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524 Avenida Victoria
San Clemente, CA 92672

Multifamily Property For Sale · 13 Units

PROPERTY FACTS

No. Units 13
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.28 AC
Building Size 8,476 SF
Average Occupancy 100%
No. Stories 2
Year Built 1958
Parking Ratio 2.83/1,000 SF

Unit Amenities

  • Balcony
  • Views

About 524 Avenida Victoria , San Clemente, CA 92672

This investment opportunity is located along the southern California coastline; offering expansive ocean views, cool pacific breezes and beautiful sandy beaches are only steps away. This property is located in the coveted “Pier-Bowl” area and within close proximity of the Downtown District. This project proves to have tremendous upside as the apartments interiors are clean and bright with mostly original apartment grade spaces. Repairs have been made on an as needed basis; including: plumbing, electrical, roofing and cosmetics. The four properties have been professionally managed and maintained; and the tenants have proven to feel at home per the history of long-term tenancy this building offers. This is a rare opportunity to purchase property in a priceless location; this coastal real estate is clearly a fine investment for the forward thinking, legacy building principle.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 - -
1+1 8 - -
Studios 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
692-033-21
Land Assessment
$8,465,684
Improvements Assessment
$616,607
Total Assessment
$9,082,291

zoning

Zoning Code R-4
R-4
  • Listing ID: 15680530

  • Date on Market: 2019-04-09

  • Last Updated:

  • Address: 524 Avenida Victoria, San Clemente, CA 92672

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