33.419933 -117.61784

505 Monterey Lane San Clemente, CA 92672

239434793 33.419933 -117.61784 124 /listing/239434793-150327948/505-monterey-lane-san-clemente-ca-92672 False 0 4695000.0 105 PW19112636 False
  • $4,695,000
  • 3,763 lot
  • Est payment $25203.78/mo

Property & Neighborhood Info

Courtesy Of Rick Applebaum, Morgan Skenderian

Multi-Family in San Clemente

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

Courtesy Of Rick Applebaum, Morgan Skenderian
  1. 3,763 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1964
  • Garage: 10.0
  • Floors: 2
  • County: Orange
  • Units: 8
  • MLS Number:PW19112636

Additional Features

  • Laundry:
    • Community
  • Common Walls:
    • No Common Walls
  • Levels:
    • Two
  • Water Source:
    • Public
  • Year Built Source:
    • Assessor
  • Land Size Source:
    • Assessor
  • Lot Features:
    • 6-10 Units/Acre
  • Pool Features:
    • None
  • Parking Spaces:
    • 10.00
  • Sewer:
    • Public Sewer
  • Community Features:
    • Curbs
    • Sidewalks
    • Storm Drains
    • Street Lights
  • Number of Buildings:
    • 1
  • Gross Income:
    • 7920.00
  • Net Operating Income:
    • 161873.00
  • CDOM:
    • 121
  • Special Conditions:
    • Standard
  • Fuel Exp:
    • 0.00
  • Gross Operating Income:
    • 237980.00
  • Insurance Expense:
    • 2217.00
  • Lot Size Acres:
    • 0.0864
  • Lot Size Area:
    • 3763.0000
  • Lot Size Square Feet:
    • 3763.00
  • Maintenance Exp:
    • 9500.00
  • Operating Expense:
    • 76106.00
  • Other Income/Mo:
    • 6720.00
  • Price Per SQFT:
    • 955.43
  • Tax ID:
    • 69203311
  • Total Expenses:
    • 76106.00
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Let us help you!
RE/MAX United
RE/MAX United
(760) 731-2900
1615 S Mission Rd Fallbrook CA 92028
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33.419933 -117.61784

505 Monterey Lane San Clemente, CA 92672

239434793 33.419933 -117.61784 124 /listing/239434793-150327948/505-monterey-lane-san-clemente-ca-92672 False 0 4695000.0 105 PW19112636 False
  • $4,695,000
  • 3,763 lot
  • Est payment $25203.78/mo