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MLS® ID: PW19011248

607 Calle Canasta

San Clemente, California, 92673

$1,445,000 Pending
  • - SQFT
We are pleased to offer 607 Calle Canasta, a 4-unit apartment building nestled in the rolling hills of San Clemente. Priced at a 4.4% CAP Rate on current rents, still with upside, makes this one of the only properties in San Clemente priced this attractively. The offering at 607 Calle Canasta is ideally located near major retail and employment, miles of hiking trails, and just minutes from Avenida Del Mar (Downtown), legendary surf spots and historic San Clemente Pier. This 4-unit building is comprised of (1) one bedroom/one bathroom unit, (2) two bedroom/two bathroom units and (1) three bedroom/two bathroom unit. Tenants of the property enjoy such amenities as on-site laundry, a community courtyard large private patios and balconies. The three bedroom unit has received a full rehab and renovation with substantial upgrades. The remaining units have received mild improvements and all have tile flooring. This asset provides immediate cash flow to an investor with easily obtainable growth in income. *Best Priced 4-Plex in San Clemente, *4.4% CAP Rate and 15.79 GRM on Current Rents with Upside Potential, *Well Maintained Property with Upgrades, *Newer Roof and a Full Copper Re-plumb, *1, 2 & 3-Bedroom Units, *Garages
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Listing courtesy of Morgan Skenderian

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    92673
  • Office name
    Morgan Skenderian
  • SQFT
    0
  • Bedrooms
    0
  • Year built
    1973
  • Lot size
    7205.00
  • Sewer
    Public Sewer
  • Tax year
    0
  • Agent name
    Rick Applebaum
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Price Range
    $1.25m-$1.5m
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    PB8846
  • Agent ID
    PAPPLRIC

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