Properties

Properties Triplex - San Clemente

Triplex - San Clemente

132 Avenida Florencia, San Clemente

Drive By Only. Do Not Disturb Tenants. Tenants Do Not Know Property Is For Sale

Offered at:
$1,490,000

Property Description

RE/MAX Commercial - Apartment Sales Division is pleased to present a San Clemente triplex. Currently used as a duplex - bonus studio can be converted to third unit! UPGRADED throughout! Short walk to the beach and downtown San Clemente! 3 bedroom 2 bath 1400 sq ft downstairs unit and 2 bedroom 1 bath upstairs. Bonus area can be converted to 1 bedroom 1 bath studio. New tile throughout with fireplace and open kitchen with quartz counter tops. Yard for pets and plenty of parking and garage space. Room to add second garage to expand to fourth bedroom or third unit. Turnkey condition.

San Clemente is known for San Onofre and San Clemente state beaches, with their surf breaks and sandstone bluffs. The southernmost city of Orange County has ocean, hill, and mountain views, a pleasant climate and a Spanish colonial-style architecture. Running along the coast, the Beach Trail offers sea views and green parks. Near T-Street Beach, the long San Clemente Pier stretches out into the Pacific Ocean. Casa Romantica Cultural Center and Gardens embodies the city's original Spanish-style architecture. San Clemente's city slogan is "Spanish Village by the Sea".

Proforma Income

3 bedroom 2 bath $2,800
2 bedroom 1 bath $2,400
Monthly Total $4,498

Cash Flow Analysis

Gross Scheduled Income $62,400
Operating Expenses $15,600 (25%)
Net Operating Income $46,800

Acquisition Data

Down Payment $372,500
Loan Amount $1,117,500

Call or E Mail to request a Marketing Package and 10 Year Financial Analysis of this property. Marketing Package includes Complete Property Information, Sales and Rent Comparable Analysis. 10 Year Financial Analysis includes Complete Cash Flow Analysis, Itemized Expenses, Expected Cash Flow, Return on Initial Equity, Expected Gross Income Increase, Tax Benefits, Mortgage Principal Reduction, Expected Appreciation, Depreciation Analysis, Adjusted Cost Basis, Capital Gains Tax On Sale and more.

Location On Map