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35322 Camino Capistrano, Capistrano Beach, CA, 92624

16beds
16baths
11,659sqft
$9,995,500
$857price/sqft
$59,416/moest. monthly cost
$2,376,640/yrincome needed

About This Home

Incredible Investment Opportunity! The Palisades Apartments are comprised of 15 units in cottage-style clusters and sits on an acre of prime real estate perched along the coastal blufftops between the luxurious revitalized Dana Point Harbor and the San Clemente Pier. These well-maintained single-story units offer stable income and feature a mix of one and two bedroom units with private patios. Tenants enjoy substantial parking with a blend of carports with storage cabinets, garages and perimeter parking. Some units include interior W&D systems and there is also a community on-site laundry room. The owner made a significant investment by just completing construction of a new electric service line with new individual meters and sub-panels. This beautiful coastal community is centrally located to multiple transit systems including the 5 FWY, Pacific Coast Hwy, Amtrak & Metrolink Trains, the Dana Point & San Clemente trolly systems and local parks and award-winning schools.

Getting Around

42
WalkingCar-Dependent
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

8/10
Palisades Elementary SchoolGrades K-51.1 mi
8/10
Shorecliffs Middle SchoolGrades 6-81.2 mi
9/10
San Clemente High SchoolGrades 9-122.3 mi

Construction

Condition

  • Property condition: Turnkey
  • Year built: 1970

Materials

  • Roof: Composition
  • Construction materials: Block,Stucco

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Disposal,Range Hood,Vented Exhaust Fan,Water Heater
  • Laundry features: Common Area,Laundry Room

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 16
  • Bathrooms: 16

Features

  • Ceiling Fan(s),Storage,Unfurnished,All Bedrooms Down
  • Door features: Mirrored Closet Door(s),Sliding Doors
  • Window features: Blinds
  • Flooring: Carpet,Laminate,Tile
  • Fireplace features: None
  • Common walls with other units/homes: 1 Common Wall,No One Below

Heating & Cooling

  • Heating features: Radiant
  • Cooling features: None

Interior Area

  • Total structure area: 11,659
  • Total interior livable area: 11,659 sqft

Property

Accessibility

  • Accessibility features: No Stairs

Details

  • Parcel number: 69118109
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: None
  • Spa features: None
  • Fencing: Block,Chain Link,Wood,Wrought Iron
  • Has view: Yes
  • View description: Bluff,Hills
  • Waterfront features: Across the Road from Lake/Ocean,Ocean Side Of Freeway

Lot

  • Lot size: 0.99 Acres
  • Features: Landscaped,Near Park,Near Public Transit,Rectangular Lot,Sprinkler System

Parking

  • Total spaces: 26
  • Parking features: Assigned,Concrete,Detached Carport,Door-Single,Driveway,Garage,Garage Faces Rear,Garage Faces Side,Storage
  • Has garage: Yes
  • Attached garage spaces: 7
  • Covered spaces: 22
  • Uncovered spaces: 4
  • Carport: Yes
  • Carport spaces: 15