NOT LISTED FOR SALE
6 Beds
4 Baths
2,707 Sq Ft
4,356 Sq Ft Lot

Last Sold October 19, 2021

Last sale price $1,695,000 $626 Per Sq Ft

5 Days on Market

Highlights

  • Ocean View
  • Beamed Ceilings
  • Tile Flooring
  • Las Palmas Elementary School Rated A-
  • Laundry Room
  • Landscaped

About This Home

As of October 2021

Tri-plex with expansive ocean view that is just blocks away from San Clemente Beach and North Beach!! This great investment opportunity features three separately metered two-bedroom units. The upper front unit has 2 Beds/2 Baths, open beam/vaulted ceilings, master with en-suite bathroom and private access to the massive private deck with ocean view. The two lower units feature 2 Beds/1 Bath with ample living and dining areas. All units have a separate entrance, 1 car covered parking space (can be enclosed with garage doors) plus driveway parking. There is a community laundry room that generates additional revenue. The property is just minutes away from the beach, the Outlets at San Clemente, Downtown San Clemente, and much more! Come experience the San Clemente lifestyle and don’t miss this opportunity!

Last Agent to Sell the Property

Steven Bullock

Bullock Russell RE Services License #01486410 Listed on: 09/07/2021

Bullock Russell RE Services

Last Buyer's Agent

Nesa Anderson

Keller Williams OC Coastal Realty License #01811224

Keller Williams OC Coastal Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 4,356 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Landscaped

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Panoramic

Home Design

  • Property Attached
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,707 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Window Screens
  • Laundry Room

Kitchen

  • Electric Oven
  • Gas Range
  • Range Hood

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Security

  • Security Lights
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 38 / 2
  • Tax Tract Number 820
  • Assessor Parcel Number 69238113
  • $30 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $2,115
  • Trash Expense $798
  • New Taxes Expense $16,207
  • Operating Expense $31,981
  • Gross Income $66,446
  • Net Operating Income $30,884

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Price Per Unit: 533330
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Security Lights, Smoke Detector(s)
  • View: Yes
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 69238113
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Beamed Ceilings
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 626.15
  • Window Features: Screens

Exterior Features

  • Foundation: Slab
  • View: Ocean, Panoramic
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Covered, Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Gas Range, Range Hood
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 798.48
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Multi Family

  • Gross Income: 66446.00
  • Gross Scheduled Income: 65796.00
  • Insurance Expense: 2115.00
  • Laundry Income: 650.00
  • Lot Size Area: 4356.0000 Square Feet
  • Net Operating Income: 30884.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 31981.00
  • Rent Control: Yes
  • Total Expenses: 31981.00

Tax Info

  • New Taxes Expense: 16207.00
  • Tax Block: 2
  • Tax Census Tract: 421.07
  • Tax Lot: 38
  • Tax Tract Number: 820
  • TaxOtherAnnualAssessmentAmount: 30.00

Range of Values:

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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 Change Sq Ft Price
10/19/2021 10/19/21 Sold $1,695,000 +5.9% $626 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $1,599,990 +95.1% $591 / Sq Ft
10/18/2013 10/18/13 Sold $820,000 -3.5% $303 / Sq Ft
08/20/2013 08/20/13 Pending -- -- --
07/28/2013 07/28/13 For Sale $849,900 -- $314 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21197140

California Regional Multiple Listing Service (CRMLS)

APN: 692-381-13