505 Monterey Lane, San Clemente, CA 92672

$4,795,000
4,914
SqFt
List Price
$4,795,000
Status
ACTIVE
MLS#
PW19112636
Year Built
1964
Living Sq. Ft
4,914
Lot Size
3,763
Lot Location
6-10 Units/Acre
Days on Market
10
Property Type
Multifamily
Stories
Two Level

Property Description

HIGHLY MOTIVATED SELLERS!! SUBMIT ALL OFFERS!! 505 West is quintessential Southern California coastal real estate. This investment opportunity is located in the highly desirable "Pier Bowl" location of San Clemente, just a few steps to beaches (including world-class surfing spots), historical San Clemente pier, restaurants and shops. 505 has been extensively remodeled, with over $1 million dollars invested into the interiors and exterior of the building bringing modern luxury to San Clemente. This opportunity features (2) studios, (2) one bedroom/one bathroom units and (4) two bedroom/two bathroom units with 75% of all units featuring ocean views. This property features (10) gated community garage spaces, patios, balconies and on-site laundry. 505 West truly a rare and special piece of Southern California coastal real estate. *Incredible Ocean Views, *Prestigious Pier Bowl Location, *Steps to the Beach, Historical San Clemente Pier, Restaurants & Shops, *Over $1 Million in Renovations and Upgrades, *Immaculate Modern Style Interiors, *Prime Candidate for Vacation Rental- Permits Available, *Irreplaceable Real Estate

Additional Information

Tract Number
785
Community Features
Curbs, Sidewalks, Storm Drains, Street Lights
Pool Description
None
Garage Spaces Total
10
Sewer
Public Sewer
Water
Public

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Rick Applebaum from Morgan Skenderian

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.