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European Style Mixed Use Building by the Sea 2449 S El Camino Real

1,936 SF Retail Building San Clemente, CA 92672 £1,554,330 (£803/SF) 3.60% Net Initial Yield

Investment Highlights

  • MIXED USE
  • GOLF COURSE & OCEAN VIEW
  • UP TO 9 SPACES + STREET PARKING
  • STAND ALONE BUILDING
  • HIGH TRAFFIC VISIBILITY
  • SIGNAGE OPPORTUNITY

Executive Summary

European style Mixed Use Building by the Sea. Highly Desirable Mixed Use / Retail building with a wide range of existing available uses and special permit uses. 9 spaces and more street parking at rear. Peak-a-Boo Ocean View with a San Clemente Golf Course View. Located near Interstate 5 Freeway and El Camino Real placement which offers an opportunity for Highly Visible Signage from the High Car & Pedestrian Traffic Count. This Live/Work stand alone building provides approximately 888 sqft on the lower level and approximately 1,048 sqft with a 3 bedroom, 1 bath, and kitchenette apartment on the upper level. Previously used as Medical Office/Lab and Live/Work space. Great visibility and walkability to stores and restaurants on El Camino and Downtown. NC1.3 Zoning provides many uses. This recently painted exterior and remodeled bathroom investment offers 3 separate entrances. Low 1% tax rate, HVAC System, 2 electric meters and No Building HOA. Ceilings are 9 feet on 1st floor and 12 feet on 2nd floor. Architect, Richard Fast. Own the space your way in San Clemente.

Financial Summary (Pro forma - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,936 SF
Building Class
C
Year Built/Renovated
1981/2001
Price
£1,554,330
Price Per SF
£803
Net Initial Yield
3.60%
NOI
£55,956
Tenancy
Single
Number of Floors
2
Building FAR
0.40
Land Acres
0.11 AC
Zoning
NC 1.3 - Neighborhood Commercial 1.3 - MIXED USE - RETAIL/RESIDENTIAL/OFFICE CITY of SC ZONING SITE: https://zoning-lookup-tool-sanclementeca.hub.arcgis.com/
Parking
9 Spaces (4.5 Spaces per 1,000 SF Leased)
Frontage
40 ft on El Camino Real

Amenities

  • 24 Hour Access
  • Freeway Visibility
  • Drive Thru
  • Storage Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
060-041-01
Land Assessment
£414,967 (2023)
Improvements Assessment
£182,163 (2023)
Total Assessment
£597,130 (2023)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2025
  • Listing ID: 34053977

  • Date on Market: 02/12/2024

  • Last Updated:

  • Address: 2449 S El Camino Real, San Clemente, CA 92672

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