256 Avenida Monterey

San Clemente, CA 92672

$2,490,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $1,488 / sqft

1951

calendar_month Built

Property Description

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 San Clemente 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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Laminate, Stone
Fireplace Information
Features None, Bath, Kitchen, Living Room, Patio
Interior Information
Features Ceiling Fan(s), Corian Counters
Cooling Type None

Listing Information

Address 256 Avenida Monterey
City San Clemente
State CA
Zip 92672
County Orange
Listing Agent Rita Gonchar DRE#00815246
Courtesy Of T.N.G. Real Estate Consultants
MLS PW24100451
List Price $2,490,000
Status Active
Type Residential Income
Subtype Duplex
Structure Size N/A
Lot Size 7,903
Year Built 1951
DOM 19

Exterior Information

Maps

Listing information courtesy of: Rita Gonchar, T.N.G. Real Estate Consultants . *Based on information from the Association of REALTORS/Multiple Listing as of Jun 4th, 2024 at 9:01 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.