San Clemente, CA 92672,244 246 W Avenida Palizada
San Clemente, CA 92672,244 246 W Avenida Palizada
San Clemente, CA 92672,244 246 W Avenida Palizada
$2,335,000
Est. payment /mo
$2,395,000
2.5%
Est.Price: ?

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0.28 Acres Lot
SOLD DATE : 02/19/2025

Key Details

Sold Price $2,335,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW25005200

Sold Date 02/19/25

HOA Y/N No

Year Built 1960

Annual Tax Amount $24,224

Lot Size 0.280 Acres

Property Sub-Type Apartment

Property Description

Pleased to present 244 West Avenida Palizada, situated in a prime location just 1.5 blocks from the beach, scenic Linda Lane Park, and Casa Romantica. Built in 1960, the subject is comprised of five units plus one non-conforming unit. Essentially, all units are single-story and offer stunning canyon views, patios, and balconies, on-site laundry, and parking for each unit. Additionally, renters are attracted to this location for its easy access to the vibrant downtown scene, just 2 blocks away on Avenida Del Mar. With an added value opportunity of approximately ±20% in rental upside, and a spacious ±12,196 SF lot allowing for potential redevelopment, this property presents a compelling proposition for astute investors seeking a prime residential income opportunity. *Studio is non-conforming.

Location

State CA

County Orange

Area 699 - Not Defined

Interior

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Sidewalks

Total Parking Spaces 7

Private Pool No

Building

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 69205104

Energy Description 1343.0

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Rick Applebaum • Morgan Skenderian • rma@morganskenderian.com
Bought with Gary Tolfa • Triqor Group
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