NOT LISTED FOR SALE
6 Beds
4 Baths
2,909 Sq Ft
3,920 Sq Ft Lot

Last Sold January 11, 2024

Last sale price $1,915,000 $658 Per Sq Ft

7 Days on Market

Highlights

  • Ocean View
  • Ocean Side of Highway 1
  • Fireplace in Primary Bedroom
  • Las Palmas Elementary School Rated A-
  • Open Floorplan
  • Property is near a park

About This Home

As of January 2024

Incredible investment opportunity in the heart of San Clemente within walking distance to the beach, the San Clemente Beach Trail, and popular Avenida Del Mar! Two units each consisting of 3 bedrooms and 2 bathrooms. Each unit has individual laundry hookups inside, one garage space, one carport space and one driveway space for parking. Updated PEX plumbing throughout and some newer windows. Unit A is the top unit of the duplex and updates include Brazilian laminate wood flooring, Caesarstone countertops in kitchen and on the large island, granite countertop in primary bath, tile flooring in both bathrooms, and stainless-steel appliances in kitchen. Additional highlights include a peak-a-boo ocean view from the large balcony, a spacious and bright open floorplan and fireplaces in the primary bedroom and living room. Unit B is the lower unit and is updated with vinyl plank flooring, Caesarstone countertops, a newer bathtub and tile. This unit is also very light and bright with double sliding doors to a private balcony and fireplaces in both the primary bedroom and living room. A spectacular location and investment! The beach, Avenida Del Mar, beach trail, Linda Lane Park, Las Palmas Elementary, restaurants and shopping are all nearby!

Last Agent to Sell the Property

Jeremy Conrad

Conrad Realtors Inc License #01279209 Listed on: 09/27/2023

Last Buyer's Agent

Jeremy Conrad

Conrad Realtors Inc License #01279209 Listed on: 09/27/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 3,920 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Attached Carport
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Peek-A-Boo
  • Neighborhood

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 2,909 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Sliding Doors
  • Great Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Stone Countertops
  • Laundry Room

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Bathrooms

Outdoor Features

  • Ocean Side of Highway 1
  • Living Room Balcony

Location

  • Property is near a park

Listing and Financial Details

  • Tenant pays for electricity, gas, taxes
  • Legal Lot and Block 11 / 13
  • Tax Tract Number 779
  • Assessor Parcel Number 05812105
  • $27 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,000
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $19,000
  • Operating Expense $23,800
  • Gross Income $93,600
  • Net Operating Income $69,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1989 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 949500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 05812105
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Stone Counters
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Vinyl
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: Two
  • Price Per Square Foot: 658.30
  • Room Type: Great Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom

Exterior Features

  • View: Neighborhood, Ocean, Peek-A-Boo, Water
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport, Driveway, Concrete, Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

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

Rental Info

  • Tenant Pays: Electricity, Gas, Taxes

Multi Family

  • Gross Income: 93600.00
  • Gross Scheduled Income: 93600.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 3920.0000 Square Feet
  • Net Operating Income: 69800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 23800.00
  • Rent Control: No
  • Total Expenses: 23800.00
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • New Taxes Expense: 19000.00
  • Tax Block: 13
  • Tax Census Tract: 421.08
  • Tax Lot: 11
  • Tax Tract Number: 779
  • TaxOtherAnnualAssessmentAmount: 27.00

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
01/11/2024 01/11/24 Sold $1,915,000 +0.8% $658 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $1,899,000 +156.8% $653 / Sq Ft
11/15/2012 11/15/12 Sold $739,500 0.0% $195 / Sq Ft
10/26/2012 10/26/12 Pending -- -- --
10/26/2012 10/26/12 For Sale $739,500 -- $195 / 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: OC23179931

California Regional Multiple Listing Service (CRMLS)

APN: 058-121-05