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501 Elena Lane

San Clemente, CA 92672

– beds
– baths
– sqft
5,013 sqft lot
2022 build
– on site

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Amazing Development Opportunity in the San Clemente Pier Bowl area. This beautiful building is designed by Michael Luna and features two separate units that can be kept as a duplex or sold individually. Perfect opportunity for an owner/builder to build one and keep the other. Each unit features an ocean view rooftop deck, 2 car garage, private elevators, second-level decks and spacious kitchens with an open floor plan concept. Unit A features 3,307 square feet of living space, garage plus storage space, parlor entry, main floor guest room with ensuite bathroom, laundry, and private elevator. The second level features open concept living with a kitchen/dining area, a private den, and a large living area that opens to your own private deck. The third level features two secondary bedrooms and the primary suite with a wraparound deck. Unit B features 3,528 square feet of living space, garage plus storage space, private laundry, parlor entry on the first floor with a full deck and a private elevator. The second level features a study, formal dining room, open kitchen, fireplace and deck. The third level features 2 secondary bedrooms and the primary suite with a private deck. Both units include a spacious and open rooftop deck with ocean views, fireplace, grill and a sink. Plans have been submitted to the city. Demolition is expected to start in May so there is a limited time to purchase before the owner takes it off the market and completes the development. Just a short distance to beach access, San Clemente Pier and great downtown shops and restaurants on Avenida Del Mar. Existing structure to be sold as-is with plans and reports.

Listed By CRMLS_CA / Doug Echelberger / Pacific Sotheby's Int'l Realty

Last checked: Checking… • Last updated Sep 4, 2023 •

MLS# OC22019176 —

The Building

Year Built:

2022
Year Built Source:

Other
New Construction:

Yes
Architectural Style:

Spanish
Roof:

Spanish Tile
Entry Level:

1
Common Walls:

1 Common Wall
Building Area Total:

6565.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

2
Stories Total:

3
# of Separate Gas Meters:

2
# of Separate Water Meters:

2
# of Separate Electric Meters:

3

Interior

Features:

Balcony, Bar, Elevator, Living Room Deck Attached, Open Floorplan, Unfurnished
Levels:

Three Or More
Room Type:

Entry, Kitchen, Laundry, Living Room, Master Suite, Office, Walk-In Closet
Fireplace:

Yes
Fireplace:

Living Room
Laundry:

Gas & Electric Dryer Hookup, Inside
Laundry:

1

Location

Directions:

North on I-5, Exit toward el Camino Real, turn left onto S El Camino Real, turn left onto W Paseo de Cristobal, turn right onto South Ola Vista, turn left onto Avenida Madrid, turn left onto Elena Lane.
Latitude:

33.42048100
Longitude:

-117.61611900

The Property

Property Type:

Residential Income
Subtype:

Duplex
Lot Features:

2-5 Units/Acre
Lot Size Area:

5013.0000
Lot Size Acres:

0.1151
Lot Size SqFt:

5013.00
Lot Size Source:

Assessor
View:

1
View:

Catalina, Coastline, Neighborhood, Ocean, Pier
Security Features:

Fire Sprinkler System
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

2
Tax Census Tract:

421.03
Tax Area:

10000
Tax Tract:

785
Tax Lot:

9

The Listing

Buyer's Brokerage Compensation:

2.500%
Special Listing Conditions:

Standard
Buyer's Brokerage Compensation:

$2.50
Parcel Number:

69204425

Heating & Cooling

Heating:

1
Heating:

Central, Forced Air
Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Subdivision:

Other (OTHR)
Subdivision:

Other
Senior Community:

No
Features:

Curbs, Gutters
Pool:

None
Private Pool:

No
Waterfront Features:

Ocean Side of Freeway, Ocean Side Of Highway 1
Spa Features:

None
Inclusions:

All plans and reports.
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Driveway, Garage, Garage - Two Door
Parking Spaces:

4.00
Garage Spaces:

4.00

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Sale history

Date	Event	Source	Price
6/1/22 Jun 1, 2022	Sold	CRMLS_CA	$2,500,000
5/19/22 May 19, 2022	Pending	CRMLS_CA	$2,500,000
4/19/22 Apr 19, 2022	Sold Subject To Contingencies	CRMLS_CA	$2,500,000

Multifamily Sold on 6/1/2022

$2,500,000

Listing provided by broker:

Doug Echelberger

Pacific Sotheby's Int'l Realty

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Listing Courtesy of: CRMLS_CA and Pacific Sotheby's Int'l Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 08:58 on Apr 27.

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.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

501 Elena Lane

San Clemente, CA 92672