NOT LISTED FOR SALE
2 Beds
1 Bath
2,249 Sq Ft
4,356 Sq Ft Lot

Last Sold September 12, 2013

Last sale price $915,000 $407 Per Sq Ft

88 Days on Market

Highlights

  • Balcony
  • Tandem Parking
  • Storage
  • Las Palmas Elementary School Rated A-
  • Laundry Room
  • 5-minute walk to Max Berg Park

About This Home

As of September 2013

Attention Investor’s great opportunity to get 3 units for the price of one beach cottage. Located in the heart of San Clemente’s emerging North Beach Neighborhood. Only 352 steps to the beach entrance & Coastal Trail. 11 lots from the ocean, very close to the North Beach retail area and the Historic Ole Hanson Beach Club. Only 10 streets/blocks from Down Town San Clemente AKA Del Mar Street. Location X 3 = smart investment. Map this property difficult to find even a condo in the 200 blocks for under a million much less a house or multi unit building.

3 (2) bedroom (1) bathroom units. All three units have living rooms plus nice size kitchens. 3 separate garages, plus tandem parking behind each. Nice views from the large deck that sits over the garages. On Clear days there are peak a boo ocean views.

Last Agent to Sell the Property

Charles Maretzky

Summit Lending & Realty License #01495410 Listed on: 06/15/2013

Co-Listed By

Gerald Lawrence

California Coastal Properties License #01388560

Last Buyer's Agent

Gerald Lawrence

California Coastal Properties License #01388560

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 4,356 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Tandem Parking

Home Design

  • Property Attached
  • Interior Block Wall
  • Copper Plumbing

Interior Spaces

  • 2,249 Sq Ft Home
  • Ceiling Fan
  • Storage
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Balcony
  • Rain Gutters

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 820
  • Assessor Parcel Number 69211222

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Foothills

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $5,000
  • Net Operating Income $4,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 69211222
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Block Walls, Ceiling Fan(s), Copper Plumbing Full, Pantry, Storage, Tandem
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 406.85

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gutters, Foothills

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Multi Family

  • Gross Income: 5000.00
  • Gross Scheduled Income: 60000.00
  • Lot Size Area: 4356.0000 Square Feet
  • Net Operating Income: 4500.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 500.00
  • Rent Control: No

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 820
  • Tax Year: 2012

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
09/12/2013 09/12/13 Sold $915,000 -8.1% $407 / Sq Ft
09/11/2013 09/11/13 Pending -- -- --
06/15/2013 06/15/13 For Sale $995,500 -- $443 / 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: OC13117219

California Regional Multiple Listing Service (CRMLS)

APN: 692-112-22