$4,395,000
- Beds
- Unknown
- sq ft
- 6,036
155 W Mariposa, San Clemente, CA 92672
155 W Mariposa
San Clemente, CA 92672
- 87 days on market
- Price drop $500,000↓
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.
Details
Property type
Mixed Use
Lot size
9,583 sq ft
Price per sq ft
$729
Year built
1960
Price History
08/09/2024
CRMLS #OC24126760
Price change
$4,395,000
-10.21%
06/24/2024
CRMLS #OC24126760
Listed
$4,895,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 09/19/2024 at 9:55 AM
Listing updated: 09/18/2024 at 6:58 AM
Listed by: Doug Echelberger, Inhabit Real Estate Phone #: (949) 498-7711
MLS: CRMLS #OC24126760
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