601 Calle Puente, San Clemente, CA 92672

Property Description

Talk about potential. Walk to the beach, pier and many shops and restaurants. This is a fantastic opportunity. Majority of the units have a view of the ocean. Units are in excellent condition with very little deferred maintainence but are mostly original decor. All 2 bedrooms and all have a private, enclosed garage. Great off street parking, a community laundry room and awesome community courtyard. Rents are decent but can be increased with unit upgrades. Wonderful onsite manager has done a great job of keeping the apartments rented and in good condition. All units have individual water heaters, forced air heating and separate electric and gas meters. Two units are townhouse style with extra square footage. Laundry equipment is leased. 6 units are 2 bedroom2, 1 bath. 2 units are 2 bedrooms, 1.5 baths Projected income is approx $170,000 with estimated expenses with new taxes at 53,000. Buyer to do own research and estimates. Information given to indicate potential of the property.