103 Avenida Aragon, San Clemente, CA 92672
- $2,150,000
- List Price
- $2,150,000
- Status
- ACTIVE
- MLS#
- PW26199420
- Year Built
- 1952
- Lot Size
- 4,195
- Acres
- 0.10
- Lot Location
- Rectangular Lot
- Days on Market
- 0
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Neighborhood
- Other
Property Description
103 Avenida Aragon offers coastal lifestyle, strong income, and upside potential in one of San Clemente's most desirable rental markets. Set two blocks from the beach, the property features a single-story, detached 3-bedroom, 2-bathroom front home with a remodeled kitchen, cozy fireplace, indoor laundry, and a private front yard. Behind the main residence are three additional 1-bedroom, 1-bathroom units—two situated above the garage sharing an adjoining balcony, and one on the main level. Recent capital improvements—new roof, new interior plumbing, new concrete driveway, new exterior paint, new windows, and new garbage disposals—reducing near-term expenses. With a projected 18% rental upside, the asset presents a compelling opportunity for investors or owner-users seeking coastal cash flow and growth.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $125,106
- Operating Expense
- 32727
Listing courtesy of Listing Agent: Rick Applebaum (rma@morganskenderian.com) from Listing Office: Morgan Skenderian.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.