$1,395,000

Estimated payment $8,827/month

Total Views 1,192
3 Beds
3 Baths
1,200 Sq Ft
$1,162 Price per Sq Ft

Highlights

  • No Units Above
  • Ocean Side of Highway 1
  • Double Pane Windows
  • Las Palmas Elementary School Rated A-
  • Property is near a park
  • No Interior Steps

About This Home

Prime Downtown San Clemente location, just 2 blocks from Avenida Del Mar!!! West side of highway, close to surfing, Linda Lane Park, San Clemente Pier, Downtown shops and restaurants!! Pride of ownership building, with great tenants. Newer roof, paint, wall furnaces, newer windows, new water heater (2025). Professionally landscaped exterior. Each unit gets private parking. Newly installed privacy walls and fencing, to take advantage of CA outdoor living! Spacious kitchens and bathrooms, ideal beach property for 2nd home or rental investment. Professionally managed building. Hurry on this one!!

Listing Agent

Bill Conrad

Conrad Realtors Inc Brokerage Phone: 949-285-5797 License #01461548 Listed on: 09/06/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 3,920 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Rectangular Lot

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Free-Standing Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Wall Furnace
  • Standard Electricity

Additional Features

  • No Interior Steps
  • Ocean Side of Highway 1
  • Property is near a park

Listing and Financial Details

  • Legal Lot and Block 28 / 2
  • Tax Tract Number 779
  • Assessor Parcel Number 05807130
  • $32 per year additional tax assessments

Community Details

Overview

  • 3 Units

Recreation

  • Bike Trail

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,500
  • Gardener Expense $1,200
  • Insurance Expense $1,800
  • Trash Expense $450
  • Water Sewer Expense $1,750
  • New Taxes Expense $14,000
  • Operating Expense $20,700
  • Gross Income $79,380
  • Net Operating Income $58,680

Property Details

Home Type

Multi-Family

Year Built

Built in 1953 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 4.20
  • Price Per Unit: 465000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1750.00
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 05807130
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 1162.50
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Uncovered
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Free-Standing Range
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 450.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Park Nearby
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Multi Family

  • Electric Expense: 1500.00
  • Gross Income: 79380.00
  • Gross Scheduled Income: 79380.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 3920.0000 Square Feet
  • Net Operating Income: 58680.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 20700.00
  • Operating Expense Percent: 26.00
  • Other Income Description: 60 Days- rents increased 6%
  • Rent Control: No
  • Total Expenses: 20700.00
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • New Taxes Expense: 14000.00
  • Tax Block: 2
  • Tax Census Tract: 421.08
  • Tax Lot: 28
  • Tax Tract Number: 779
  • TaxOtherAnnualAssessmentAmount: 32.00

Map

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
09/06/2025 09/06/25 For Sale $1,395,000 +36.1% $1,163 / Sq Ft
06/30/2021 06/30/21 Sold $1,025,000 -2.4% $854 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
05/01/2021 05/01/21 For Sale $1,050,000 +2.4% $875 / Sq Ft
04/28/2021 04/28/21 Off Market $1,025,000 -- --
04/19/2021 04/19/21 Price Changed $1,050,000 -4.5% $875 / Sq Ft
03/31/2021 03/31/21 For Sale $1,099,000 +120.2% $916 / Sq Ft
11/26/2012 11/26/12 Sold $499,000 0.0% $416 / Sq Ft
11/19/2012 11/19/12 Pending -- -- --
10/01/2012 10/01/12 For Sale $499,000 -- $416 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25200438

California Regional Multiple Listing Service (CRMLS)

APN: 058-071-30