505 Monterey Ln
San Clemente, CA 92672
505 West · Multifamily Property For Sale
·
8 Units
Property Facts
| No. Units | 8 | Lot Size | 0.09 AC |
| Property Type | Multifamily | Building Size | 5,143 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 2.04/1,000 SF |
| Zoning | R3 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 5,143 SF |
| No. Stories | 3 |
| Year Built | 1964 |
| Parking Ratio | 2.04/1,000 SF |
| Zoning | R3 |
Amenities
Unit Amenities
- Balcony
- Views
Site Amenities
- Laundry Facilities
About 505 MONTEREY LN , SAN CLEMENTE, CA 92672
505 West is quintessential Southern California coastal real estate. This investment opportunity is located in the highly desirable "Pier Bowl" location of San Clemente, just a few steps to beaches (including world class surfing spots), historical San Clemente pier, restaurants and shops. 505 has been extensively remodeled, with over $1 million dollars invested into the interiors and exterior of the building bringing modern luxury to San Clemente. This opportunity features (2) studios, (2) one bedroom/one bathroom units and (4) two bedroom/two bathroom units with 75% of all units featuring ocean views. This property features (10) gated community garage spaces, patios, balconies and on-site laundry. 505 West truly a rare and special piece of Southern California coastal real estate.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | $1,595 | - |
| 1+1 | 2 | $2,250 | - |
| 2+2 | 4 | $2,948 | - |
Property Taxes
| Parcel Number | 692-033-11 | Improvements Assessment | $1,515,404 |
| Land Assessment | $3,003,749 | Total Assessment | $4,519,153 |
Property Taxes
