$3,325,000 - 116 Loma Ln., San Clemente

  • 6,491SQ. Feet
  • 0.24Acres

San Clemente Home For Sale

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.

Sales Agent

Sam Smith
  • Sam Smith
  • San Clemente Realtor ®
  • Phone: 949-204-5110
  • Cell: 949-204-5110
  • Contact Agent Now

Amenities

  • Parking Spaces13
  • # of Garages8

Essential Information

  • MLS® #PW19280114
  • Price$3,325,000
  • Bathrooms0.00
  • Square Footage6,491
  • Acres0.24
  • Year Built1963
  • TypeResidential Income
  • StatusActive

Exterior

  • Lot DescriptionLandscaped

Community Information

  • Address116 Loma Ln.
  • AreaWrigley Area (5)
  • CitySan Clemente
  • CountyOrange
  • StateCA
  • Zip Code92672

Additional Information

  • Date ListedDecember 12th, 2019
  • Days on Market108
  • Short SaleN
  • RE / Bank OwnedN

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$3,750,000
San Clemente, CA
Baths
6,900 SqFt
65 Days On Market
Community: Other (OTHR)

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Other (othr)

  • City:
    San Clemente
  • Price Range:
    $799,900 - $4,895,000
  • Current Listings:
    20
  • HOA Dues:
    $
  • Average Price per Square Foot:
    $633

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Provided By: Chris Keramati(01702116), Triqor Group.

Based on information from California Regional Multiple Listing Service, Inc. as of March 31st, 2020 at 12:34pm 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.