San Clemente, CA 92673,635 Camino De Los Mares
Listed by Kevin Bayless β€’ Bayless Real Estate
Bought with Kevin Bayless β€’ Bayless Real Estate
$13,750,000
$14,195,000
3.1%
Est.Price: ?

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24,077 SqFt

635 Camino De Los Mares San Clemente, CA 92673

Est. payment /mo
SOLD DATE : 12/07/2021

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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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Bay East AOR and Contra Costa AOR

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