NOT LISTED FOR SALE

1004 San Clemente Rd El Granada, CA 94018

Estimated Value: $1,528,000 - $1,726,031

4 Beds
3 Baths
2,090 Sq Ft
$795/Sq Ft Est. Value

Last Sold January 23, 2019

Last sale price $1,485,000 $711 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $10,417/month

42 Days on Market

Highlights

  • Traditional Architecture
  • Guest Parking
  • Forced Air Heating System
  • 4 Car Attached Garage

About This Home

As of January 2019

Rare opportunity for income producing property located in beautiful El Granada! Duplex with 2 bedroom, 1 bath units and each with a two car garage. Both units have a private deck. Privately located on a corner lot with extra parking. Unit B is vacant with new carpet and fresh paint!

Last Agent to Sell the Property

Lynnette Giusti

Compass License #00835996 Listed on: 09/04/2018

Last Buyer's Agent

danny dimas

Element RE License #01863442

Element RE

Property Details

Home Type

  • Multi-Family

Year Built

  • 1986

Lot Details

  • 6,251

Parking

  • 4 Car Attached Garage
  • Guest Parking

Home Design

  • 2,090 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Additional Features

  • 6,251 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $52,200

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,900
  • Utility Expense $3,000
  • Operating Expense $9,086
  • Gross Income $52,200

Property Details

Home Type

Multi-Family

Year Built

1986

Lot Details

0

Parking

4

Listing Details

  • Zoning: r10006
  • Subclass: Duplex
  • Style: Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2090
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1986

Interior Features

  • Kitchen: Refrigerator
  • Living Sq Ft: 2090

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1435
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6250.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 23.95
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1900
  • Expenses Total: 9086
  • Expenses Utility: 3000
  • Income Annual Gross: 52200.00
  • Income Annual Rental: 52200
  • Income Gross Scheduled: 52200
  • Income Includes: Coin Operated Equip, Rents
  • Meters: Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
Jan 8, 2019
Sold by
San Clemente Llc
Bought by
Vainstein Klimenty
Seller's Agent
Lynnette Giusti
Compass
Buyer's Agent
danny dimas
Element RE
List Price
$1,250,000
Sold Price
$1,485,000
Premium/Discount to List
$235,000
18.8%
Current Estimated Value
$1,721,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,559
Avg. Annual Appreciation
1.64%
Original Mortgage
$613,200
Outstanding Balance
$540,217
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$1,122,291

Purchase Details

Closed on
Dec 19, 2016
Sold by
Fischer Hecht Shawn and Fischer Hecht Ann
Bought by
San Clemente Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
2.55%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 13, 2016
Sold by
Hecht Shawn Fischef
Bought by
Hecht Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
2.55%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vainstein Klimenty $1,250,000 Lawyers Title Co
San Clemente Llc -- Chicago Title Company
Fischer Hecht Shawn -- Chicago Title Company
Hecht Shawn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vainstein Klimenty $613,200
Previous Owner San Clemente Llc $530,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2019 01/23/19 Sold $1,485,000 +18.8% $711 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $1,250,000 0.0% $598 / Sq Ft
09/07/2018 09/07/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $1,250,000 -- $598 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,071 $1,394,394 $697,197 $697,197
2023 $17,071 $1,340,250 $670,125 $670,125
2022 $16,005 $1,313,972 $656,986 $656,986
2021 $16,066 $1,288,208 $644,104 $644,104
2020 $16,238 $1,275,000 $637,500 $637,500
2019 $4,622 $289,125 $8,758 $280,367
2018 $4,444 $283,457 $8,587 $274,870
2017 $4,186 $277,900 $8,419 $269,481
2016 $4,172 $272,452 $8,254 $264,198
2015 $3,970 $268,361 $8,131 $260,230
2014 $4,023 $263,105 $7,972 $255,133
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lynnette Giusti

    Compass

  • d

    Buyer's Agent in 2019

    danny dimas

    Element RE

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Map

Source: MLSListings

MLS Number: ML81721690

MLSListings

APN: 047-242-010

California San Mateo County El Granada

1004 San Clemente Rd, El Granada, CA

Not Listed for Sale

MultiFamily

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