Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

4

Building size

2,500 sqft

Lot size

4,195 sqft

Year built

1952

Stories

2

Garage spaces

2

Pool

None

Status

Active

Days on market

0

MLS #

246998666

About this property

103 Avenida Aragon offers coastal lifestyle, strong income, and upside potential in one of San Clemente's most desirable rental markets. Set two blocks from the beach, the property features a single-story, detached 3-bedroom, 2-bathroom front home with a remodeled kitchen, cozy fireplace, indoor laundry, and a private front yard. Behind the main residence are three additional 1-bedroom, 1-bathroom units—two situated above the garage sharing an adjoining balcony, and one on the main level. Recent capital improvements—new roof, new interior plumbing, new concrete driveway, new exterior paint, new windows, and new garbage disposals—reducing near-term expenses. With a projected 18% rental upside, the asset presents a compelling opportunity for investors or owner-users seeking coastal cash flow and growth.

Location

103 Avenida Aragon

San Clemente, Orange, CA, 92672