San Clemente, CA 92672,102 Avenida Cabrillo
San Clemente, CA 92672,102 Avenida Cabrillo
San Clemente, CA 92672,102 Avenida Cabrillo
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$6,000,000
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7,819 Sqft Lot
Active

102 Avenida Cabrillo San Clemente, CA 92672

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UPDATED:

09/30/2024 06:12 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24193269

HOA Y/N No

Year Built 1955

Lot Size 7,819 Sqft

Property Description

Exceptional Investment Opportunity in San Clemente!

101 Avenida Serra and 102 Avenida Cabrillo—two prime legal parcels in the heart of San Clemente’s vibrant downtown. This fully-leased gem offers a solid 10-year NNN lease with a popular canteen and a 6-year NNN lease with a popular hotel, ensuring stable and reliable income.

With a robust estimated Net Operating Income of $288,000, this property not only boasts 10 dedicated parking stalls but also benefits from its strategic Mixed Use 3.1 (MU3.1) zoning, providing a range of future development possibilities.

Seize this opportunity to invest in a thriving location with established, high-quality tenants. Perfectly positioned for continued growth and profitability—101 Avenida Serra and 102 Avenida Cabrillo represent a unique and valuable addition to any investment portfolio.

Location

State CA

County Orange

Area Sc - San Clemente Central

Interior

Fireplace No

Laundry None

Exterior

Present Use Commercial

Building

Lot Description Paved

Story 1

Water Public

Others

Tax ID 05807325

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by DJ Yeilding • CENTURY 21 Affiliated • 9493700382

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Thomas Fessler

Agent | License ID: 02033426

+1(619) 318-1618

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102 Avenida Cabrillo