$1,820,000
SOLD MAR 12, 2025
6 Beds
3 Baths
2,457 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$741 Per Sq Ft

1% Above List Price

13 Days on Market

About This Home

As of March 2025

Well located 3 unit multifamily investment property in the coastal community of San Clemente near downtown shops, restaurants, and within close proximity to the beach. All (3) units are 2 Bed/1 Bath with washer/dryer hookups and individual water heaters. Lightly renovated with new vinyl windows and wall heaters. Each tenant also has a garage space and a driveway parking space with ample street parking in the area. The ground floor apartment (Unit A) has a large private patio and is currently vacant. The spacious storage building at the rear of the property may have potential to be converted into an ADU.

Last Agent to Sell the Property

Sean Riley

CB Richard Ellis, Inc. License #01920511 Listed on: 01/10/2025

Last Buyer's Agent

Thomas Georgino

THOMAS GEORGINO REAL ESTATE License #00626026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 42x100

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage
  • Driveway
  • On-Street Parking

Interior Spaces

  • 2,457 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Washer

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units
  • Rent Control

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 692-113-24

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2457
  • Lot Acreage: 0.1000
  • Lot Dimensions: 42x100
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Common Walls: Attached
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Electric Dryer Hookup, Range/Oven, Dishwasher, Washer
  • Price Per S Q F T: 732.60

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 3
  • Parking Garage: Garage - 1 Car, On street, Driveway
  • Total Parking: 6

Utilities

  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 30.95
  • Assessed Improvement Value: 128526
  • Assessed Land Percent: 69.05
  • Assessed Land Value: 286784
  • Total Assessed Value: 415310
  • Assessor Parcel Number: 692-113-24
  • Lot Size Area: 4356

Rental Info

  • Owner Pays: Water
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 18.63
  • Number Of Units: 3
  • Rent Control: 100
  • Type Of Units: Apartments
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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 List to Sale Price per Sq Ft
03/12/2025 03/12/25 Sold $1,820,000 +1.1% $741 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $1,800,000 -- $733 / Sq Ft
Source: The MLS

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 $4,233 $423,616 $292,520 $131,096
2024 $4,233 $415,310 $286,784 $128,526
2023 $4,143 $407,167 $281,161 $126,006
2022 $4,065 $399,184 $275,648 $123,536
2021 $3,986 $391,357 $270,243 $121,114
2020 $3,947 $387,345 $267,472 $119,873
2019 $3,869 $379,750 $262,227 $117,523
2018 $3,795 $372,304 $257,085 $115,219
2017 $3,721 $365,004 $252,044 $112,960
2016 $3,650 $357,848 $247,102 $110,746
2015 $3,595 $352,473 $243,390 $109,083
2014 $3,525 $345,569 $238,622 $106,947
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25-481617

The MLS

APN: 692-113-24