Bought with Kevin Bayless β’ Bayless Real Estate
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635 Camino De Los Mares San Clemente, CA 92673
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Key Details
Sold Price $13,750,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 24,077 sqft
Price per Sqft $571
MLS Listing ID CROC21181009
Sold Date 12/07/21
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 1.200 Acres
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.
Location
State CA
County Orange
Interior
Fireplace No
Building
Water Public
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