256 Avenida Monterey, San Clemente

$2,490,000

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3

Beds

2

Baths

0.18

Acres

Listing Agent
Rita Gonchar - T.N.G. Real Estate Consultants

About 256 Avenida Monterey

EXCEPTIONAL INVESTMENT OPPORTUNITY: "AS-IS" ZONE R-3 PROPERTY NEAR BEACH AND DOWNTOWN WITH DEVELOPMENT POTENTIAL. Size this rare chance to invest in a prime location! This "as-is" duplex offers unparalleled potential, situated within walking distance to both the beach and vibrant downtown. Here is why this property is a standout opportunity: Just a leisurely stroll away from beautiful San Clemente Pier and T-street and walking distance from Del Mar. Duplex configuration with existing rental income potential. Ideal for immediate rental or redevelopment. SOLD AS-IS This property is being offered in its current condition, presenting a unique opportunity for visionary investors. RAZE AND REBUILD: Capitalize on the potential to demolish the current structure and construct up to three new units, (check with city)maximizing the property's value and rental income. Take advantage of favorable zoning laws that support multi-unit development, ensuring a lucrative return on investment. Ideal for developers looking to create high-value, modern housing in a coveted neighborhood. The combination on beachside allure and downtown amenities guarantees steady market appreciation. Transform this "as-is" duplex into a modern multi-unit complex, reaping the benefits of its exceptional location and high development potential. DON'T MISS OUT ON THIS UNIQUE INVESTMENT OPPORTUNITY.

Features of 256 Avenida Monterey

MLS® # PW24100451
Price $2,490,000
Bedrooms 3
Bathrooms 2.00
Acres 0.18
Year Built 1951
Type Residential Income
Sub-Type Duplex
Style Bungalow
Status Active

Community Information

Address 256 Avenida Monterey
Area SW - San Clemente Southwest
Subdivision other
City San Clemente
County Orange
Zip Code 92672

Amenities

Utilities Electricity Connected
Parking Spaces 2
Parking Door-Multi, Driveway, Garage
# of Garages 2
Garages Door-Multi, Driveway, Garage
View None
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Laminate, Stone
Interior Features Ceiling Fan(s), Solid Surface Counters, All Bedrooms Down
Appliances Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Tankless Water Heater
Heating Central
Cooling None
Has Basement No
Fireplace Yes
Fireplaces Bath, Kitchen, Living Room, None, Outside
# of Stories 1
Stories One

Exterior

Exterior Drywall, Stucco
Exterior Features Lighting
Lot Description Corner Lot, Sprinklers In Front, Lawn, Landscaped, Street Level
Roof Shingle
Construction Drywall, Stucco

Additional Information

Date Listed May 16th, 2024
Days on Market 64
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentRita Gonchar
OfficeT.N.G. Real Estate Consultants

Listing Map

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