32311 Alipaz Street is a six-unit multifamily community in the highly desirable city of San Juan Capistrano, California. The offering represents a truly scarce opportunity in a supply-constrained market as the last sale of five or more units in San Juan Capistrano occurred nearly a decade ago in 2016. Built in 2001, the property is exceptionally well maintained and features six spacious three-bedroom/two-bathroom townhomes. Select units have been upgraded with luxury vinyl tile flooring, while all units enjoy private balconies that blend indoor and outdoor living. Residents benefit from a gated, grade-level parking garage that provides ample covered parking with secure storage lockers, as well as a convenient on-site laundry facility. Ideally located, 32311 Alipaz Street is surrounded by a range of lifestyle conveniences. Nearby Camino Capistrano and Del Obispo Street provide abundant retail centers, shops, and dining options, while the newly developed River Street Marketplace down the road offers a fresh mix of restaurants and entertainment. The property is minutes from some of San Juan Capistrano’s most notable destinations, including the historic Mission San Juan Capistrano, the San Juan Capistrano Train Station, and the award-winning Heritage Barbecue. Families benefit from close proximity to JSerra Catholic High School and the San Juan Capistrano Community Center, reinforcing the area’s strong residential appeal. Additionally, the property is just a short drive to Dana Point, where the revitalized Dana Point Harbor and Doheny State Beach provide access to some of Southern California’s most celebrated coastal amenities. 32311 Alipaz Street presents investors with a rare chance to acquire a newer-construction, townhouse-style community in one of Orange County’s most historic and desirable submarkets.