635 Camino De Los Mares, San Clemente, CA 92673

$13,750,000
Sold Price
$13,750,000
List Price
$14,195,000
Closing Date
Dec 07, 2021
Status
CLOSED
MLS#
OC21181009
Lot Size
52,272
Acres
1.2
Lot Location
LotOver40000Sqft
Days on Market
86
Property Type
Commercial
Property Sub Type
Office

Property Description

635 Camino De Los Mares is a versatile a 3-story, 24,077 square foot mixed-use investment property that is 100% leased to local, regional and national tenants in the office, medical and retail space. The offering is located at the signalized corner of Calle Agua and Camino De Los Mares which is the main arterial route for the trade area with combined traffic counts of over 40,000 cars per day. There are approximately 149,000 residents within a 5-mile radius with one of the highest household incomes in Orange County at over $136,000. Opportunity to own a generational asset in the heart of South Orange County which has recently undergone a substantial overhaul and renovation to both the interior and exterior. The asset has very little near-term roll over and over $3,400,000 has been invested in the project over the past 3 years. Major upgrades have been made to the plumbing, parking lot, common areas and brand new HVAC and electrical systems.

Additional Information

Water
Public
Attached Structure
Detached

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Kevin Bayless from Bayless Real Estate

Listing sold by Kevin Bayless from Bayless Real Estate

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.