$1,280,525
SOLD NOV 24, 2020
5 Beds
4 Baths
3,148 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$407 Per Sq Ft

8% Below List Price

24 Days on Market

Highlights

  • Golf Course Community
  • No Units Above
  • Custom Home
  • Clarence Lobo Elementary School Rated A-
  • Primary Bedroom Suite
  • City Lights View

About This Home

As of November 2020

Refurbished in 2018. Unit A, 3 bedroom, 2 bath Owners unit. Fabulous Views from all bedrooms, and living room. Huge living rm and master with fireplaces . Large kitchen includes, new LG appliances , convection stove, dishwasher and microwave & Refrigerator. New master bathroom. Wood floors and newer carpet in bedrooms. Balconies off 2 bedrooms. Rent $2995.
Unit B, 2 bedroom Townhome. New large kitchen. New LG Appliances. Living room is like being in a treehouse. Luxury plank flooring throughout upstairs. 2 balconies, one wrap around. 2 Total Fireplaces. The Bedrooms are downstairs, as well as an extra large laundry rm . Master bedroom is ginormous, with a Large sitting area, patio, walk in closet and fireplace. Rent $2745.
Remodeled studio, new kitchen and bathroom, kitchen would need to be reinstalled.
The space and bathroom, are permitted , just not permitted as a 3rd unit, space could be added to 3 bedroom unit, for higher rent
Studio includes an over 200 sq ft fenced patio, adds to the living space. Interior space apx 200 sq ft, Last rented for $1600. ProForma 89,220
Walking distance to town and vibrant restaurants, (5 minute drive) Pier (8 minute drive), North Beach (5 minute drive), outlets (3 minute drive) Close to boys and girls club, tennis courts and lovely park. Located in a delightful residential neighborhood, west of the 5.
Upleg found. We believe the property was built as a triplex, and used as such, for many years. Property is permitted as a duplex.

Last Agent to Sell the Property

Mary Stansbury

Real Estate Of South Bay, Inc. License #00611139 Listed on: 09/18/2020

Co-Listed By

Charles Wilson

Real Estate Of South Bay, Inc. License #00829923

Last Buyer's Agent

Nicholette Blanchard

Luxre Realty, Inc. License #01754875

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 47x78
  • No Units Above
  • 1 Common Wall
  • Sprinklers on Timer
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Driveway
  • Assigned Parking

Property Views

  • City Lights
  • Woods
  • Hills

Home Design

  • Duplex
  • Custom Home
  • Cape Cod Architecture
  • Contemporary Architecture
  • Turnkey
  • Additions or Alterations
  • Slab Foundation
  • Fire Rated Drywall
  • Tar and Gravel Roof

Interior Spaces

  • 3,148 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Roller Shields
  • Blinds
  • Entryway
  • Living Room with Fireplace
  • Storage

Kitchen

  • Self-Cleaning Convection Oven
  • Gas and Electric Range
  • Free-Standing Range
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Stacked Washer and Dryer

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Utilities

  • Heating Available
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Legal Lot and Block 2 / 6
  • Tax Tract Number 795
  • Assessor Parcel Number 05716203

Community Details

Overview

  • 3 Units

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Electric Expense $564
  • Gardener Expense $720
  • Insurance Expense $1,132
  • Trash Expense $912
  • Water Sewer Expense $1,340
  • New Taxes Expense $15,400
  • Operating Expense $20,068
  • Gross Income $68,880
  • Net Operating Income $48,164

Property Details

Home Type

Multi-Family

Year Built

Built in 1978 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Inclusions: All appliances, no seller warranties. If all 3 units were rented , yearly income 89,220
  • Property Attached: Yes
  • Subdivision Name Other: Close to downtown
  • View: Yes
  • Water Sewer Expenses: 1340.00
  • Architectural Style: Cape Cod, Contemporary, Custom Built
  • Property Condition: Additions/Alterations, Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 05716203
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Granite Counters, Living Room Balcony, Open Floorplan, Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: 1 Common Wall, No One Above
  • Flooring: Carpet, Laminate, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 406.77
  • Room Type: Entry, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Master Suite, Walk-In Closet
  • Window Features: Blinds, Roller Shields

Exterior Features

  • Foundation: Slab
  • View: City Lights, Hills, Trees/Woods
  • Pool Private: No
  • Roof: Tar/Gravel
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access, Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Free-Standing Range, Disposal, Gas & Electric Range, Ice Maker, Refrigerator, Self Cleaning Oven, Water Heater, Self Cleaning Oven
  • Heating Type: Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, In Garage, Individual Room, Stackable
  • Sewer: Public Sewer
  • Trash Expense: 912.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Golf, Hiking, Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Sprinklers Timer
  • Lot Size: 47x78
  • Lot Size Sq Ft: 3485.00
  • Lot Size Acres: 0.0800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Average2 Bed Area: 1295 Square Feet
  • Average3 Bed Area: 1650 Square Feet
  • Average Studio Area: 203 Square Feet
  • Electric Expense: 564.00
  • Gross Income: 68880.00
  • Gross Scheduled Income: 68880.00
  • Insurance Expense: 1132.00
  • Lot Size Area: 3485.0000 Square Feet
  • Net Operating Income: 48164.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number With Dishwasher: 2
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 20716.00
  • Rent Control: No
  • Total Actual Rent: 68880.00
  • Total Expenses: 20068.00

Tax Info

  • New Taxes Expense: 15400.00
  • Tax Block: 6
  • Tax Census Tract: 421.07
  • Tax Lot: 2
  • Tax Tract Number: 795

Similar Homes in San Clemente, CA

  • 256 Avenida Madrid, San Clemente, CA 92672

    $1,550,000

    • 2 Beds
    • 2 Baths
    • 1,152 Sq Ft
    • 256 Avenida Madrid
    • San Clemente, CA

    Hidden away on one of south San Clemente’s hardly-traveled streets, this canyon-adjacent duplex offers amazing optionality and a lifestyle unmatched. Located right on the border where the central San Clemente zone meets prime Southwest (a premiere pocket on the south side of Avenida Del Mar), this beachy duplex is really rare to come by in such an exceptional location. About a 10-minute walk from

    Christian Wach Talavera Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2023 03/09/23 Rented $2,000 0.0% --
03/09/2023 03/09/23 Off Market $2,000 -- --
02/27/2023 02/27/23 For Rent $2,000 0.0% --
02/21/2023 02/21/23 Off Market $2,000 -- --
02/21/2023 02/21/23 For Rent $2,000 0.0% --
11/24/2020 11/24/20 Sold $1,280,525 -3.4% $407 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
10/06/2020 10/06/20 Price Changed $1,325,000 -0.3% $421 / Sq Ft
10/03/2020 10/03/20 Price Changed $1,329,500 -1.5% $422 / Sq Ft
09/28/2020 09/28/20 Price Changed $1,350,000 -1.8% $429 / Sq Ft
09/23/2020 09/23/20 Price Changed $1,375,000 -1.7% $437 / Sq Ft
09/18/2020 09/18/20 For Sale $1,399,000 +14.4% $444 / Sq Ft
09/07/2018 09/07/18 Sold $1,223,000 -5.9% $389 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
06/28/2018 06/28/18 Price Changed $1,299,000 -7.1% $413 / Sq Ft
06/04/2018 06/04/18 For Sale $1,399,000 -- $444 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20194547

California Regional Multiple Listing Service (CRMLS)

APN: 057-162-03