244 246 W Avenida Palizada, San Clemente, CA 92672
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Listed Price :
$2,395,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
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Year Built :
1960
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.
Interior Features
| Laundry Information |
| Location(s) |
Common Area |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
244 246 W Avenida Palizada |
| City |
San Clemente |
| State |
CA |
| Zip |
92672 |
| County |
Orange |
| Listing Agent |
Rick Applebaum DRE #01273871 |
| Co-Listing Agent |
Paul Espinosa DRE #01942627 |
| Courtesy Of |
Morgan Skenderian |
| List Price |
$2,395,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Apartment |
| Structure Size |
N/A |
| Lot Size |
12,196 |
| Year Built |
1960 |
Listing information courtesy of: Rick Applebaum, Paul Espinosa, Morgan Skenderian. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 9th, 2025 at 12:40 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
