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Bonnie Hart

Bonnie Hart

Coldwell Banker Residential Brokerage
Mission Viejo, CA 92692

949-201-6887
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Listing 3 out of 260
$13,000,000 For Sale

618 Avenida Victoria
San Clemente, CA 92672

15 units | Multi Family Home
1600.264 acres - MLS# PW19026650
Property Photo
1/20

Description

Unique opportunity to acquire an iconic property in San Clemente's highly sought-after Pier Bowl, located steps from world class beaches, restaurants, shopping, hotels, and other tourist draws. The Subject Property is located in the beach community of San Clemente (South Orange County) with easy access to Interstate 5, blocks from Downtown San Clemente (Del Mar Street) and directly adjacent to the San Clemente Pier. 618-630 Avenida Victoria is situated near the westernmost point of Avenida Victoria and just to the south of a city-controlled public parking lot of more than 165 stalls. The property is approved for short term vacation rentals (STAR/STLU) subject to City application and approval. San Clemente is known for it's year-long Mediterranean climate, convenient transit (Amtrak-Metrolink directly adjacent) and sandstone bluffs with camping/day-use state beaches. To the immediate west, a 2.3 mile beach trail draws residents and tourists to the Pier that beginning at North Beach and ending at San Clemente State Beach.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 92672
  • Year Built: 1921
  • Stories: Three Or More
  • Units: 15 units
  • # of Parking Spaces: 10.00
  • Lot Size: 1600.264 acres
  • View: Coastline,Ocean,Panoramic,Water,White Water, Yes
  • Waterfront: Beach Access,Beach Front
  • Zoning: C-A
  • Area: 699 - Not Defined
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 11000.00
  • Building Area Units: Square Feet
  • Co-Listing Agent License: 01390592
  • Co-Listing Office License: 01840569
  • Common Walls: 2+ Common Walls
  • Community Features: Curbs, Sidewalks
  • Country: US
  • Direction Faces: West
  • Directions: Beachfront building located at the southwestern most part of Avenida Victoria directly adjacent to the San Clemente Pier and Fisherman's Restaurant.
  • Electric Expense: 6555.00
  • Fuel Expense: 3278.00
  • Garage Spaces: 2.00
  • Gross Income: 517656.00
  • Gross Multiplier: 25.00
  • Gross Scheduled Income: 517656.00
  • Heating: Central
  • Heating YN: Yes
  • Insurance Expense: 10268.00
  • Laundry Features: Community, See Remarks
  • Laundry YN: Yes
  • Listing Agent License: 01176224
  • Listing Office License: 01840569
  • Lot Features: Near Public Transit, Park Nearby, Value In Land, Walkstreet
  • Lot Size Area: 69707500.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Maintenance Expense: 5099.00
  • Net Operating Income: 283017.00
  • New Taxes Expense: 140000.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 15
  • Operating Expense: 234639.00
  • Operating Expense Percent: 45.00
  • Other Expense: 24249.00
  • Other Expense Description: CAPEX
  • Pest Control Expense: 1906.00
  • Property Attached YN: Yes
  • Property Condition: Turnkey
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Sewer: Public Sewer
  • Stories Total: 3
  • Total Actual Rent: 43138.00
  • Total Expenses: 234639.00
  • Trash Expense: 12992.00
  • Uncovered Spaces: 8.00
  • Water Sewer Expense: 8346.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Svn/Vanguard, Cameron Irons

Bonnie Hart
Coldwell Banker Residential Brokerage

27742 Vista Del Lago, Ste. J1
Mission Viejo, CA 92692
Phone: 949-201-6887
Email: bonnie@bonniehart.com
DRE #01738829

Testimonials

Bonnie greatly assisted my family in our last home search. She was extremely knowledgeable, professional, and gave us a great deal of insight and perspective. Throughout the entire process she demonstrated a great deal of patience and explained everything to us in great detail. I highly recommend Bonnie Hart to assist you in your home search. We certainly will call upon her when we look to move again! Jeffrey Miller
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