NOT LISTED FOR SALE
5 Beds
3 Baths
2,350 Sq Ft
4,815 Sq Ft Lot

Last Sold July 21, 2022

Last sale price $1,650,000 $702 Per Sq Ft

13 Days on Market

Highlights

  • Partially Fenced Property
  • Concordia Elementary School Rated A
  • Wood Siding

About This Home

As of July 2022

Perfect little 2349sf triplex located just east of I-5, but still a short walk to the beach, shopping and restaurants. Buyer must be flexible-Sale subject to seller's 1031 Exchange with no current up-leg. Buyer must wait to close escrow until up-leg property is located. 2br/1ba in the front, 1br/1ba center, and upstairs 2Br/1Ba over the garages. Currently rented below market, but potential for rapid increases for the new owner. Rear unit above garages has peak ocean view. All three units come with garages, with the laundry is located in one of them. All units are in good condition, but not updated for a long time.

Last Agent to Sell the Property

Alan Hemphill

Dolphin Realty License #00963009 Listed on: 05/10/2022

Last Buyer's Agent

Ryan Clancy

Ryan Clancy, Broker License #01817582

Property Details

Home Type

  • Multi-Family

Year Built

  • 1954

Lot Details

  • 4,815 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Community Details

  • 3 Units
  • San Clemente Community

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 690-402-10

Property Details

Home Type

Multi-Family

Year Built

1954

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Cross Street: S. El Camino Real
  • Neighborhood: San Clemente
  • Stories: 2 Story
  • Sale Price List Price: 1.1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: San Clemente
  • Community: SAN CLEMENTE

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 690-402-10
  • Estimated Lot Sq Ft: 4815

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 3
  • Gross Rent Multiplier Actual: 30.12
  • Gross Rent Multiplier Projected: 13.88
  • Number Of Buildings: 1
  • Number Of Units With Garage: 3
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2022 07/21/22 Sold $1,650,000 +10.1% $702 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $1,499,000 -- $638 / Sq Ft
Source: San Diego MLS

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 $16,721 $1,683,000 $1,581,472 $101,528
2024 $16,721 $1,650,000 $1,550,462 $99,538
2023 $16,694 $1,650,000 $1,550,462 $99,538
2022 $3,669 $360,044 $260,506 $99,538
2021 $3,598 $352,985 $255,398 $97,587
2020 $3,563 $349,366 $252,779 $96,587
2019 $3,493 $342,516 $247,822 $94,694
2018 $3,426 $335,800 $242,962 $92,838
2017 $3,359 $329,216 $238,198 $91,018
2016 $3,295 $322,761 $233,527 $89,234
2015 $3,245 $317,913 $230,019 $87,894
2014 $3,182 $311,686 $225,513 $86,173
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220011246

San Diego MLS

APN: 690-402-10