Exceptional Investment Opportunity in San Clemente!
101 Avenida Serra and 102 Avenida Cabrillo—two prime legal parcels in the heart of San Clemente’s vibrant downtown. This fully-leased gem offers a solid 10-year NNN lease with a popular canteen and a 6-year NNN lease with a popular hotel, ensuring stable and reliable income.
With a robust estimated Net Operating Income of $288,000, this property not only boasts 10 dedicated parking stalls but also benefits from its strategic Mixed Use 3.1 (MU3.1) zoning, providing a range of future development possibilities.
Seize this opportunity to invest in a thriving location with established, high-quality tenants. Perfectly positioned for continued growth and profitability—101 Avenida Serra and 102 Avenida Cabrillo represent a unique and valuable addition to any investment portfolio.
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Listing Snapshot
Price
$5,500,000
Days On Site
307 Days
Bedrooms
N/A
Inside Area (SqFt)
7,200 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1795 Acres
Year Built
1955
MLS® Number
OC24193269
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
5 months ago
Price changed to $5,500,000
5 months ago
Listing updated with changes from the MLS®
10 months ago
Listing first seen on site
General Features
Acres
0.1795
Additional Property Use
Commercial
Number Of Stories
1
Property Sub Type
Mixed Use
Special Circumstances
Standard
SqFt Total
7200
Water Source
Public
Interior Features
Laundry Features
None
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Exterior Features
Lot Features
Paved
Community Features
Financing Terms Available
Cash
MLS Area
SC - San Clemente Central
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. The 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, the 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.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.