256 Avenida Monterey, San Clemente, CA 92672
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256 Avenida Monterey San Clemente, CA 92672

$2,490,000
  • 3 Beds
  • 1.5 Baths
  • 1,673 Sq.Ft.
For Sale
$2,490,000 Get Pre-Qualified

Property Overview: 256 Avenida Monterey San Clemente, CA has 3 bedrooms, 1.5 bathrooms, 1,673 living square feet and 7,903 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: EXCEPTIONAL INVESTMENT OPPORTUNITY: "AS-IS" ZONE R-3 PROPERTY NEAR BEACH AND DOWNTOWN WITH DEVELOPMENT POTENTIAL. Size this rare chance to invest in a prime location! This "as-is" duplex offers unparalleled potential, situated within walking distance to both the beach and vibrant downtown. Here is why this property is a standout opportunity: Just a leisurely stroll away from beautiful San Clemente Pier and T-street and walking distance from Del Mar. Duplex configuration with existing rental income potential. Ideal for immediate rental or redevelopment. SOLD AS-IS This property is being offered in its current condition, presenting a unique opportunity for visionary investors. RAZE AND REBUILD: Capitalize on the potential to demolish the current structure and construct up to three new units, (check with city)maximizing the property's value and rental income. Take advantage of favorable zoning laws that support multi-unit development, ensuring a lucrative return on investment. Ideal for developers looking to create high-value, modern housing in a coveted neighborhood. The combination on beachside allure and downtown amenities guarantees steady market appreciation. Transform this "as-is" duplex into a modern multi-unit complex, reaping the benefits of its exceptional location and high development potential. DON'T MISS OUT ON THIS UNIQUE INVESTMENT OPPORTUNITY.

Listed by Rita Gonchar | BRE #00815246 | T.N.G. Real Estate Consultants
Last checked: 6 minutes ago | Last updated: June 5th, 2024 | Source CRMLS | DOM: 30
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Home details

Lot Sq. Ft
7,903
HOA Dues
$0/mo
Year built
1951
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
PW24100451
City
San Clemente
County
Orange
Time on Site
29 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 256 Avenida Monterey

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room, Washer Hookup
Fireplace Information
  • None, Bath, Kitchen, Living Room, Patio
Room Information
  • Flooring: Laminate, Stone
  • All Bedrooms Down, Kitchen, Laundry, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Tankless Water Heater
Interior Features
  • Ceiling Fan(s), Corian Counters
  • Levels: One
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Roof: Shingle
  • Lighting
  • Has Fence
  • Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Garage - Two Door
Lot Information
  • Lot Features: Corner Lot, Landscaped, Lawn, Level with Street, Lot 6500-9999, Sprinklers In Front
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 05810341
  • Year Built Source: Assessor
  • Architectural Style: Bungalow
  • Entry Level: 1
  • Property is Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: other
  • Directions: S El Camino Real to Avenida Rosa, left on Avenida Monterey
Neighborhood Information
  • Community Features: Biking, Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 256 Avenida Monterey

Last sold for $865,000 on August 10th, 2006
  • May, 2024

  • May 17, 2024

    Date

    Active

    CRMLS: PW24100451

    $2,490,000

    Price

  • August, 2006

  • Aug 10, 2006

    Date

    Sold (Public Records)

    Public Records

    $865,000

    Price

  • December, 2005

  • Dec 30, 2005

    Date

    Sold (Public Records)

    Public Records

    $775,000

    Price

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Tax History for 256 Avenida Monterey

Assessed Value (2020): $1,037,368
Year Land Value Improved Value Assessed Value
2020 $964,752 $72,616 $1,037,368

Home Value Compared to the Market

This property vs the competition

256 Avenida Monterey is listed 18.57% higher than the median list price for the city of San Clemente which has a median list price of $2,100,000. The median price per/sqft for San Clemente is $796 and this home is listed at $1488.34 per/sqft which puts the price per square foot 86.98% higher than the median price per square foot for the city of San Clemente.

About 256 Avenida Monterey

Detailed summary of property

256 Avenida Monterey is a duplex located in San Clemente, CA 92672 and is currently for sale. This duplex offers 3 bedrooms, 1.5 bathrooms, roughly 1,673 living square feet, and sits on an approximately 7,903 square foot lot. 256 Avenida Monterey was first listed on ArdentRealEstateGroup.com on May 17, 2024. The homeowner is currently asking $2,490,000. The median priced home in San Clemente is $2,100,000 with a median price per square foot of $796. Based on Ardent Real Estate Group's San Clemente Market Data, this home is listed 18.57% higher than the median priced home. While the average home in San Clemente, CA is selling in 55 days, 256 Avenida Monterey has a days on market of 30 days. There are currently 204 homes for sale in the San Clemente real estate market and 166 of them are single family homes while 33 of them are condos and 5 are townhomes. For more information on this home for sale at 256 Avenida Monterey San Clemente, CA 92672 contact Ardent Real Estate Group and we will put you in touch with one of our San Clemente agents.

Public Facts for 256 Avenida Monterey

Public county record property details
Beds
--
Baths
--
Year built
1951
Sq. Ft.
1,673
Lot Size
8,834
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
56
APN
058-103-41

The source for these homes facts are from public records.

92672 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,275,000
Median List Price/Sq.Ft.
$989
Median Sold Price
$1,600,000
Median Sold Price/Sq.Ft.
$938
Total Inventory
127
Median Sale to List Price %
100%
Avg Days on Market
26
Loan Type
Conventional (17.86%), FHA (0%), VA (3.57%), Cash (57.14%), Other (21.43%)

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Related Resources to 256 Avenida Monterey

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.