EXCEPTIONAL INVESTMENT OPPORTUNITY: *AS-IS* ZONE R-3 PROPERTY

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Townhome/Townhouse For Sale

256 Avenida Monterey

San Clemente, California 92672

Orange County

Community: Other (OTHR)

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$2,490,000 3 br, 2.0 bath 1673 sq. ft. 0.181 acres

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 why this property is a standout opportunity: Just a leisurely stroll away from beautiful Sam Clement 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.

Interior:
  • Bedrooms: 3
  • Baths: 2.0
  • Sq Ft: 1673
  • Year Built: 1951
  • Utilities: 
  • Fireplaces: 
  • Stories: 1
  • Heat/AC: Central Furnace
  • Garage: Driveway, Garage
Exterior:
  • Lot Size: 0.181 acre
  • Lot Dimensions: 
  • View Types: None
  • Yard: 
  • Siding: Stucco
  • Roof: Shingle
  • MLS #: PW24100451
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Beach Townhome/Townhouse For Sale in San Clemente, California
Ad Number: 4956833
Viewed 11 times.
Updated: May 18, 2024

This property is a Townhome/Townhouse located at 256 Avenida Monterey, San Clemente, California 92672, and is currently For Sale at $2,490,000. This Townhome/Townhouse has 3 bedrooms, 2.0 baths, 1673 sq ft.

Listing Agent: Rita Gonchar, TNG Real Estate Consultants, 714-883-7653, 714-987-3310 Listing Site, Listing Status: Active
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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