251 Avenida Del Mar, San Clemente, CA 92672 | OC22073444 | Willis Allen Real Estate

251 Avenida Del Mar $4,000,000

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    251 Avenida Del Mar San Clemente, CA 92672

    • 0 Beds
    • 0 Baths
    • 1,248 sq. ft.
    • Multi-Family
    • MLS# OC22073444
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    Views: 40 Days On Market: 226

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    Property Details

    Take advantage of this rear opportunity to lease or purchase this commercial/residential mixed-use property in the heart of Avenida Del Mar. This unique property offers real estate tax advantages via the Mills Act, if you choose to purchase the property. The current structure offers 2 bedrooms, 1 bathroom down, and 1 bedroom, 1 bathroom up. The downstairs offers over 900 sq ft of commercial opportunity for any commercial business who requires heavy foot traffic. The upstairs could lease out in the $2000-$2500 range. The 4500 square foot lot offers a long driveway and large front yard. Restaurants, Pacific Ocean, Street Fairs and shopping plus the Trolley are incremental assets.

    • General Features
      • Buyer Compensation 2.000 %
      • Community Features Curbs, Sidewalks
      • County Or Parish Orange
      • Number Of Buildings 1
      • Number Of Separate Electric Meters 0
      • Number Of Separate Gas Meters 0
      • Number Of Separate Water Meters 0
      • Number Of Units Leased 0
      • Number Of Units Total 3
      • Property Condition Fixer
      • Subdivision Name Other (OTHR)
      • YearBuilt 1927
    • Building Features
      • Appliances Freezer,Disposal,Gas Range,Gas Water Heater,Refrigerator
      • Cooling None
      • Entry Location 1
      • Fireplace Features None
      • Flooring Laminate
      • Foundation Details Raised
      • Heating Floor Furnace,Wall Furnace
      • Interior Features Ceiling Fan(s),Granite Counters,Pantry
      • Laundry Features Dryer Included,Inside,Washer Included
      • Levels Two
    • Property Features
      • Fencing Wood
      • Lot Size Acres 0.1
      • Lot Features Garden, Lawn, Sprinklers In Front, Yard
      • Pool Private Y/N 0
      • Pool Features None
      • View Error: ClassID in tblMLSFieldPropertyType is null.
      • Parking Total 2.00

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    Neighborhood

    92672 (San Clemente) Demographics

    46 Median Age
    3,915 Population Density (per sq. mile)
    56% College Educated
    $89,029 Estimated Median Income
    7,702 Estimated Total Home Owners
    6,778 Estimated Total Renters
    53% / 47% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    34,659 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,360,000 Median Sales Price
    23 Homes Sold
    34 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $4,000,000
        4/15/2022 3:33:00 AM New in Database Source: Multiple Listing Service New Value: $4,000,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 11/27/2022 10:19:23 AM. 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.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.