NOT LISTED FOR SALE
7 Beds
5 Baths
3,263 Sq Ft
3,920 Sq Ft Lot

Last Sold October 30, 2019

Last sale price $1,190,000 $365 Per Sq Ft

70 Days on Market

Highlights

  • Laundry Room
  • Las Palmas Elementary School Rated A-
  • Level Lot

About This Home

As of October 2019

Value-add investment property in core downtown San Clemente location. This Tri-plex currently has below market rents in place with a strong unit mix (3/2, 2/1.5, 2/1), all tenants currently on month to month leases. Ocean view from the front balcony, walking distance to downtown amenities and the beaches. This is a strong investment opportunity poised to be re-positioned.

Last Agent to Sell the Property

Dan Yeilding

CENTURY 21 Affiliated License #01384625 Listed on: 06/13/2019

CENTURY 21 Affiliated

Co-Listed By

Dan Yeilding

CENTURY 21 Affiliated License #00559105

Last Buyer's Agent

Randy Marshall

CENTURY 21 Affiliated License #01302726

CENTURY 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 3,920 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,263 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 779
  • Assessor Parcel Number 05812122

Community Details

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $540
  • Insurance Expense $1,570
  • Trash Expense $752
  • Water Sewer Expense $1,665
  • New Taxes Expense $13,750
  • Operating Expense $18,277
  • Gross Income $60,022
  • Net Operating Income $41,423

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1665.00
  • Property Type: Residential Income
  • Gardener Expense: 540.00
  • Parcel Number: 05812122
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 364.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 752.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Multi Family

  • Gross Income: 60022.00
  • Gross Scheduled Income: 59700.00
  • Insurance Expense: 1570.00
  • Laundry Income: 322.00
  • Lot Size Area: 3920.0000 Square Feet
  • Net Operating Income: 41423.00
  • 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: 18277.00
  • Rent Control: No
  • Total Expenses: 18277.00

Tax Info

  • New Taxes Expense: 13750.00
  • Tax Census Tract: 421.08
  • Tax Lot: 23
  • Tax Tract Number: 779

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
10/30/2019 10/30/19 Sold $1,190,000 -4.8% $365 / Sq Ft
08/22/2019 08/22/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $1,250,000 -- $383 / 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
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19138844

California Regional Multiple Listing Service (CRMLS)

APN: 058-121-22