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Investment Highlights

  • Cottage-style clusters and sits on an acre of prime real estate perched along the coastal bluff-tops between Dana Point and San Clemente
  • Owner made a significant investment by just completing construction of a new electric service line with new individual meters and sub-panels
  • Single-story units with a mix of one and two bedroom units with private patios, excellent parking on on-site laundry

Executive Summary

Incredible Investment Opportunity! The Palisades Apartments are comprised of 15 units in cottage-style clusters and sits on an acre of prime real estate perched along the coastal blufftops between the luxurious revitalized Dana Point Harbor and the San Clemente Pier. These well-maintained single-story units offer stable income and feature a mix of one and two bedroom units with private patios. Tenants enjoy substantial parking with a blend of carports with storage cabinets, garages and perimeter parking. Some units include interior W&D systems and there is also a community on-site laundry room. The owner made a significant investment by just completing construction of a new electric service line with new individual meters and sub-panels. This beautiful coastal community is centrally located to multiple transit systems including the 5 FWY, Pacific Coast Hwy, Amtrak & Metrolink Trains, the Dana Point & San Clemente trolly systems and local parks and award-winning schools.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $9,995,500
Price Per Unit $666,367
Sale Type Investment
Sale Condition 1031 Exchange
No. Units 15
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.01 AC
Building Size 11,659 SF
Average Occupancy 100%
No. Stories 1
Year Built 1970
Parking Ratio 1.02/1,000 SF
Zoning R3 - Residential

Amenities

  • Smoke Detector

Unit Amenities

  • Dishwasher
  • Disposal
  • Storage Space
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Carpet
  • Family Room
  • Patio
  • Vinyl Flooring
  • Large Bedrooms

Site Amenities

  • 24 Hour Access
  • Controlled Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 13 $27,897 775
2+2 1 $3,250 1,100
Studios 1 $1,975 500

Property Taxes

Property Taxes

Parcel Number
691-181-09
Land Assessment
$827,854
Improvements Assessment
$764,815
Total Assessment
$1,592,669
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 39785734

  • Date on Market: 3/15/2026

  • Last Updated:

  • Address: 35322 Camino Capistrano, Capistrano Beach, CA 92624

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