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
Sq. Ft.
0.18 Acre Lot

Property Overview

Time on Site
Days on Market
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
Property Type
Mixed Use
Year Built
Lot Size
Public Sewer, Sewer Connected

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Listing Courtesy of: Janet Montandon - First Team Real Estate
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600,, 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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