3 oceanfront units (San Clemente, CA)

3 oceanfront units

Great investment property presented off-market in San Clemente CA. An oceanfront property located on the bluff with panoramic unobstructed views of the stunning California coastline and tremendous views of Catalina Island. Current tenant has occupied the property for 6 years on a yearly lease. The property is 3 separate units and is currently entirely occupied by the current tenant. Tenant is willing to stay and continue to run this high end adult rehab center. Huge potential to increase rents. This is also a attractive Condo Development Opportunity or owner occupied with 2 income units. Or can be used as a vacation destination and leased out on a day to day or weekly basis for maximum income potential. 8 Bd 8 Ba (3 separate units) (1 tenant) 1 - 4bd 1 - 3bd 1 - Studio 3 - Two car garagesOWNER FINANCING AVAILABLE Gross Annual Income - 240 000 ( 20 000 per month) List Price - 5 300 000 (seller financing offered with 2.4M down) Contact me for terms and conditions. Oceanfront with Strong long term tenant. There are New Construction luxury condos 3 000 SF on the lot directly next to subject property which are currently selling at 4.5M starting price. Several already in escrow.Yvette N. Prelle Broker PRELLE & ASSOCIATES 01234269 Feel free to call or text me at 949-293-5390 or email me atyvette(at)prelleandassociates.com for more information or a private showing.