NOT LISTED FOR SALE
3 Beds
2 Baths
1,378 Sq Ft
3,920 Sq Ft Lot

Last Sold February 21, 2024

Last sale price $1,400,000 $1,016 Per Sq Ft

85 Days on Market

Highlights

  • Ocean View
  • Art Studio
  • Open Floorplan
  • Las Palmas Elementary School Rated A-
  • Ocean Side of Highway 1
  • Midcentury Modern Architecture

About This Home

As of February 2024

Time to sell the house in the burbs, and downsize to a cool little duplex down by the beach? This one is a perfect option for you if you'd like to walk to all the restaurants, bars, and shopping in downtown San Clemente. You're just 2 blocks from Avenida Del Mar, and a brief stroll down to the pier, or maybe you'd rather start your sunset walk heading down the hill to Linda Lane. You can even see the ocean from the oversized front patio attached to the front 1 bedroom apartment. The floor plan of the 1 bedroom is perfect, with it's wide open great room layout opening onto the aforementioned sweet patio. Each unit has it's own indoor laundry! Behind the driveway gate is the private 2 bedroom unit with a large parking area which could be used double duty as an outdoor living space. Presently the two car garage is presenting as 1 garage door facing front, and then in the second garage door space is a set of french doors. The interior of the 2 bedroom also benefits from a practical open concept living space with good natural light coming in from three sides. The back yard area could make a great little private yard, but currently houses a free standing building that is being used as an office/studio. (not included in square footage or a permanent structure) Both the 1 and 2 bedroom homes would be comfortable, and you can have the other unit help pay the bills. Being all single level, there is room vertically for future expansion on this ample sized lot in the heart of San Clemente. Trade in the minivan for a golf cart and an e-bike and you'll be styling in no time.

Last Agent to Sell the Property

Mike Bojorquez

Keller Williams OC Coastal Realty License #01273181 Listed on: 10/29/2023

Keller Williams OC Coastal Realty

Last Buyer's Agent

Ryan Schramm

Ryan Schramm Real Estate License #01851291

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 3,920 Sq Ft Lot
  • No Common Walls
  • Southeast Facing Home
  • Wood Fence
  • Private Yard
  • Back and Front Yard

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage
  • Converted Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Duplex
  • Midcentury Modern Architecture
  • Cottage
  • Bungalow
  • Additions or Alterations
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,378 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Panel Doors
  • Living Room
  • Art Studio
  • Gas Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Ocean Side of Highway 1
  • Exterior Lighting
  • Outbuilding
  • Rain Gutters

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Central Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 12 / 15
  • Tax Tract Number 779
  • Assessor Parcel Number 05812316
  • $27 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Water Sports

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $3,000
  • Trash Expense $600
  • Operating Expense $14,000
  • Gross Income $50,400
  • Net Operating Income $36,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1951 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 725000
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Duplex
  • View: Yes
  • Architectural Style: Bungalow, Cottage, Mid Century Modern
  • Property Condition: Additions/Alterations, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 05812316
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Open Floorplan
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Door Features: Panel Doors, Sliding Doors
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 1015.97
  • Room Type: All Bedrooms Down, Art Studio, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Direction Faces: Southeast
  • Foundation: Slab
  • Other Structures: Outbuilding
  • Exterior Features: Lighting
  • View: Ocean, Peek-A-Boo
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Converted Garage, Driveway, Concrete
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Water Heater Central
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Watersports, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Near Public Transit, Walkstreet, Yard
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Rental Info

  • Tenant Pays: None

Multi Family

  • Average1 Bed Area: 638 Square Feet
  • Average2 Bed Area: 740 Square Feet
  • Gross Income: 50400.00
  • Gross Operating Income: 50400.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 3920.0000 Square Feet
  • Net Operating Income: 36400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 14000.00
  • Rent Control: No
  • Total Actual Rent: 4200.00
  • Total Expenses: 14000.00
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 15
  • Tax Census Tract: 421.08
  • Tax Lot: 12
  • 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
02/21/2024 02/21/24 Sold $1,400,000 -3.4% $1,016 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
01/01/2024 01/01/24 Price Changed $1,450,000 -4.9% $1,052 / Sq Ft
10/29/2023 10/29/23 For Sale $1,525,000 -- $1,107 / 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: OC23201300

California Regional Multiple Listing Service (CRMLS)

APN: 058-123-16