115 Avenida Granada - Apartments FOR SALE


San Clemente, CA 92672
$2,200,000 USD
949-370-0382
115 Avenida Granada, San Clemente, CA for Sale
$2,200,000 USD
Apartments - FOR SALE
1/45
null | Request Cap Rate

115 Avenida Granada
San Clemente, CA 92672


OVERVIEW

Nestled in the vibrant heart of downtown San Clemente is this prime mixed-use property that captures both charm and opportunity. Ideally located next to the main streets of Avenida Del Mar and El Camino Real, this property offers unparalleled visibility and walkability to a myriad of shops and restaurants. The MU.3.1 zoning provides for a multitude of uses, opening doors to future development possibilities. The property features a freestanding commercial building of approximately 775 square feet, currently functioning as a professional office. The building, situated on a 40-foot wide street frontage, includes three private offices, a central conference room, a break room, and a restroom, offering a well-equipped space for various business needs. Behind the commercial building, accessible via a private driveway, lies the residential building. This area is currently comprised of two units with two single-car garages. Originally designed as three apartments, the residential space can easily be converted back to a triplex. The upstairs unit boasts a spacious new deck with panoramic ocean views and a remodeled open floor plan. Filled with natural light, this expansive area includes a full kitchen, a full bath, and an oversized bedroom, providing a comfortable and inviting living space. The lower unit features a charming studio, which can be converted into additional office space if required. This property represents a rare and ideal opportunity for those seeking a versatile investment in a prime location. Whether you are looking for a seamless work-live-play lifestyle near the beach, an investment with substantial income potential, or a site for future development, this unique property caters to all these needs and more.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$964 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,100,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,974 SF

ZONING

MU3.1

APN/PARCEL ID

058-083-13

ASK ABOUT THIS PROPERTY

Dan YeildingCentury 21 AwardMore Info
949-370-0382

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Dan YeildingCentury 21 AwardMore Info
949-370-0382

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.