119 E Mariposa, San Clemente, CA 92672

$2,499,000
List Price
$2,499,000
Status
ACTIVE
MLS#
OC24115668
Year Built
1972
Lot Size
3,920
Acres
0.09
Lot Location
2-5 Units/Acre, Near Park, Yard
Days on Market
10
Property Type
Multifamily
Style
Spanish
Property Sub Type
Triplex
Stories
Two Levels
Neighborhood
, Other

Property Description

This is a Bonafide STAR (short term apartment rental) through the city of San Clemente. Two of the three units are functioning as AirBnB and the other is a long-term renter/on site manager. Take advantage of a turn key AirBnB solution with all furnishings and fixings included. One of the two AirBnB units is 5.0 stars with 35 reviews, super host status, and appears as a "Guest Favorite". The other unit also has super host status with 4.86 stars and 69 reviews. Without owner usage, it should generate well over $165k per year in annual revenue. Superbly located in the heart of San Clemente a dream location offering the best of coastal living within walking distance of the beaches AND dining and shopping along N El Camino Real, beautifully remodeled and improved throughout with stylish features and modern amenities, RE-PIPED PLUMBING, and NEW ROOF. Blessed with iconic Spanish architectural features and a private gated entrance opening to a charming covered walkway leading to the lower-level Unit A and to the staircase leading up to Units B & C. All units have an open concept interior with sleek luxury vinyl plank floors throughout, fully remodeled and updated kitchen and baths, shaker cabinetry, Quartz countertops, custom tile, newer stainless-steel appliances, updated doors, windows and sliders, custom light fixtures, updated ceiling fans, recessed lighting, custom wall treatments, and more. Each unit has a dedicated outdoor patio or balcony space. Convenient community laundry room onsite. Each unit has a 1 garage parking space and 1 uncovered driveway space. Building has 4 electric meters, 4 gas meters, and 1 water meter. Each unit has its own electric & gas meter, tenant pays for their own gas & electric service. Owner pays for the water for the whole building and the gas & electric for the laundry room. Within walking distance of restaurants, bars, shopping, and entertainment, and just minutes from the Pier, you can’t beat this location.

Additional Information

Appliances
Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Dryer, Washer
Pool Description
None
Heat
Forced Air
Cooling Description
None, Wall/Window Unit(s)
View
Trees/Woods
Exterior Construction
Stucco
Roof
Spanish Tile
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s), Open Floorplan, Quartz Counters, Recessed Lighting, Bedroom on Main Level, Primary Suite
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$171,000
Operating Expense
33294

Listing courtesy of Listing Agent: Jordan Bennett (jordan@jordanbennettonline.com) from Listing Office: Regency Real Estate Brokers.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.