116 Loma Ln., San Clemente

$3,325,000

0 Beds
0 Baths
6,491 Sqft
.24 Acres
8 Garages

Loma Lane Apartments, a 9-unit apartment building located in the coastal City of San Clemente, CA. Built in 1963; the property offers a simple unit mix of (8) two-bedroom one-bathroom units and (1) non-conforming studio unit. The property has an on-site laundry facility, eight garage parking spots and five open parking spots. The building is individually metered for gas and electricity. Copper plumbing was installed in 2014-2015 and the roof was replaced in 2011. Loma Lane Apartments offers an investor the opportunity to purchase a well-located income producing asset with a 5.5% cap rate on market rents.

Essential Information
MLS® #PW19280114
Price$3,325,000
Bathrooms0.00
Square Footage6,491
Acres0.24
Year Built1963
TypeResidential Income
StatusActive
Community Information
Address116 Loma Ln.
AreaWrigley Area (5)
CitySan Clemente
CountyOrange
StateCA
Zip Code92672
Amenities
Parking Spaces13
# of Garages8
Exterior
Lot DescriptionLandscaped
Additional Information
Date ListedDecember 12th, 2019
Days on Market107
Listing Details
AgentChris Keramati(01702116)
OfficeTriqor Group

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Based on information from California Regional Multiple Listing Service, Inc. as of March 28th, 2020 at 10:36pm PDT. 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.

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