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Key Details
Sold Price $2,275,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Heights Above The Coast (Hts)
MLS Listing ID OC25021614
Sold Date 04/25/25
HOA Y/N No
Year Built 1971
Lot Size 3,484 Sqft
Property Sub-Type Triplex
Property Description
We are pleased to present the Cabrillo Apartments, an 3-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 One(1) 2 Bed/ 1.5 Bath, One (1) 2 Bed/ 1 Bath, and One (1) - 1 Bed / 1 Bath units, with all units featuring washer/dryer hookups, individual garages, patios or balconies. 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, lighting fixtures and paint. Inside, the units feature new kitchens with new upgrades cabinets, beautiful tile backsplashes and quartz countertops. Additionally, tenants will enjoy luxury vinyl plank flooring, LED can lights, and new bathtubs, new refrigerator, vanities and fixtures. The Cabrillo 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 Cd - Coast District
Interior
Interior Features Balcony, Ceiling Fan(s)
Heating Forced Air
Cooling Whole House Fan
Fireplaces Type None
Fireplace No
Appliance Dryer, Washer
Laundry Laundry Closet
Exterior
Parking Features Door-Single, Garage, One Space
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Biking, Dog Park, Golf, Hiking, Park, Preserve/Public Land, Street Lights, Suburban, Sidewalks, Water Sports
Total Parking Spaces 6
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 69205316
Energy Description 237.0
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
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