2001 El Camino Real San Clemente, CA 92672-3249
- Motels
- 3,846 SF
- 0.32 lot acres
Current Use by Public Records
- Trade Winds Motel / Motel / Hotel
Property Details for 2001 El Camino Real
- Year built
- 1955
- Lot size
- 0.32 lot acres
- Property size
- 3,846 SF
- Property type
- Motels
- APN
- 690-402-11
- APU
- 69040211
Description
Exceptional investment opportunity: a charming 11-key motel nestled in the upscale San Clemente, CA neighborhood. This single-story property, built in 1955, boasts 3,846 square feet on a 13,864 square foot lot (APN 690-402-11). Its strategic location, just one block from the vibrant downtown area, places it within easy reach of a variety of local amenities including delis, barbershops, salons, wine shops, and restaurants. The property's proximity to the ocean and the iconic 1,296-foot San Clemente Pier, offering breathtaking Pacific Ocean views, adds significant appeal. The motel includes an owner's apartment, providing added convenience and potential rental income. Priced at $2,995,000 ($778.73 per square foot), this property presents a unique opportunity for an investor to operate the existing motel or explore alternative uses, subject to city approvals. Potential buyers are advised to independently verify all information, including permitted uses, square footage, lot size, zoning, and building codes, with the relevant authorities. The property's age and current configuration should be considered when evaluating potential returns and renovation needs.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $485,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $480,000
- 6.5%
- $445,000
- 7%
- $410,000
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Location Insight
- Map
- Local Demand
- City
- San Clemente
- County
- Orange
- State
- California
- Longitude
- -117.602
- Latitude
- 33.4173
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA