Seller's Agent in 2023
Doug Echelberger
Inhabit Collective
(949) 463-0400
44 in this area
367 Total Sales
205 W Escalones San Clemente, CA 92672
Central San Clemente Neighborhood
7
Beds
7
Baths
3,332
Sq Ft
3,920
Sq Ft Lot
Highlights
- Ocean View
- Spanish Architecture
- Hiking Trails
- Las Palmas Elementary School Rated A-
- No HOA
- 3-minute walk to Max Berg Park
About This Home
As of May 2023Welcome to a rare and unique investment opportunity in the heart of San Clemente! This beach-close multi-family residential building features four units and is a great opportunity for anyone looking to invest in Southern California real estate. The building is located in Central San Clemente, just steps away from the ocean, and offers stunning ocean views from the upper unit's deck. This is a fantastic location for tenants who want to live in a desirable coastal community with easy access to the beach, shops, and restaurants. The building boasts 3,332 square feet of living space on a lot of 3,920 square feet. The four units include three 2-bedroom, 1.5-bathroom units, and one studio. Each unit has been well-maintained and features functional layouts, making them perfect for tenants looking for comfortable and convenient living spaces. The upper unit's deck is an ideal spot for tenants to relax and soak up the sun while enjoying stunning ocean views. The property also includes a private outdoor space, which provides tenants with an opportunity to enjoy the beautiful Southern California weather. This multi-family residential building presents a great opportunity for investors looking to increase their rental property portfolio. With the current high demand for housing in San Clemente, this property is well-positioned to generate a steady income stream. Additionally, this investment offers the potential for long-term capital appreciation due to the property's prime location and the strong demand for real estate in San Clemente. In summary, this rare beach-close investment opportunity in Central San Clemente is a fantastic chance for anyone looking to invest in Southern California real estate. With its four units, ocean views, and desirable location, this multi-family residential building is an ideal investment for anyone looking to generate a steady income stream while enjoying long-term capital appreciation potential. Don't miss out on this unique investment opportunity!
Last Agent to Sell the Property
Inhabit Collective License #01176379 Listed on: 03/24/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1971
Lot Details
- 3,920 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
- Block Wall Fence
Parking
- 3 Car Direct Access Garage
- 3 Open Parking Spaces
- Parking Available
- Front Facing Garage
- Three Garage Doors
- Driveway Level
- Assigned Parking
Property Views
- Ocean
- Peek-A-Boo
- Hills
- Neighborhood
Home Design
- Triplex
- Spanish Architecture
- Flat Roof Shape
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 3,332 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Blinds
- Window Screens
- Sliding Doors
- Entryway
- Living Room
- Laundry Room
Kitchen
- Built-In Range
- Tile Countertops
- Disposal
Flooring
- Carpet
- Stone
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- Mirrored Closets Doors
- 7 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Rain Gutters
Utilities
- Forced Air Heating System
- Vented Exhaust Fan
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 45
- Tax Tract Number 793
- Assessor Parcel Number 69207324
Community Details
Overview
- No Home Owners Association
- 4 Units
- Foothills
Amenities
- Laundry Facilities
Recreation
- Hiking Trails
- Bike Trail
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,200
- Insurance Expense $3,500
- Trash Expense $700
- Water Sewer Expense $1,800
- New Taxes Expense $18,950
- Operating Expense $26,150
- Gross Income $114,000
- Net Operating Income $89,050
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/15/2023 05/15/23 | Sold | $1,950,000 | +2.9% | $585 / Sq Ft |
| 03/30/2023 03/30/23 | Pending | -- | -- | -- |
| 03/24/2023 03/24/23 | For Sale | $1,895,000 | -- | $569 / 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 | $20,150 | $2,028,780 | $1,838,649 | $190,131 |
| 2024 | $20,150 | $1,989,000 | $1,802,597 | $186,403 |
| 2023 | $1,414 | $136,853 | $27,071 | $109,782 |
| 2022 | $1,387 | $134,170 | $26,540 | $107,630 |
| 2021 | $1,360 | $131,540 | $26,020 | $105,520 |
| 2020 | $1,347 | $130,192 | $25,753 | $104,439 |
| 2019 | $1,321 | $127,640 | $25,248 | $102,392 |
| 2018 | $1,296 | $125,138 | $24,753 | $100,385 |
| 2017 | $1,270 | $122,685 | $24,268 | $98,417 |
| 2016 | $1,246 | $120,280 | $23,792 | $96,488 |
| 2015 | $1,227 | $118,474 | $23,435 | $95,039 |
| 2014 | $1,202 | $116,154 | $22,976 | $93,178 |
Source: Public Records
Agents Affiliated with this Home
-
Doug Echelberger
-
Jordan Bennett
Buyer's Agent in 2023
Jordan Bennett
Regency Real Estate Brokers
(949) 485-6677
5 in this area
307 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23045685
APN: 692-073-24
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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