$9,995,500
About this home
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.
Facts & features
- Interior features
- Ceiling Fans, Storage, Unfurnished, All Bedrooms Down
- Appliances
- Dishwasher, Electric Range, Disposal, Range Hood, Vented Exhaust Fan, Water Heater
- Flooring
- Carpet, Laminate, Tile
- Fireplace
- None
- Heating
- Radiant
- Cooling
- None
- Laundry
- Common Area, Laundry Room
- Levels
- One
- Spa
- None
- Lot size
- 0.99 acres (43,124 sq ft)
- Pool
- None
- View
- Bluff, Hills
- Architectural style
- Traditional
- Year built
- 1970
- Parking
- Assigned, Concrete, Detached Carport, Door Single, Driveway, Garage, Garage Faces Rear, Garage Faces Side, Storage
- Parking spaces
- 26
- Area
- CB - Capistrano Beach
- County
- Orange
- Community features
- Curbs, Gutters, Storm Drains, Street Lights, Sidewalks, Water Sports, Park
- Status
- Active
- Property type
- Apartment
- Days on market
- 8
- Listed
- 2026-03-15
- Terms
- Submit
- Parcel #
- 69118109
- MLS #
- LG26055865
