NOT LISTED FOR SALE
6 Beds
3 Baths
2,516 Sq Ft
4,450 Sq Ft Lot

Last Sold June 04, 2013

Last sale price $1,085,000 $431 Per Sq Ft

132 Days on Market

Highlights

  • Ocean View
  • Open Floorplan
  • Laundry Room
  • Concordia Elementary School Rated A
  • Balcony
  • 2-minute walk to Calafia State Park

About This Home

As of June 2013

Wonderfully located triplex! Rare opportunity to own a triplex in this area. Panoramic ocean views from 2nd level. All are 2bdr/1ba units. Upstairs consists of 2 of the units. Large ocean view decks from each unit. Deck and stairway completely rebuilt in 2010. Short walk to state park and beach; good school district, too. Desirable Southwest San Clemente location. Property has been upgraded, travertine flooring through each unit, new windows/doors, exterior paint, remodeled bathrooms. Triplex is in excellent condition. 3 1 car garages. Trophy triplex. These are the acutal rents stated, it is the approximate market rents. One of the units is used as a 2nd home for the owner, which is the down stairs unit. This unit has been completely remodeled, kitchen, bathrooms, countertops, flooring, and cabinets.

Last Agent to Sell the Property

Jeremy Conrad

Conrad Realtors Inc License #01279209 Listed on: 12/19/2012

Last Buyer's Agent

Larry Milliken

CENTURY 21 Affiliated License #01439065

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 4,450 Sq Ft Lot
  • Lot Dimensions are 50x89

Parking

  • 6 Parking Spaces

Home Design

  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,516 Sq Ft Home
  • Open Floorplan
  • Stone Flooring
  • Ocean Views
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • Balcony
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 102
  • Tax Tract Number 961
  • Assessor Parcel Number 06013302

Community Details

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Insurance Expense $1,800
  • Trash Expense $780
  • Water Sewer Expense $1,200
  • New Taxes Expense $12,000
  • Gross Income $5,200
  • Net Operating Income $47,250

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 3.58
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 06013302
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Balcony, Open Floorplan
  • Flooring: Stone
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 431.24

Exterior Features

  • View: Ocean, Water
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Trash Expense: 780.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 50x89
  • Lot Size Sq Ft: 4450.00
  • Lot Size Acres: 0.1020

Multi Family

  • Electric Expense: 360.00
  • Gross Income: 5200.00
  • Gross Multiplier: 20.20
  • Gross Scheduled Income: 63000.00
  • Insurance Expense: 1800.00
  • Net Operating Income: 47250.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 15750.00

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Area: 10000
  • Tax Lot: 102
  • Tax Tract Number: 961

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
06/04/2013 06/04/13 Sold $1,085,000 -9.6% $431 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
12/19/2012 12/19/12 For Sale $1,200,000 -- $477 / 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: S720900

California Regional Multiple Listing Service (CRMLS)

APN: 060-133-02