• Asking Price $2,490,000
  • Estimated Value: $1,217,716

  • 256 AVENIDA MONTEREY SAN CLEMENTE, CA 92672

  • 3 Beds 1 Bath 1,673 SqFt
  • Multi-family (5 or more units) / Resale (MLS)
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Property Details for 256 AVENIDA MONTEREY, SAN CLEMENTE, CA 92672

Features

  • Price/sqft: $1,488
  • Lot Size: 7903.00 sq. ft.
  • Total Units: 2
  • Total Rooms: 8
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Kitchen, Laundry, Living Room
  • Stories: 200
  • Heating: Central Furnace

Facts

  • Year Built: 01/01/1951
  • Property ID: 883970715
  • MLS Number: PW24100451
  • Parcel Number: 058-103-41
  • Property Type: Multi-family (5 or more units)
  • County: ORANGE
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. EXCEPTIONAL INVESTMENT OPPORTUNITY: "AS-IS" ZONE R-3 PROPERTY NEAR BEACH AND DOWNTOWN WITH DEVELOPMENT POTENTIAL. Size this rare chance to invest in a prime location! This "as-is" duplex offers unparalleled potential, situated within walking distance to both the beach and vibrant downtown. Here is why this property is a standout opportunity: Just a leisurely stroll away from beautiful Sam Clement Pier and T-street and walking distance from Del Mar. Duplex configuration with existing rental income potential. Ideal for immediate rental or redevelopment. SOLD AS-IS This property is being offered in its current condition, presenting a unique opportunity for visionary investors. RAZE AND REBUILD: Capitalize on the potential to demolish the current structure and construct up to three new units, (check with city)maximizing the property's value and rental income. Take advantage of favorable zoning laws that support multi-unit development, ensuring a lucrative return on investment. Ideal for developers looking to create high-value, modern housing in a coveted neighborhood. The combination on beachside allure and downtown amenities guarantees steady market appreciation. Transform this "as-is" duplex into a modern multi-unit complex, reaping the benefits of its exceptional location and high development potential. DON'T MISS OUT ON THIS UNIQUE INVESTMENT OPPORTUNITY.

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Property Brokerage: TNG Real Estate Consultants 2830 Brea Blvd. Fullerton CA 92835
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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