NOT LISTED FOR SALE
8 Beds
4 Baths
4,138 Sq Ft
5,960 Sq Ft Lot

Sale Details

Date Sold: May 3, 2013

Last sale price $985,000 $238 Per Sq Ft

40 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Front Yard
  • Las Palmas Elementary School Rated A-
  • Laundry Facilities
  • 5-minute walk to Max Berg Park

About This Home

As of May 2013

Just a few blocks from the Beach! This Fourplex is a townhome style. Great location near the San Clemente Pier. Nice Neighborhood, Close to school and shopping center. Many parkings along the street. All of the Units are 2 Bedroom, 1.5 Bath. Spiral stair case, enclosed patio. Totally Rennovated Freshly new inside-out paint. New Kitchen & Bathrooms. Coin Laundry is located end units. Separate Gas & Electric meter for each unit. Very good tenant. This is STANDARD SALE, Total ACTUAL Monthly Rent is $5,600.00 plus coin laundry around $70.00/mo. Landlord pay for Water, Trash, Gardener, gas for water heater with a total average of $230/mo., Tenant pay for their own Electric and Gas for inside unit.

Last Agent to Sell the Property

Diane Truong

Simple Life Inc License #01377876 Listed on: 03/07/2013

Last Buyer's Agent

Jeff Lawson

Keller Williams Realty License #01357726

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 5,960 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 4,138 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for ada upgrades, cable TV, electricity, gas, janitorial service, repairs
  • Assessor Parcel Number 05805117

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Gardener Expense $720
  • Trash Expense $360
  • Water Sewer Expense $240
  • Gross Income $5,600
  • Net Operating Income $64,920

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

5,960 Sq Ft Lot

Listing Details

  • CapRate: 5.90
  • Property Attached: Yes
  • Water Sewer Expenses: 240.00
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 05805117
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 238.04

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5960.00
  • Lot Size Acres: 0.1370

Rental Info

  • Tenant Pays: ADA Upgrades, Cable TV, Electricity, Gas, Janitorial Service, Repairs

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 5600.00
  • Gross Multiplier: 6.16
  • Gross Scheduled Income: 67200.00
  • Lot Size Area: 5960.0000 Square Feet
  • Net Operating Income: 64920.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 2880.00
  • Rent Control: No
  • Total Actual Rent: 5600.00

Tax Info

  • Tax Year: 2011

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,387,500
Outstanding Balance
$1,231,314
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,387,500
Outstanding Balance
$1,231,314
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,387,500
Outstanding Balance
$1,231,314
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2013
Closed on
Apr 4, 2013
Sold by
Bought by
Seller's Agent
Diane Truong
Simple Life Inc
Buyer's Agent
Jeff Lawson
Keller Williams Realty
List Price
$1,100,000
Sold Price
$985,000
Premium/Discount to List
-$115,000
-10.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$733,500
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
5.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 9, 2010
Sold by
Bought by

Purchase Details

Closed on
Nov 10, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 22, 2008
Sold by
Bought by

Purchase Details

Closed on
Sep 1, 2005
Sold by
Bought by

Purchase Details

Closed on
May 4, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
5.6%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 30, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$817,000
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- Chicago Title Company
$1,850,000 Chicago Title Company
$978,000 Title 365
-- Accommodation
$735,000 Lsi Title Agency
$657,000 Servicelink
$850,000 None Available
-- --
-- United Title Company
$1,150,000 United Title Company
-- Equity Title Company
$1,000,000 Equity Title Company
-- First American Title Co
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,387,500
Previous Owner $733,500
Previous Owner $441,000
Previous Owner $920,000
Previous Owner $650,000
Previous Owner $817,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/03/2013 05/03/13 Sold $985,000 -10.5% $238 / Sq Ft
04/16/2013 04/16/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $1,100,000 -- $266 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $19,505 $1,963,234 $1,804,053 $159,181
2024 $19,505 $1,924,740 $1,768,680 $156,060
2023 $19,092 $1,887,000 $1,734,000 $153,000
2022 $18,728 $1,850,000 $1,700,000 $150,000
2021 $11,280 $1,112,619 $960,843 $151,776
2020 $11,168 $1,101,211 $950,991 $150,220
2019 $10,949 $1,079,619 $932,344 $147,275
2018 $10,739 $1,058,450 $914,062 $144,388
2017 $10,529 $1,037,697 $896,140 $141,557
2016 $10,327 $1,017,350 $878,568 $138,782
2015 $10,171 $1,002,069 $865,371 $136,698
2014 $9,976 $982,440 $848,419 $134,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13039149

California Regional Multiple Listing Service (CRMLS)

APN: 058-051-17

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