Seller's Agent in 2024
Dan Yeilding
CENTURY 21 Affiliated
(949) 370-0382
8 in this area
33 Total Sales
224 Avenida Cabrillo San Clemente, CA 92672
Central San Clemente Neighborhood
1
Bed
1
Bath
1,883
Sq Ft
3,920
Sq Ft Lot
Highlights
- Golf Course Community
- No Units Above
- Laundry Room
- Las Palmas Elementary School Rated A-
About This Home
As of October 2024Discover a unique investment opportunity in the heart of charming downtown San Clemente with this immaculate single-level triplex, which perfectly blends coastal charm and modern upgrades. Comprising three 1-bedroom, 1-bathroom beach cottages, this property offers a seamless blend of relaxation and convenience. Each unit boasts inviting front and rear patios, providing private outdoor spaces for tenants or owners to enjoy the refreshing sea breeze.
Over the years, the building has undergone significant improvements. Initially, the concrete and retaining wall on the east side were replaced, and new drains were installed. This was followed by the replacement of concrete on the west side, with new drains and planters added. The kitchen and bathrooms have been upgraded in all units. Additionally, the original cast iron waste lines were removed and replaced with modern ABS waste lines.
The building's electrical system was upgraded with a new panel, and washer and dryer hookups were added to the garages. New vinyl flooring was installed in Apartments B and C. A major rebuild of the front of the building included new garage floors, walls, doors, openers, a deck, an enclosed patio, a roof, and vinyl windows for Apartment A. The attics of all units were insulated, additional attic vents were installed, and both the interior and exterior of Apartment A and the front of the building were repainted. Most recently, Apartment B received new windows, a new roof, and fresh interior and exterior paint, further enhancing the building's overall appeal and functionality. These extensive renovations ensure peace of mind and low maintenance for years to come.
Unit A features an expansive view deck, a perfect spot to unwind while taking in the panoramic vistas and the vibrant life of downtown San Clemente. Just a short stroll away, you’ll find the bustling Avenida Del Mar, brimming with delightful shopping and dining options, and the iconic San Clemente Pier, where the sun meets the surf.
Whether you’re looking to expand your investment portfolio or searching for a perfect vacation home with additional rental income, this triplex offers unparalleled flexibility. Live in one unit and rent out the others, or lease all three for a steady revenue stream in a sought-after location.
Don’t miss out on this rare opportunity to own a piece of California’s beautiful coastline.
Last Agent to Sell the Property
CENTURY 21 Affiliated Brokerage Phone: 949-370-3385 License #00559105 Listed on: 05/25/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1951
Lot Details
- 3,920 Sq Ft Lot
- No Units Above
- No Units Located Below
- Two or More Common Walls
- Density is 11-15 Units/Acre
Parking
- 3 Open Parking Spaces
- 3 Car Garage
Home Design
- Triplex
- Entry on the 2nd floor
Interior Spaces
- 1,883 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 39 / 15
- Tax Tract Number 779
- Assessor Parcel Number 05812339
- $32 per year additional tax assessments
Community Details
Overview
- 3 Units
Recreation
- Golf Course Community
- Water Sports
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,000
- Trash Expense $648
- Water Sewer Expense $1,200
- Operating Expense $3,848
- Gross Income $56,700
- Net Operating Income $45,360
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/25/2024 10/25/24 | Sold | $1,850,000 | -2.4% | $982 / Sq Ft |
| 07/17/2024 07/17/24 | Price Changed | $1,895,000 | -2.8% | $1,006 / Sq Ft |
| 05/25/2024 05/25/24 | For Sale | $1,950,000 | -- | $1,036 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $2,952 | $1,850,000 | $1,759,837 | $90,163 |
| 2024 | $2,952 | $288,660 | $232,283 | $56,377 |
| 2023 | $2,889 | $283,000 | $227,728 | $55,272 |
| 2022 | $2,835 | $277,451 | $223,262 | $54,189 |
| 2021 | $2,780 | $272,011 | $218,884 | $53,127 |
| 2020 | $2,752 | $269,222 | $216,639 | $52,583 |
| 2019 | $2,699 | $263,944 | $212,392 | $51,552 |
| 2018 | $2,647 | $258,769 | $208,227 | $50,542 |
| 2017 | $2,595 | $253,696 | $204,145 | $49,551 |
| 2016 | $2,546 | $248,722 | $200,142 | $48,580 |
| 2015 | $2,507 | $244,986 | $197,135 | $47,851 |
| 2014 | $2,458 | $240,188 | $193,274 | $46,914 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Yeilding
-
Holly McKhann
Buyer's Agent in 2024
Holly McKhann
First Team Real Estate
(949) 295-7770
10 in this area
156 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24104462
APN: 058-123-39
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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