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214 Avenida Monterey, San Clemente, CA 92672

2 Bed, 2 Bath Multi-Family Home For Sale

214 Avenida Monterey, San Clemente, CA 92672 House For Sale - MLS #OC14163801
Off the Market
$820,000
2
2
Multi-Family
2 Family
This listing is courtesy of Dena VanSlyke from Beacon Brokerage.

Property Description for 214 Avenida Monterey, San Clemente, CA 92672

Rare Income Opportunity: Good , Steady income, unique $2,400/yr. property tax - transfers to buyer, great beach location and turnkey condition. Classic San Clemente ?Ole Hanson? DUPLEX. GROSS ANNUAL INCOME = $40,800 same as loan cost with 20% down. NOI (WITH NEW tax, insurance & utilities) = $36,092/yr. SELLER MAY FINANCE/exchange.*LOW ?Mills Act? PROPERTY TAX ~ $2,400/yr TRANSFERS TO BUYER (Saves ~ $6,000/year). *Ideal SW Location, just 3/10ths mile to Pier, Beach, Surfing (board included). Conveniently located in Historic Downtown: walk to restaurants, theater, stores, etc. * Turnkey condition - Spanish Style built by famous architect, Virgil Westbrook (Ole Hanson Beach Club). FRONT house 1 bedroom 1 bath has hardwood floors, fireplace in large living room, light kitchen with classic stove, new windows, Spanish tiled kitchen/bath. Rent = $1900/mo. to mo. BACK UNIT Studio has wood beamed ceiling, hardwood floors, Spanish tiled full kitchen & bath & new windows with view of backyard. Leased @ $1500/mo. Large, private backyard. Front unit sits back from street with CA EZ native garden. Garage has washer/dryer, storage, new roll-up cedar door:)Keep excellent tenants or Live in front house and enjoy the income from the other.

Interior Details

1,300 sq. ft.
$630.77/sq. ft.
In Street; In Street; In Street; In Street Paid; In; Connected & Paid
Water District; Public
Turnkey

Exterior Details

0.09 acres
4,000 sq. ft.
1 Garage Spaces
4

Other Details

OC14163801
1926
2

Units Description

Unit #1
Bedrooms: 1      Full / Half Baths: 1      Rent: $1,900     

Unit #2
Bedrooms: 1      Full / Half Baths: 1      Rent: $1,500     

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Monthly Mortgage Payments

$3,725
$5,188

Town Description

Prior to the arrival of the Spanish, the area was inhabited by what came to be known as the Juaneño Indians. Long admired by explorers and passing settlers, it remained virtually uninhabited until...

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