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115 Avenida Granada

2 Unit Apartment Building $2,200,000 ($1,100,000/Unit) San Clemente, CA 92672

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Executive Summary

Nestled in the vibrant heart of downtown San Clemente is this prime mixed-use property that captures both charm and opportunity. Ideally located next to the main streets of Avenida Del Mar and El Camino Real, this property offers unparalleled visibility and walkability to a myriad of shops and restaurants. The MU.3.1 zoning provides for a multitude of uses, opening doors to future development possibilities. The property features a freestanding commercial building of approximately 775 square feet, currently functioning as a professional office. The building, situated on a 40-foot wide street frontage, includes three private offices, a central conference room, a break room, and a restroom, offering a well-equipped space for various business needs. Behind the commercial building, accessible via a private driveway, lies the residential building. This area is currently comprised of two units with two single-car garages. Originally designed as three apartments, the residential space can easily be converted back to a triplex. The upstairs unit boasts a spacious new deck with panoramic ocean views and a remodeled open floor plan. Filled with natural light, this expansive area includes a full kitchen, a full bath, and an oversized bedroom, providing a comfortable and inviting living space. The lower unit features a charming studio, which can be converted into additional office space if required. This property represents a rare and ideal opportunity for those seeking a versatile investment in a prime location. Whether you are looking for a seamless work-live-play lifestyle near the beach, an investment with substantial income potential, or a site for future development, this unique property caters to all these needs and more.

Property Facts

Price	$2,200,000	Building Class	C
Price Per Unit	$1,100,000	Lot Size	0.09 AC
Sale Type	Investment	Building Size	2,281 SF
No. Units	2	No. Stories	2
Property Type	Multifamily	Year Built	1960
Property Subtype	Apartment Office Office Residential	Parking Ratio	2.63/1,000 SF
Apartment Style	Low Rise

Price	$2,200,000
Price Per Unit	$1,100,000
Sale Type	Investment
No. Units	2
Property Type	Multifamily
Property Subtype	Apartment Office Office Residential
Apartment Style	Low Rise
Building Class	C
Lot Size	0.09 AC
Building Size	2,281 SF
No. Stories	2
Year Built	1960
Parking Ratio	2.63/1,000 SF