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Donnie Bowen

[email protected] +1(949) 290-9754

$ 9,995,500

Est. payment | -/mo

0.99 Acres Lot

Save

$ 9,995,500

Est. payment | -/mo

Save

0.99 Acres Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision .Palisades Apartments

MLS Listing ID LG26055865

Construction Status Turnkey

HOA Y/N No

Year Built 1970

Lot Size 0.990 Acres

Property Sub-Type Apartment

Property Description

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.

Location

State CA

County Orange

Area Cb - Capistrano Beach

Rooms

Other Rooms Second Garage, Storage, Workshop

Interior

Interior Features Ceiling Fan(s), Storage, Unfurnished, All Bedrooms Down

Heating Radiant

Cooling None

Flooring Carpet, Laminate, Tile

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Electric Range, Disposal, Range Hood, Vented Exhaust Fan, Water Heater

Laundry Common Area, Laundry Room

Exterior

Parking Features Assigned, Concrete, Detached Carport, Door-Single, Driveway, Garage, Garage Faces Rear, Garage Faces Side, Storage

Garage Spaces 7.0

Carport Spaces 15

Garage Description 7.0

Fence Block, Chain Link, Wood, Wrought Iron

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Water Sports, Park

Waterfront Description Across the Road from Lake/Ocean,Ocean Side Of Freeway

View Y/N Yes

View Bluff, Hills

Roof Type Composition

Accessibility No Stairs

Total Parking Spaces 26

Private Pool No

Building

Lot Description Landscaped, Near Park, Near Public Transit, Rectangular Lot, Sprinkler System

Faces West

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

Additional Building Second Garage, Storage, Workshop

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 69118109

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

Lease Land No

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Craig Delahooke Berkshire Hathaway HomeServices California Properties 949-355-9710, DRE #01942024

NEARBY SCHOOL & BUSINESS

+1(949) 290-9754

[email protected]

22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA

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35322 Camino Capistrano Dana Point, CA 92624