NOT LISTED FOR SALE

Estimated Value: $1,694,392

2 Beds
1 Bath
1,688 Sq Ft
$1,004/Sq Ft Est. Value

Sale Details

Date Sold: November 16, 2020

Last sale price $900,000 $533 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $10,274 / mo

18 Days on Market

Highlights

  • Laundry Room
  • Back Yard
  • 1-Story Property
  • Clarence Lobo Elementary School Rated A-

About This Home

As of November 2020

THIS IS A CENTRAL DOWNTOWN LOCATION 2 STREETS SOUTH OF AVENIDA DEL MAR ,THE CORE RESTAURANT ENTERTAINMENT STREET OF SAN CLEMENTE AND 2 BLOCKS EAST OF THE PIER AND BEACHES! GOOD SIZED BUILDING, BOTH UNITS ARE 2 BEDROOM APARTMENTS. THE APARTMENTS ARE IN ORIGINAL CONDITION ,UPGRADING IS NEEDED.THIS IS IN THE SHORT TERM LODGING AREA, GREAT OPPORTUNITY FOR INCOME OR OWNER USER GETAWAY WITH AN RENTAL UNIT FOR INCOME.

Last Agent to Sell the Property

Dan Yeilding

CENTURY 21 Affiliated License #00559105 Listed on: 08/21/2020

CENTURY 21 Affiliated

Co-Listed By

Dan Yeilding

CENTURY 21 Affiliated License #01384625

CENTURY 21 Affiliated

Last Buyer's Agent

Dan Yeilding

CENTURY 21 Affiliated License #01384625

CENTURY 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 3,920 Sq Ft Lot
  • No Common Walls
  • Back Yard
  • Land Lease

Home Design

  • Duplex

Interior Spaces

  • 1,688 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Listing and Financial Details

  • Legal Lot and Block 32 / 7
  • Tax Tract Number 779
  • Assessor Parcel Number 05808332

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Trash Expense $300
  • New Taxes Expense $9,500
  • Operating Expense $10,700
  • Gross Income $25,596
  • Net Operating Income $16,096

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 05808332
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 533.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Multi Family

  • Gross Income: 25596.00
  • Gross Scheduled Income: 25596.00
  • Insurance Expense: 900.00
  • Lot Size Area: 3920.0000 Square Feet
  • Net Operating Income: 16096.00
  • 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: 10700.00
  • Rent Control: No
  • Total Expenses: 10700.00

Tax Info

  • New Taxes Expense: 9500.00
  • Tax Block: 7
  • Tax Census Tract: 421.08
  • Tax Lot: 32
  • Tax Tract Number: 779

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2021
Sold by
L3 Investor Group Llc
Bought by
Kaupp Michael W and Kaupp Susan
Current Estimated Value
$1,694,392

Purchase Details

Listed on
Aug 21, 2020
Closed on
Nov 18, 2020
Sold by
Pearson Donald L and Lekas Nicholas D
Bought by
L3 Investors Group Llc
Seller's Agent
Dan Yeilding
CENTURY 21 Affiliated
Buyer's Agent
Dan Yeilding
CENTURY 21 Affiliated
List Price
$949,000
Sold Price
$900,000
Premium/Discount to List
-$49,000
-5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.41%

Purchase Details

Listed on
Aug 21, 2020
Closed on
Nov 3, 2020
Sold by
Pearson Carrie N
Bought by
Pearson Donald L
Seller's Agent
Dan Yeilding
CENTURY 21 Affiliated
Buyer's Agent
Dan Yeilding
CENTURY 21 Affiliated
List Price
$949,000
Sold Price
$900,000
Premium/Discount to List
-$49,000
-5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 21, 2020
Closed on
Sep 18, 2020
Sold by
Cope Stephan Calvin and Cope Gregory Calvin
Bought by
Pearson Donald L and Lekas Nicholas D
Seller's Agent
Dan Yeilding
CENTURY 21 Affiliated
Buyer's Agent
Dan Yeilding
CENTURY 21 Affiliated
List Price
$949,000
Sold Price
$900,000
Premium/Discount to List
-$49,000
-5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2008
Sold by
Cope Harry C
Bought by
Cope Md Harry C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Kaupp Michael W $1,400,000 Stewart Title Of Ca Inc
L3 Investors Group Llc -- None Available
Pearson Donald L -- Stewart Title Company
Lekas Nicholas D -- Stewart Title Company
Pearson Donald L $900,000 Stewart Title Of Ca Inc
Cope Md Harry C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pearson Donald L $630,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2020 11/16/20 Sold $900,000 -5.2% $533 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $949,000 -- $562 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $14,753 $1,485,691 $1,424,142 $61,549
2024 $14,753 $1,456,560 $1,396,217 $60,343
2023 $14,441 $1,428,000 $1,368,840 $59,160
2022 $14,166 $1,400,000 $1,342,000 $58,000
2021 $9,117 $900,000 $840,000 $60,000
2020 $1,001 $96,971 $23,514 $73,457
2019 $981 $95,070 $23,053 $72,017
2018 $963 $93,206 $22,601 $70,605
2017 $944 $91,379 $22,158 $69,221
2016 $926 $89,588 $21,724 $67,864
2015 $912 $88,243 $21,398 $66,845
2014 $895 $86,515 $20,979 $65,536
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20168917

California Regional Multiple Listing Service (CRMLS)

APN: 058-083-32

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