San Clemente, CA 92672,244 246 W Avenida Palizada
San Clemente, CA 92672,244 246 W Avenida Palizada
San Clemente, CA 92672,244 246 W Avenida Palizada
13
$2,335,000
$2,395,000
2.5%
Est.Price: ?

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0.28 Acres Lot

244 246 W Avenida Palizada San Clemente, CA 92672

Est. payment /mo
SOLD DATE : 02/19/2025

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Key Details

Sold Price $2,335,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRPW25005200

Sold Date 02/19/25

Originating Board California Regional MLS

Year Built 1960

Lot Size 0.280 Acres

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.

Location

State CA

County Orange

Area 699 - Not Defined

Interior

Laundry Washer/Dryer - Leased, Community Facility

Exterior

Garage Spaces 7.0

Pool None

Building

Water District - Public

Others

Tax ID 69205104

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by Rick Applebaum • Morgan Skenderian
Bought with Gary Tolfa

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agent

Paul Locatelli

Broker Associate | License ID: 1348436

+1(831) 750-9795

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