San Clemente CA, 92672
Interior Features
Total Stories
2
Laundry Description
Common Area
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.22 Acres
Lot Features
Front Yard, Level, Street Level
Roof
Flat
Other Property Details
Area Name
SC - San Clemente Central
Days on Market
50
Garage
No
View
No
County
Orange
Water Source
Public
Pool
No
Waterfront
Yes
Listing History
Date | Event | Price |
---|---|---|
8/9/2024 | Price change | $4,395,000 -11% |
Listing Contact: 949-498-7711
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Data last updated on 10/18/2024 at 12:54 PM UTC