855.375.4001
Listed by Rita Gonchar - T.N.G. Real Estate Consultants
$2,490,000 affordable loan icon Calculate Payment

256 Avenida Monterey San Clemente, CA 92672

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Duplex Residence
Beds
Baths
... Bed/Bath
1,673 Sq. Ft.

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Last updated on 7/2/2024 7:45 PM
EXCEPTIONAL INVESTMENT OPPORTUNITY: "AS-IS" ZONE R-3 PROPERTY NEAR BEACH AND DOWNTOWN WITH DEVELOPMENT POTENTIAL. Size this rare chance to invest in a prime location! This "as-is" duplex offers unparalleled potential, situated within walking distance to both the beach and vibrant downtown. Here is w...hy this property is a standout opportunity: Just a leisurely stroll away from beautiful San Clemente Pier and T-street and walking distance from Del Mar. Duplex configuration with existing rental income potential. Ideal for immediate rental or redevelopment. SOLD AS-IS This property is being offered in its current condition, presenting a unique opportunity for visionary investors. RAZE AND REBUILD: Capitalize on the potential to demolish the current structure and construct up to three new units, (check with city)maximizing the property's value and rental income. Take advantage of favorable zoning laws that support multi-unit development, ensuring a lucrative return on investment. Ideal for developers looking to create high-value, modern housing in a coveted neighborhood. The combination on beachside allure and downtown amenities guarantees steady market appreciation. Transform this "as-is" duplex into a modern multi-unit complex, reaping the benefits of its exceptional location and high development potential. DON'T MISS OUT ON THIS UNIQUE INVESTMENT OPPORTUNITY. Continue reading
MLS#
PW24100451
Property Type
Duplex
Year Built
1951
Square Feet
1,673 sq. ft
Lot Size
0.18
Stories
1.0
Sewer
Public Sewer

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Listed by Rita Gonchar - T.N.G. Real Estate Consultants
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 7/2/2024 7:45 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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