$1,025,000
$1,100,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
5,227 Sqft Lot
SOLD DATE : 07/27/2023
Key Details
Sold Price $1,025,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Capistrano Bluffs By Sea (Cb)
MLS Listing ID PW23123541
Sold Date 07/27/23
HOA Y/N No
Year Built 1959
Lot Size 5,227 Sqft
Property Description
Welcome to 26731 Avenida Las Palmas in Capistrano Beach! This charming duplex is ideally situated less than a mile from the beach, offering an incredible coastal lifestyle opportunity. With two 2-bedroom, 1-bathroom units, this property presents a range of possibilities for investors, renovators, or those looking to build their dream property from scratch.
Please note that this property does have foundation issues, which are documented in the attached report found in the supplements section on MLS. However, despite these concerns, the potential for this property is truly remarkable. With the right vision and investment, you can restore these units to their former glory and create a solid income-generating investment.
Alternatively, if you're feeling more ambitious, you have the unique opportunity to build your dream property from the ground up. With a lot that has been untouched for over 40 years, you can let your imagination run wild and design a custom residence that perfectly suits your needs and preferences.
Located in the highly desirable Capistrano Beach area, this property offers convenient access to pristine beaches, breathtaking coastal views, and a wide range of recreational activities. Enjoy the relaxing atmosphere and laid-back beach lifestyle that Capistrano Beach has to offer.
Don't miss out on this rare opportunity to own a property with tremendous potential and endless possibilities. Whether you choose to renovate or start anew, 26731 Avenida Las Palmas is a property that holds immense value and promises a bright future. Act now to secure your investment in this highly sought-after beach community. Please note property has substantial foundation issues.
Location
State CA
County Orange
Area Cb - Capistrano Beach
Interior
Fireplace No
Laundry In Kitchen
Exterior
Pool None
Community Features Suburban
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 12326150
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard, Trust
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Bought with Fred Denny • First Team Real Estate