147 W Canada
San Clemente, CA 92672
Multifamily Property For Sale · 3 Units

PRICE REDUCTION 147 West Canada, San Clemente, CA Built in 1965, the subject property sits atop a 6,061 square foot lot and features 4,160 rentable space including two spacious 2-car garages. 147 West Canada's floor plan consists of one 3 bedroom/1.75 bath unit, one 3 bedroom/1 bath unit and two, 2 bedroom/1 bath units. The common area of the building includes an on-site laundry facility. Recent upgrades to West Canada include: new 100 gallon water heater, new sheathing and deck surface over the garage, and new exterior painting. With its central location, the property is within walking distance of many of San Clementes treasures such as Max Berg Plaza Park, Downtown San Clemente, and San Clemente Pier. Las Palmas Elementary School and San Clemente High School are less than 2 miles away making this location highly sought after by families. Marcus & Millichap is pleased to exclusively present 147 West Canada, a four-unit multifamily investment property located in the heart of San Clemente, CA. The common area of the building includes an on-site laundry facility, which supplements the rental income. Located less an a mile from Interstate 5, the subject property offers easy access up and down the coast of California. As a result, 147 West Canada, along with most multifamily properties in the submarket, are perennially occupied in the high 90 percent range. Additionally, the San Clemente apartment submarket continues to see an increase in average asking rents making 147 West Canada a great investment opportunity for any buyer looking to own and/or live in the prominent Orange County apartment market.