Seller's Agent in 2018
Janet Montandon
First Team Real Estate
(949) 291-4820
4 in this area
19 Total Sales
115 Avenida Miramar Unit MIRAMAR San Clemente, CA 92672
Central San Clemente NeighborhoodEstimated Value: $2,258,719
2
Beds
4
Baths
2,962
Sq Ft
$763/Sq Ft
Est. Value
Highlights
- Ocean Side of Highway 1
- City Lights View
- Spanish Architecture
- Las Palmas Elementary School Rated A-
- Dual Staircase
- No HOA
About This Home
As of March 2018Mixed-Use Building, close to downtown San Clemente is ready for your Investor. Ole Hanson style buildings were built in 2005. Just off El Camino Real and 3 short blocks to Downtown Avenida Del Mar, sits this 3-unit property. This property has the possibility of becoming a 4-unit mixed use building (with approval from the city). The front building has 3 levels and offers a one bedroom apartment with a full bath and updated kitchen, on the 3rd floor. It has 2 decks that offer peak ocean views. The 1st and 2nd level are now office spaces with each floor having their own half bath. The 2nd floor has two private offices and each has its own deck. The 1st level office space has room for 2-3 desks and besides the large half bath has a room with door for storage or a small private office. A few steps up from the hall is the attached 2 car garage now being used as a conference room. Washer and Dryer hookup are also in the garage. The back building has 4 carport spaces. On the 2nd floor sits a one bedroom, one full bath apartment. Walk-in closet and a full deck that can be accessed from both the living room and bedroom.
All offices spaces and apartments have window or wall A/C. The large paver driveway has room for guest parking.
The City of San Clemente have recently rezoned this property, in 2016, to be 3.1 (Residential/Commercial) which gives the owner more options. Please contact the city to confirm all zoning ordinances.
Last Agent to Sell the Property
First Team Real Estate License #01397515 Listed on: 01/18/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,079
Year Built
- Built in 2005 | Remodeled
Lot Details
- 4,147 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Parking
- 2 Car Direct Access Garage
- 4 Carport Spaces
- Parking Available
- Driveway
- Off-Street Parking
- Assigned Parking
Property Views
- City Lights
- Peek-A-Boo
Home Design
- Spanish Architecture
- Property Attached
- Turnkey
- Spanish Tile Roof
Interior Spaces
- 2,962 Sq Ft Home
- 3-Story Property
- Dual Staircase
- Ceiling Fan
Kitchen
- Gas Cooktop
- Microwave
- Dishwasher
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 2 Bedrooms
- All Upper Level Bedrooms
- Walk-In Closet
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Washer and Gas Dryer Hookup
Outdoor Features
- Ocean Side of Highway 1
- Balcony
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Tax Lot 9
- Tax Tract Number 779
- Assessor Parcel Number 05807228
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- 3 Leased Units
- 4 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,200
- Gardener Expense $1,920
- Insurance Expense $2,640
- Other Expense $15,600
- Trash Expense $248
- Water Sewer Expense $1,800
- New Taxes Expense $15,600
- Operating Expense $23,408
- Gross Income $7,025
- Net Operating Income $62,340
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 9, 2020
Sold by
Rodin Joyce A
Bought by
Mackinnon Scott and Mackinnon Sandra D
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Outstanding Balance
$908,104
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$1,350,615
Purchase Details
Listed on
Jan 18, 2017
Closed on
Jan 9, 2018
Sold by
Mirmar Group Re Inc
Bought by
Rodin Joyce A
Seller's Agent
Janet Montandon
First Team Real Estate
Buyer's Agent
Janet Montandon
First Team Real Estate
List Price
$1,350,000
Sold Price
$1,250,000
Premium/Discount to List
-$100,000
-7.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Purchase Details
Closed on
Jul 1, 2004
Sold by
The New Miramar Partners Llc
Bought by
Miramar Group Re Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5.58%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 17, 2004
Sold by
The Miramar Consortium Llc
Bought by
The New Miramar Partners Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
5.39%
Mortgage Type
Construction
Purchase Details
Closed on
May 5, 1999
Sold by
Morteza Aghavali
Bought by
The Miramar Consortium Llc
Purchase Details
Closed on
Apr 10, 1997
Sold by
Bloeser John I and Bloeser Gerald M
Bought by
Aghavali Morteza
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mackinnon Scott | $2,055,000 | Western Resources Title | |
| Rodin Joyce A | $1,250,000 | Chicago Title | |
| Miramar Group Re Inc | -- | Chicago Title | |
| Miramar Group Re Inc | $1,350,000 | Chicago Title | |
| The New Miramar Partners Llc | $395,000 | Chicago Title | |
| The Miramar Consortium Llc | $65,000 | Old Republic Title Company | |
| Aghavali Morteza | $40,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mackinnon Scott | $1,020,000 | |
| Previous Owner | Miramar Group Re Inc | $675,000 | |
| Previous Owner | Miramar Group Re Inc | $540,000 | |
| Previous Owner | The New Miramar Partners Llc | $665,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/06/2018 03/06/18 | Sold | $1,250,000 | -7.4% | $422 / Sq Ft |
| 01/04/2018 01/04/18 | Pending | -- | -- | -- |
| 01/18/2017 01/18/17 | For Sale | $1,350,000 | -- | $456 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $22,079 | $2,224,397 | $1,731,892 | $492,505 |
| 2024 | $22,079 | $2,180,782 | $1,697,933 | $482,849 |
| 2023 | $21,611 | $2,138,022 | $1,664,640 | $473,382 |
| 2022 | $21,200 | $2,096,100 | $1,632,000 | $464,100 |
| 2021 | $13,301 | $1,313,973 | $788,384 | $525,589 |
| 2020 | $13,169 | $1,300,500 | $780,300 | $520,200 |
| 2019 | $12,910 | $1,275,000 | $765,000 | $510,000 |
| 2018 | $16,418 | $1,621,409 | $1,142,654 | $478,755 |
| 2017 | $16,099 | $1,589,617 | $1,120,249 | $469,368 |
| 2016 | $15,790 | $1,558,449 | $1,098,284 | $460,165 |
| 2015 | $15,553 | $1,535,040 | $1,081,787 | $453,253 |
| 2014 | $15,257 | $1,504,971 | $1,060,596 | $444,375 |
Source: Public Records
Agents Affiliated with this Home
-
Janet Montandon
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC17007605
APN: 058-072-28
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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