Orange, Residential Income – 1520 N El Camino Real, San Clemente, CA 92672, USA -001-11-30T00:00:00-08:00
Venetian Villas – Located in one of the premier beach cities in Orange County, 1520 N. El Camino Real (Coast Hwy) is an extremely rare investment opportunity to own 22 condo mapped residential mixed-use units in the heart North Beach San Clemente. Built in 2
1520 N El Camino Real, San Clemente, CA 92672, USA
$12,950,000 USD
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Address1520 North El camino real, San Clemente
Price$12,950,000
Year Built2010
Bedrooms Total0
Living Area28,311 ft2
Lot Size (Sq.Ft.)20,489
Listing IDOC17247602
StatusActive
Parcel Number69237145
Special ConditionsStandard
Walk Score73
Days on Market9

Detailed Description: Venetian Villas – Located in one of the premier beach cities in Orange County, 1520 N. El Camino Real (Coast Hwy) is an extremely rare investment opportunity to own 22 condo mapped residential mixed-use units in the heart North Beach San Clemente. Built in 2010, this Montecito / Ole Hanson inspired designed building, features sixteen (16) spacious 2 bedroom 2 ½ bathroom villas and six (6) ground floor commercial suites. Each residential villa is well-appointed with gourmet kitchens, spa-inspired baths, resort-style bedrooms, in-unit laundry, private patios with mountain, city and ocean views. Relax and enjoy the rooftop lounge / observation deck with panoramic Pacific Ocean and Sunsets views. Elevator service whisks you to / from secured / gated parking structure to each / all floors. A short stroll to the beach, walking trails, dining, Metro Transit Station and ample shopping at the recently completed Outlets, the high Walk Score location (73) presents a uniquely rare opportunity to own a high-quality asset, capitalize on below market rents / built-in intrinsic value, and benefit from the high demand for Orange County Lifestyle Living on the coast.

View
Cooling
Association
Fireplace
Laundry
Parking
Pool Private
Rent Control
Senior Community
Property Attached
Land Lease

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Address Information
Address1520 North El camino real, San Clemente
Street PrefixNorth
Subdivision NameOther (OTHR)
CitySan Clemente
Location (MLS Area)CD – Coast District
County Or ParishOrange
State or ProvinceCA
Postal Code92672
CountryUS
Financial Information
Price per Square Foot$457.42
Price per Lot Square Foot$632.05
Tenant PaysCable TV
Special ConditionsStandard
Total Expenses$259,683
Professional Management Expense$30,865
Operating Expense$259,683
Insurance Expense$16,272
Trash Expense$2,988
Operating Expense38%
Gross Income$685,806
Gross Scheduled Income$685,806
Net Operating Income$426,124
Tax Year2000
Tax Lot45
New Taxes Expense$131,070
Full Descriptions
Parcel Number69237145
Detailed DescriptionVenetian Villas – Located in one of the premier beach cities in Orange County, 1520 N. El Camino Real (Coast Hwy) is an extremely rare investment opportunity to own 22 condo mapped residential mixed-use units in the heart North Beach San Clemente. Built in 2010, this Montecito / Ole Hanson inspired designed building, features sixteen (16) spacious 2 bedroom 2 ½ bathroom villas and six (6) ground floor commercial suites. Each residential villa is well-appointed with gourmet kitchens, spa-inspired baths, resort-style bedrooms, in-unit laundry, private patios with mountain, city and ocean views. Relax and enjoy the rooftop lounge / observation deck with panoramic Pacific Ocean and Sunsets views. Elevator service whisks you to / from secured / gated parking structure to each / all floors. A short stroll to the beach, walking trails, dining, Metro Transit Station and ample shopping at the recently completed Outlets, the high Walk Score location (73) presents a uniquely rare opportunity to own a high-quality asset, capitalize on below market rents / built-in intrinsic value, and benefit from the high demand for Orange County Lifestyle Living on the coast.
Lot FeaturesNear Public Transit, Walkstreet
Community FeaturesStreet Lighting
Architectural StyleMediterranean, Spanish
Interior FeaturesGranite Counters, Living Room Balcony, Pantry, Phone System, Recessed Lighting
Flooring DescriptionTile
Water SourcePublic
UtilitiesCable Available, Phone Available, Sewer Connected, Water Connected
Laundry FeaturesGas and Electric Dryer Hookup, Washer Hookup
Heating DescriptionCombination, Fireplace
Cooling DescriptionCentral
Parking FeaturesCovered Parking, Subterranean
Fireplace FeaturesLiving Room, Gas
View DescriptionCity Lights, Mountain, Neighborhood, Ocean, Panoramic
Pool FeaturesNone
Road Surface TypePaved
Road Frontage TypeHighway
Property parameters
Year Built2010
Living Area (Sq.Ft.)28,311 ft2
Lot Size (Sq.Ft.)20,489
Number of Buildings1
Number of Units Total22
Stories Total3
Parking Spaces42
Garage Spaces42
LevelsThree Or More
Water SourcePublic
Units Total22
Average 2 Bedroom Area1,264 ft2
Number of Separate Electric Meters22
Number of Separate Gas Meters16
Number of Separate Water Meters22
Listed withSteve Heimuli (Lee & Asso.Realty Grp Npt Bch)