618 Avenida Victoria

    San Clemente, CA 92672
    • $13,000,000
    • STATUS: Active
    • ON SITE: 79 days
    • ID#: PW19026650
    $13,000,000
    • 0
      BEDS
    • 1600.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,000
      SQFT
    • $1,182
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1921
    County:

    School Ratings & Info

    Description

    Unique opportunity to acquire an iconic property in San Clemente's highly sought-after Pier Bowl, located steps from world class beaches, restaurants, shopping, hotels, and other tourist draws. The Subject Property is located in the beach community of San Clemente (South Orange County) with easy access to Interstate 5, blocks from Downtown San Clemente (Del Mar Street) and directly adjacent to the San Clemente Pier. 618-630 Avenida Victoria is situated near the westernmost point of Avenida Victoria and just to the south of a city-controlled public parking lot of more than 165 stalls. The property is approved for short term vacation rentals (STAR/STLU) subject to City application and approval.San Clemente is known for it's year-long Mediterranean climate, convenient transit (Amtrak-Metrolink directly adjacent) and sandstone bluffs with camping/day-use state beaches. To the immediate west, a 2.3 mile beach trail draws residents and tourists to the Pier that beginning at North Beach and ending at San Clemente State Beach.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-26T00:41:22.243. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/91593110

    618 Avenida Victoria San Clemente, CA 92672

    • Price: $13,000,000
    • Status: Active
    • ID#: PW19026650
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1600.26
    Acres
    11,000
    SQFT
    $1,182
    $/SQFT
    1921
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Orange
    Area:
    699 - Not Defined
    Property Description
    Unique opportunity to acquire an iconic property in San Clemente's highly sought-after Pier Bowl, located steps from world class beaches, restaurants, shopping, hotels, and other tourist draws. The Subject Property is located in the beach community of San Clemente (South Orange County) with easy access to Interstate 5, blocks from Downtown San Clemente (Del Mar Street) and directly adjacent to the San Clemente Pier. 618-630 Avenida Victoria is situated near the westernmost point of Avenida Victoria and just to the south of a city-controlled public parking lot of more than 165 stalls. The property is approved for short term vacation rentals (STAR/STLU) subject to City application and approval.San Clemente is known for it's year-long Mediterranean climate, convenient transit (Amtrak-Metrolink directly adjacent) and sandstone bluffs with camping/day-use state beaches. To the immediate west, a 2.3 mile beach trail draws residents and tourists to the Pier that beginning at North Beach and ending at San Clemente State Beach.
    Exterior Features

    Direction Faces West Garage Spaces 2.00 Lot Features Near Public TransitPark NearbyValue In LandWalkstreet Lot Size Source Assessor Lot Size Units Square Feet Parking Total 10.00 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Alley PavedPaved View CoastlineOceanPanoramicWaterWhite Water View YN Yes Waterfront Features Beach AccessBeach Front

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Heating Central Heating YN Yes Laundry Features CommunitySee Remarks Levels Three Or More

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsSidewalks Country Us Electric Expense 6555.00 Elevation Units Feet Fuel Expense 3278.00 Gross Income 517656.00 Gross Multiplier 25.00 Gross Scheduled Income 517656.00 Insurance Expense 10268.00 Land Lease YN No Laundry YN Yes Licenses Expense 775.00 Maintenance Expense 5099.00 Net Operating Income 283017.00 New Construction YN No New Taxes Expense 140000.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 15 Operating Expense 234639.00 Operating Expense Percent 45.00 Other Expense 24249.00 Other Expense Description Capex Pest Control Expense 1906.00 Professional Management Expense 16800.00 Property Condition Turnkey Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 4274.00 Total Actual Rent 43138.00 Total Expenses 234639.00 Trash Expense 12992.00 Water Sewer Expense 8346.00 Water Source Public Year Built Source Assessor Zoning C-A

    Listing provided courtesy of Cameron Irons of Svn / Vanguard and Travis Dunn of Svn / Vanguard


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-26T00:41:22.243. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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