This incredible investment opportunity has not been on the market since 1972. These 3 units all enjoy views of the ocean, coastline, city lights and night. With this expansive view, one can see San Clemente Island as well as the Dana Point Peninsula. The units benefit from a lot of natural light. Excellent unit mix of (1) 3bd/2ba and (2) 2bd/2ba. The current rents are below market leaving tremendous upside for the new owner. 4.30 ProForma Cap Rate is very realistic. Beyond the fantastic views, each tenant has their very own private garage. Unit A has a two car garage and units B & C each have a (1) car garage. Further, there is another garage available to any of the tenants, which can be used for another car or storage. This is another potential source of income for the Owner. REQUEST OFFERING MEMORANDUM FOR MORE DETAILS.
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