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Key Details
Sold Price $3,070,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC25017542
Sold Date 04/01/25
HOA Y/N No
Year Built 1971
Lot Size 4,791 Sqft
Property Sub-Type Quadruplex
Property Description
We are pleased to present the Del Mar Apartments, a 4-Unit multifamily investment property located in an unbeatable location of Seaside San Clemente, only steps to the San Clemente Pier, beach access, Casa Romantica, and the shops and restaurants of Avenida Del Mar. The property boasts an excellent layout of bright, spacious, and open floorplans in turnkey condition, and an ideal unit mix of Four (4) - 2 Bed / 2 Bath units averaging more than 1,200 SF each. All units feature individual garages with washer/dryer hookups, and balconies with partial ocean views. A new investor will benefit from acquiring a pride of ownership asset owned and managed by a professional entity for more than 20 years, boasting a very high level of quality care and maintenance throughout. The property has been recently upgraded with new roofs, vinyl windows and sliding doors, decks, railings, landscaping, lighting fixtures and paint. Inside, the units feature new kitchens with new upgraded cabinets, and quartz countertops. Additionally, tenants will enjoy luxury vinyl plank flooring, recessed LED lighting, newly updated forced air heating, new bathtubs, new refrigerator, vanities and fixtures. The Del Mar Apartments represent a rare opportunity to acquire a turnkey, pride-of-ownership asset in one of Southern California's most desirable coastal communities.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Sidewalks, Park
Total Parking Spaces 4
Private Pool No
Building
Lot Description Near Park
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 69205422
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Kellyann Phillips Compass Property Mgmt Corp
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Founder & CEO | License ID: CA DRE# 01952035
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