Listing Courtesy of: Janet Montandon - First Team Real Estate
$2,700,000 Down payment assistance icon Calculate Payment

107 Avenida Miramar San Clemente, CA 92672

Mixed Use Residence
Beds
Baths
Sq. Ft.
0.18 Acre Lot

Property Overview

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107 Avenida Miramar was moved from its original location in 2001. It is a classic 1920's Historic building that was once located where Denaults Hardware store is now. It sits on a double lot with 9 parking spaces and a 2-car garage (being used as an office). The building has two large office suites ...on the main level, both with their own 1/2 bath. Back and front entrances for each. The 2 apartments are located on the top floor. Each has 2 bedrooms and a full bathroom, living room and kitchen. All units are 900 sq ft each, 3,600 sq ft.Total (not counting garage, now being used as an office). Steps from N El Camino Real and 2 blocks west of Avenida Del Mar. 3 blocks for the ocean. Building qualifies as Historic Property but paperwork is not complete at this time, which will reduce property taxes. Projected annual income $ 129,000. Projected rent on 3 commercial units is $5,750/mo. Projected rent on 2 residential units is $5000/mo. Substantial room to increase current long term tenants. Short term rental possibilities, but buyer to confirm with city. Pro Forma accounting was used for Income Potential. Continue reading
MLS#
OC21091777
Property Type
Mixed Use
Status
Year Built
1928
Lot Size
0.18
Sewer
Public Sewer, Sewer Connected

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Example seller's savings based on a total commission of 3.99% vs. a traditional 6%. It is subject to change based on agreement between seller and agent. More
Listing Courtesy of: Janet Montandon - First Team Real Estate
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, barbara.simmons@xome.com, 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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