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244-246 W Avenida Palizada 6 Unit Apartment Building $4,834,948 CAD ($805,825 CAD/Unit) 3.91% Cap Rate San Clemente, CA 92672
INVESTMENT HIGHLIGHTS
- Fully Renovated, Turn-Key Asset Positioned in the Heart of San Clemente
- Prime Walkable Location Minutes from Del Mar, the Beach, Transit, and San Clemente Lifestyle Amenities
- Fresh Exterior Paint, Upgraded Landscaping, and Enhanced Curb Appeal
- Strong Coastal Rental Demand with Upside in One of Orange County’s Most Supply-Constrained Submarkets
- Renovated Bathrooms with Contemporary Finishes and Upgraded Fixtures
PROPERTY FACTS
| Price | $4,834,948 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $805,825 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.28 AC |
| Cap Rate | 3.91% | Building Size | 3,249 SF |
| Gross Rent Multiplier | 17.52 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1960 |
| Property Subtype | Apartment | Parking Ratio | 2.46/1,000 SF |
| Zoning | R3 - Residential | ||
| Price | $4,834,948 CAD |
| Price Per Unit | $805,825 CAD |
| Sale Type | Investment |
| Cap Rate | 3.91% |
| Gross Rent Multiplier | 17.52 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 3,249 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1960 |
| Parking Ratio | 2.46/1,000 SF |
| Zoning | R3 - Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $2,068 CAD | 350 |
| 1+1 | 4 | $3,901 CAD | 550 |
| 2+1 | 1 | $5,119 CAD | 700 |
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Walk Score®
Walker's Paradise (93)
PROPERTY TAXES
| Parcel Number | 692-051-04 | Improvements Assessment | $614,117 CAD |
| Land Assessment | $2,415,536 CAD | Total Assessment | $3,029,653 CAD |
PROPERTY TAXES
Parcel Number
692-051-04
Land Assessment
$2,415,536 CAD
Improvements Assessment
$614,117 CAD
Total Assessment
$3,029,653 CAD
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244-246 W Avenida Palizada
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