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256 Avenida Monterey, San Clemente, CA 92672

For Sale

$2,490,000

3 beds • 2 baths • 1,673 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $1,488.34
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

EXCEPTIONAL INVESTMENT OPPORTUNITY: "AS-IS" ZONE R-3 PROPERTY NEAR BEACH AND DOWNTOWN WITH DEVELOPMENT POTENTIAL. Size this rare chance to invest in a prime location! This "as-is" duplex offers unparalleled potential, situated within walking distance to both the beach and vibrant downtown. Here is why this property is a standout opportunity: Just a leisurely stroll away from beautiful Sam Clement Pier and T-street and walking distance from Del Mar. Duplex configuration with existing rental income potential. Ideal for immediate rental or redevelopment. SOLD AS-IS This property is being offered in its current condition, presenting a unique opportunity for visionary investors. RAZE AND REBUILD: Capitalize on the potential to demolish the current structure and construct up to three new units, (check with city)maximizing the property's value and rental income. Take advantage of favorable zoning laws that support multi-unit development, ensuring a lucrative return on investment. Ideal for developers looking to create high-value, modern housing in a coveted neighborhood. The combination on beachside allure and downtown amenities guarantees steady market appreciation. Transform this "as-is" duplex into a modern multi-unit complex, reaping the benefits of its exceptional location and high development potential. DON'T MISS OUT ON THIS UNIQUE INVESTMENT OPPORTUNITY.
MLS# PW24100451

Courtesy Of TNG Real Estate Consultants

(714) 987-3310

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Lawn, Sprinkler System, Ceiling Fan
  • Appliances
    Cooktop - Gas, Dishwasher, Oven - Gas, Range - Gas
  • Architecture Style
    Bungalow
  • Cooling System
    None
  • Exterior Type
    Stucco
  • Floor Covering
    Laminate
  • Heating System
    Central Furnace
  • Roof Type
    Composition Shingle
  • Rooms
    Bedroom, Kitchen, Laundry Room, Living Room, Three-Quarter Bath

Map and Directions

Directions to 256 Avenida Monterey, San Clemente, CA 92672

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Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Affiliated

(949) 492-5413
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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