Unbelievable location!! Steps to the water. Very short distance to the famous San Clemente pier and beach. Located in the desirable San Clemente pier bowl area with huge potential as a vacation rental. The building consists of an owners unit 3BDR/2BA, 2BDR/2BA, 2BDR/2BA, and a 2BDR/1BA. Actual gross income is $88,500/yr. They are currently either on mo. to mo. agreements or are in a 12 mo. lease. Huge upside potential in rents if new owner chose to do vacation rentals. Upgrades include newer exterior paint, newer appliances in kitchen, newer bathrooms, newer kitchen counters, mirrored wardrobe doors, 6 panel doors, newer baseboards, faux wood floors, newer cabinetry, toilets, tubs, and showers. Building is in very good condition. What an opportunity to buy a trophy four-plex for a great price! Close to pier, beaches, downtown San Clemente, Restaurants, and Shops.
Off market
Street View
$3,329,280
402 Corto Ln, San Clemente, CA 92672
--beds
--baths
4,320sqft
Apartment
Built in 1964
-- sqft lot
$-- Zestimate®
$771/sqft
$4,683 Estimated rent