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Water Views
Address
501 MONTEREY Lane San Clemente, CA
Price
$ 2,475,000
Property Attributes
  • MLS#OC18255461
  • TypeIncome
  • CountyORANGE
  • CitySan Clemente
  • AreaSan Clemente Central
  • NeighborhoodOther
  • Zip92672
  • Style
  • Price$ 2,475,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2902
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
Ken Dembowski with RE/MAX Select One.
Property Description

INVESTORS & BEACH LIFE LOVERS: CITY APPROVED SHORT TERM VACATION RENTAL AREA! TREMENDOUS POTENTIAL FOR INCREASED SHORT TERM RENTAL INCOME! THIS LIES WITHIN A VERY LIMITED AREA THAT IS CITY APPROVED FOR VACATION RENTALS, SEE ATTACHED ZONING MAP.CONDO CONVERSION POSSIBLE W/CITY APPROVAL. FIVE UNITS INCLUDE 1 STUDIO, 3 ONE BEDROOMS & ONE 2 BEDROOM. LIVE IN ONE & LEASE OTHERS! HARD TO FIND 2 CAR PARKING DRIVEWAY PROVIDED FOR EACH GARAGE! PRIME ONE OF A KIND LOCATION IN THE FAMOUS PIER BOWL AREA, STEPS TO WORLD CLASS BEACHES & SURFING, FAMOUS SC PIER, SHOPS, RESTAURANTS, FAMOUS BEACH TRAIL, FABULOUS DOWNTOWN SHOPPING & DINING. BEAUTIFUL OCEAN VIEWS FROM MOST UNITS, ONE OFFERS A REAR YARD, THREE UNITS PROVIDE OCEAN VIEW DECKS. PRIDE OF OWNERSHIP SHOWS! EXCELLENTLY MAINTAINED PROPERTY, UNITS ARE UPGRADED THRU-OUT, AMENITIES: SOME W/GRANITE COUNTERS*NEWER CERAMIC TILE FLOORING & INTERIOR PAINT*REMODELED BATHS*CEILING FANS THRU-OUT. 2 BEDROOM UNIT INCLUDES ADDITION FOR THE 2ND BEDROOM. UPPER LEVEL HAS PANORAMIC OCEAN VIEWS FROM LARGE COMMON AREA, GREAT OCEAN VIEWS FROM MOST UNITS. TWO 2 CAR ENCLOSED GARAGES ARE SHARED AS ONE CAR GARAGE PER UNIT, ONE GARAGE HAS COIN OPERATED LAUNDRY. BEAUTIFULLY MAINTAINED GROUNDS SURROUND PROPERTY, EACH UNIT OFFERS PRIVATE ENTRANCE. CURRENT RENTS ARE LOW, PRESENTLY ALL 5 UNITS FULLY LEASED MONTH-TO-MONTH. PAID FOR SOLAR IN PLACE FOR ENTIRE PROPERTY, THAT EQUALS APPROX $500 A YEAR TOTAL FOR ELECTRIC BILL, ALL UTILITIES ARE LOW! CALL NOW FOR MORE INFO!

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
10/23/2018 Listed $2,850,000
2/16/2019 8% - $2,650,000
5/9/2019 7% - $2,475,000

General Features

Attached Structure Attached
Co-Listing Agent Last Name Dembowski
Co-Listing Agent Last Name Caroll
Co-Listing Agent State License # 01246140
Co-listing Agent Caroll Dembowski - BRE#01246140
Community Features Curbs, Street Lights
Directions AVENIDA MONTEREY TO MONTEREY LANE...DRIVE BY ONLY...DO NOT DISTURB TENANTS
Levels Two
Listagentaor Orange County
Listing Agent Ken Dembowski - BRE#01061678
Listing Agent State License 01061678
MLS Area SC - San Clemente Central
Number of Units Leased 5
Price Per Square Foot 852.86
Property Attached Y/N Yes
Source System CRMLS
Subdivision Name CUSTOM
Subdivision Name Other (OTHR)
Total Units 5
Zoning R4

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls 2+ Common Walls
Laundry Features In Garage
Laundry Y/N Yes
Studio Area Unit Type Square Feet
Total Stories 2

Exterior Features

Special Listing Conditions Standard
Building Area Total 2902.00
Garage Spaces 4.00
Lot Features Corner Lot
Lot Size Acres 0.1100
Lot Size Area 4792.0000
Lot Size Source Assessor
Lot Size Square Feet 4792.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 1
Number of Separate Gas Meters 1
Number of Separate Water Meters 1
Parking Features Garage, Garage Door Opener
Parking Y/N Yes
Pool Features None
Sewer Public Sewer
Total Parking 4.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92672

Price
AVG $2.88M
$2.48M
Visits
AVG 98
125
Year Built
AVG 1968
1953
Walkscore
AVG 73
71
Data Provided by Walkscore ® not using MLS data

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