Address
107 Avenida Miramar San Clemente, CA
Price
$ 2,700,000
Property Attributes
  • MLS#OC21091777
  • TypeIncome
  • CountyORANGE
  • CitySan Clemente
  • AreaSan Clemente Central
  • NeighborhoodOther
  • Zip92672
  • StyleMixed Use
  • Price$ 2,700,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms0
  • Lot Size8,028 SqFt
Listing Provided Courtesy Of:
Janet Montandon with First Team Real Estate.
Data Source:
CRMLS
Property Description

107 Avenida Miramar was moved from its original location in 2001. It is a classic 1920's Historic building that was once located where Denaults Hardware store is now. It sits on a double lot with 9 parking spaces and a 2-car garage (being used as an office). The building has two large office suites on the main level, both with their own 1/2 bath. Back and front entrances for each. The 2 apartments are located on the top floor. Each has 2 bedrooms and a full bathroom, living room and kitchen. All units are 900 sq ft each, 3,600 sq ft.Total (not counting garage, now being used as an office). Steps from N El Camino Real and 2 blocks west of Avenida Del Mar. 3 blocks for the ocean. Building qualifies as Historic Property but paperwork is not complete at this time, which will reduce property taxes. Projected annual income $ 129,000. Projected rent on 3 commercial units is $5,750/mo. Projected rent on 2 residential units is $5000/mo. Substantial room to increase current long term tenants. Short term rental possibilities, but buyer to confirm with city. Pro Forma accounting was used for Income Potential.

Price History
5/1/2021 Listed $2,700,000

General Features

Community Features Street Lights, Sidewalks
Cooling None
Electric Electricity - On Property
Listing Agent Janet Montandon - BRE#01397515
Listing Agent State License 01397515
MLS Area SC - San Clemente Central
Open Parking Spaces 9
Pool Features None
Property Attached Y/N Yes
Property Sub Type Additional Mixed Use
Property SubType Mixed Use
Property Type Residential Income
Roof Spanish Tile
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer Public Sewer
Subdivision Name Other (OTHR)
Terms Cash, Submit
Total Actual Rent 7650
Total Units 5
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Sewer Expense 1884

Interior Features

Common Walls 2+ Common Walls
Laundry Features None

Exterior Features

Lot Features Level
Lot Size Acres 0.18
Lot Size Area 8028
Lot Size Source Assessor
Lot Size Square Feet 8028
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 5
Number of Separate Gas Meters 5
Number of Separate Water Meters 1
Total Parking 9
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92672

Price
AVG $2.43M
$2.7M
Visits
AVG 34
6
Year Built
AVG 1960
1928
Walkscore
AVG 73
90
Data Provided by Walkscore ® not using MLS data

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