San Clemente, CA 92672 207 W Marquita
$3,650,000
3 more
Presented By: Rick Applebaum with Morgan Skenderian; rma@morganskenderian.com
Baths • 1
SQFT • 6,261
Home Details
Introducing 207 W Marquita, a prime investment opportunity in San Clemente. This 6,261 SF multifamily property comprised of (1) one bedroom/one bathroom unit, (5) two-bedroom/one and three quarter bathroom units, and one extremely desirable two bedroom/one and one half bathroom townhouse style unit, boasting scenic canyon vistas and a central location just 3 blocks from Avenida Del Mar. Built in 1971, this well-maintained asset features updated electrical, newer windows, and SB721 compliance. With its desirable location and first-time market listing in over 30 years, this property
offers an enticing prospect for multifamily/low-rise/garden investors seeking a solid investment in the thriving San Clemente area.
Presented By: Rick Applebaum with Morgan Skenderian; rma@morganskenderian.com
Interior Features for 207 W Marquita
Other Interior Features
Common WallsNo Common Walls
Interior AmenitiesCeiling Fan(s)
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 207 W Marquita
Additional Parcels Y/NNo
AppliancesDishwasher, Microwave
Building Area UnitsSquare Feet
Cap Rate4.52
Carport Spaces7
Carport Y/NYes
CitySan Clemente
Community FeaturesBiking, Curbs, Dog Park, Foothills, Fishing, Hiking, Park, Sidewalks, Water Sports
CountyOrange
DirectionsWest of El Camino Real and South of Avenida Miramar
Electric Expense2389
Entry LocationStreet
Fuel Expense2390
Garage Spaces
Garage Y/NNo
Gross Income240480
Insurance Expense9392
Land Lease Y/NNo
LevelsTwo
Listing TermsCash to New Loan
Lot Size Square Feet10216
Lot Size UnitsSquare Feet
MLS Area699 - Not Defined
MaintenanceExpense9330
Net Operating Income165061
New ConstructionNo
Number Of Units Total7
Operating Expense68204
Pool FeaturesNone
PostalCitySAN CLEMENTE
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot5
Taxes$36,858
Trash Expense2390
Water Sewer Expense2390
Year Built1971
Year Built SourceAssessor
Exterior for 207 W Marquita
Building Area Total6261
Lot Size Acres0.2345
Lot Size Area10216
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters7
Number of Separate Gas Meters7
Number of Separate Water Meters1
Private PoolNo
Total Parking7
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Josh Russell
Realtor®