Incredible Investment Opportunity! The Palisades Apartments are comprised of 15 units in cottage-style clusters and sits on an acre of prime real estate perched along the coastal blufftops between the luxurious revitalized Dana Point Harbor and the San Clemente Pier. These well-maintained single-story units offer stable income and feature a mix of one and two bedroom units with private patios. Tenants enjoy substantial parking with a blend of carports with storage cabinets, garages and perimeter parking. Some units include interior W&D systems and there is also a community on-site laundry room. The owner made a significant investment by just completing construction of a new electric service line with new individual meters and sub-panels. This beautiful coastal community is centrally located to multiple transit systems including the 5 FWY, Pacific Coast Hwy, Amtrak & Metrolink Trains, the Dana Point & San Clemente trolly systems and local parks and award-winning schools.
11,659 Sq Ft
0.99 Private Acres Lot Size
apartment
Built in 1970
MLS/Listing ID LG26055865
1 Stories
15 Units
Community - Gutters
Community - Curbs
Style - Traditional
Water Heater
Vented Exhaust Fan
Bluff View
Composition
Parking - Storage
Parking - Garage Faces Side
Parking - Garage Faces Rear
Parking - Garage
Parking - Driveway
Parking - Door Single
Parking - Detached Carport
Parking - Concrete
Parking - Assigned
Lot - Sprinkler System
Lot - Rectangular Lot
Lot - Near Public Transit
Water Frontage Across the Road
Hills View
Range Hood
Disposal
Electric Range
Dishwasher
No Stairs
Block
Construction - Stucco
Construction - Block
Community - Storm Drains
Community - Street Lights
Community - Sidewalks
Community - Water Sports
Community - Park
Ocean Side of Freeway
Blinds
Public Sewer
Public Water
Chain-link
Wood
Wrought-iron
Carpet
Laminate
Tile
Heating - Radiant
Cooling - Ceiling Fans
Storage
Unfurnished
All Bedrooms Down
Common Area
Laundry Room
Lot - Landscaped
Lot - Near Park
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.