NOT LISTED FOR SALE
6 Beds
4 Baths
3,421 Sq Ft
6,098 Sq Ft Lot

Last Sold November 19, 2020

Last sale price $1,205,000 $352 Per Sq Ft

81 Days on Market

Highlights

  • Ocean View
  • Ocean Side of Highway 1
  • Cathedral Ceiling
  • Concordia Elementary School Rated A
  • Property is near a park
  • 5-minute walk to Calafia State Park

About This Home

As of November 2020

Incredible investment opportunity only two blocks to San Clemente State Beach and one block to Concordia Elementary School! Excellent location in popular Southwest San Clemente and an ideal condo conversion candidate! This duplex is a great opportunity for an owner-user to live in one of the units and rent out the other or buy as a cash flow property! One unit is 4bdr/2ba and has ocean views! The kitchen has been updated in this unit and it boasts vaulted ceilings, a spacious ocean view balcony, forced AC and heat, wood flooring and a two-car garage with laundry. Sparkling ocean views can be seen from the master bedroom, living room and from the enclosed balcony. The second unit is 2bdr/1.5ba. This unit has its own two car garage with laundry hookups, an updated kitchen and bathrooms, fireplace in the living room, forced air heating, an enclosed front courtyard, side yard and backyard. Very rare for each unit to have it's own 2 car garage and 2 parking spots in the driveway! Excellent building, location and opportunity! Walk to San Clemente State Beach and Park and hop on the San Clemente Beach trail which leads to the Pier and past multiple surf breaks!

Last Agent to Sell the Property

Jeremy Conrad

Conrad Realtors Inc License #01279209 Listed on: 05/04/2020

Co-Listed By

Bill Conrad

Conrad Realtors Inc License #01461548

Last Buyer's Agent

Thomas ODonnell

Luxre Realty, Inc. License #00770183

Luxre Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 6,098 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 3,421 Sq Ft Home
  • 2-Story Property
  • Brick Wall or Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Living Room with Attached Deck
  • Ocean Views
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Ocean Side of Highway 1
  • Property is near a park

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 960
  • Assessor Parcel Number 06012227

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,400
  • Water Sewer Expense $1,800
  • New Taxes Expense $12,750
  • Operating Expense $16,785
  • Gross Income $67,140
  • Net Operating Income $50,355

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • CapRate: 4.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1800.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 06012227
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Interior Amenities: Brick Walls, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Living Room Deck Attached
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Door Features: Sliding Doors
  • Levels: Two
  • Price Per Square Foot: 352.24

Exterior Features

  • View: Ocean
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Garage
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Gross Income: 67140.00
  • Gross Scheduled Income: 67140.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 50355.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 16785.00
  • Operating Expense Percent: 25.00
  • Other Expense Description: Est Exp.
  • Rent Control: No
  • Total Expenses: 16785.00
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • New Taxes Expense: 12750.00
  • Tax Census Tract: 421.14
  • Tax Lot: 20
  • Tax Tract Number: 960

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
11/19/2020 11/19/20 Sold $1,205,000 -3.5% $352 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/15/2020 07/15/20 Price Changed $1,249,000 -2.0% $365 / Sq Ft
05/04/2020 05/04/20 For Sale $1,275,000 -- $373 / 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: OC20079679

California Regional Multiple Listing Service (CRMLS)

APN: 060-122-27