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501 Monterey Ln
San Clemente, CA 92672
Multifamily Property For Sale
·
4 Units
Property Facts
| No. Units | 4 | Building Size | 2,902 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1953 |
| Lot Size | 0.11 AC | Parking Ratio | 2.76/1,000 SF |
| Zoning | R4 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.11 AC |
| Building Size | 2,902 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 2.76/1,000 SF |
| Zoning | R4 |
Amenities
Unit Amenities
- Cable Ready
- Ceiling Fans
- Tile Floors
- Deck
- Double Pane Windows
- Patio
Site Amenities
- Zen Garden
About 501 MONTEREY LN , SAN CLEMENTE, CA 92672
This is a very rare opportunity to acquire a magnificent Ocean View Fourplex in San Clemente's coveted "Pier Bowl" . The property sits on a prime elevated lot just steps away from the Historic Pier, the Beach Trail and the pristine sandy beach . Commanding view of the surf and the ocean to Catalina and beyond are enjoyed from inside the property and from the expansive common area and surrounding decks. Pride of ownership is evident throughout ; Apart from numerous interior upgrades the exterior stucco has been finished with Loxon paint, vinyl dual pane windows have been installed and the Solar Panels have been paid for to ensure very low utility bills. The property is in the Pier Bowl Specific zone and is zoned to allow short term vacation rentals. Fantastic opportunity for increased income, 1031 Exchange or a wonderful beach home plus income.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $2,725 | 701 - 2,900 |
Property Taxes
| Parcel Number | 692-033-13 | Improvements Assessment | $381,592 |
| Land Assessment | $2,187,293 | Total Assessment | $2,568,885 |
Property Taxes
