256 Avenida Monterey
256 Avenida Monterey
$2,490,000
3
2
1,673
1,673
$1,488
Description
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...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.
- Listed by Rita Gonchar • DRE #00815246 • Brokerage DRE #01886242 • T.N.G. Real Estate Consultants
Property Details for 256 Avenida Monterey
Architectural Style
Bungalow
ViewNone
Parking Spaces Total2
Private PoolNo
Cooling TypeN/K
Total Units2.0
Building TypeAttached
Lot Size SourceAssessor
Location
LISTING UPDATED: 06/04/2024 02:01 PM
Property Details for 256 Avenida Monterey
Status | Active |
---|---|
MLS # | PW24100451 |
Days on Market | 25 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1951 |
Lot Size | 0.18 AC / 7,903 SF |
County | Orange County |
Location
Building Information for 256 Avenida Monterey
Stories1Residences-Year Built1951Building Size-Lot Size0.18 AC / 7,903 SF
Payment Calculator
$14,520 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 256 Avenida Monterey
Property History for 256 Avenida Monterey
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 256 Avenida Monterey
Taxable ValueLand$1,030,885Additions$79,221Total$1,110,106
Tax Record2023$11,167 ($931 / month)
Home Facts
Total Finished SqFt1,673 SqFtAbove Grade Finished SqFt1,673 SqFtStories2Lot Size7,903 SqFtStyleDuplexYear Built1951CountyORANGEAPN058-103-41
Schools near 256 Avenida Monterey
This home is within Capistrano Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 12 |
Rating | School | Distance |
---|---|---|
Clarence Lobo Elementary School PublicK to 5 | ||
Shorecliffs Middle School Public6 to 8 | ||
San Clemente High School Public9 to 12 | ||
California Connections Academy at Capistrano CharterK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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