NOT LISTED FOR SALE
7 Beds
4 Baths
3,344 Sq Ft
1970 Built

Last Sold March 15, 2018

Last sale price $1,332,500 $398 Per Sq Ft

15 Days on Market

Highlights

  • Laundry Room
  • Tile Flooring
  • Landscaped
  • Clarence Lobo Elementary School Rated A-
  • Garden
  • Central Heating

About This Home

As of March 2018

Excellent Investor Opportunity!! This triplex is on the ocean side of PCH in the heart of San Clemente, within walking distance to the beach as well as many restaurants and stores and easy access to the 5 freeway. Featuring large units, including one rare 3 bedroom 2bath unit on the first level and two, two bedroom units on the second level which consist of one 2 bed /1.5 bath and one 2 bed/ 1 bath. second floor units have spacious balcony in the front. Each unit includes a large one car garage plus an additional parking space in front of the garage. Exterior was repainted approximately 2 years ago. Interiors are mostly original which provides an option to remodel and increase rental rates. There is an laundry room convenient for the tenants use. each unit has separate gas and electric meter.This building shares a common garden area with 208 Avenida Victoria, which is also for sale.

Last Agent to Sell the Property

Goly Kohanteb

First Team Real Estate License #00953901 Listed on: 11/28/2017

First Team Real Estate

Co-Listed By

Janice Wiviott

First Team Real Estate License #01038279

Last Buyer's Agent

Christian Wach

Talavera Real Estate License #01922260

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 4,515 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Garden
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • 3,344 Sq Ft Home
  • Triplex
  • Flat Roof Shape
  • Tile Roof
  • Mixed Roof Materials

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Utilities

  • Central Heating
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 779
  • Assessor Parcel Number 05811335

Community Details

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $720
  • Fuel Expense $696
  • Insurance Expense $2,365
  • Trash Expense $720
  • Water Sewer Expense $1,600
  • New Taxes Expense $13,000
  • Operating Expense $12,935
  • Gross Income $59,040
  • Net Operating Income $46,105

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Parking

3

Listing Details

  • Other Phone Number: 949-4661903
  • Property Attached: Yes
  • Water Sewer Expenses: 1600.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 05811335
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Price Per Square Foot: 398.47

Exterior Features

  • Pool Private: No
  • Roof: Flat, Mixed, Tile

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Landscaped
  • Lot Size Sq Ft: 4515.00

Multi Family

  • Electric Expense: 720.00
  • Fuel Expense: 696.00
  • Gross Income: 59040.00
  • Gross Scheduled Income: 59040.00
  • Insurance Expense: 2365.00
  • Laundry Income: 240.00
  • Net Operating Income: 46105.00
  • 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: 12935.00
  • Rent Control: No
  • Total Expenses: 12935.00

Tax Info

  • New Taxes Expense: 13000.00
  • Tax Lot: 41
  • Tax Tract Number: 779

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
03/15/2018 03/15/18 Sold $1,332,500 +2.5% $398 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
11/28/2017 11/28/17 For Sale $1,300,000 -- $389 / 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: OC17265314

California Regional Multiple Listing Service (CRMLS)