NOT LISTED FOR SALE
8 Beds
4 Baths
4,081 Sq Ft
4,792 Sq Ft Lot

Last Sold August 23, 2019

Last sale price $1,680,000 $412 Per Sq Ft

Highlights

  • No HOA
  • Clarence Lobo Elementary School Rated A-
  • Laundry Room

About This Home

As of August 2019

Large 4-Unit in ideal location in Downtown San Clemente. Steps to Ave Del Mar shops and restaurants, and 1-2 minute walk to SC Pier and Beaches!! Large Upside in rents and long term return on investment. 4081 Square Foot building consist of Four - 2 Bedroom units. All have central heating, separately metered utilities, and community laundry. Each unit comes with large 1 car garage and extra driveway spaces for parking. Sold While Processing, input for sales comparable purposes.

Last Agent to Sell the Property

Jeremy Conrad

Conrad Realtors Inc License #01279209 Listed on: 08/16/2019

Co-Listed By

Bill Conrad

Conrad Realtors Inc License #01461548

Last Buyer's Agent

Jeremy Conrad

Conrad Realtors Inc License #01279209 Listed on: 08/16/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 4,792 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Interior Spaces

  • 4,081 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 52 / 18
  • Tax Tract Number 779
  • Assessor Parcel Number 05811369

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $250
  • Insurance Expense $1,500
  • Trash Expense $500
  • Water Sewer Expense $2,250
  • New Taxes Expense $16,800
  • Operating Expense $21,600
  • Gross Income $86,400
  • Net Operating Income $63,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Parking

4

Listing Details

  • CapRate: 3.90
  • Property Attached: No
  • Water Sewer Expenses: 2250.00
  • Property Type: Residential Income
  • Parcel Number: 05811369
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 411.66

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Multi Family

  • Electric Expense: 250.00
  • Gross Income: 86400.00
  • Gross Scheduled Income: 84600.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 4792.0000 Square Feet
  • Net Operating Income: 63000.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 21600.00
  • Rent Control: No
  • Total Expenses: 21600.00

Tax Info

  • New Taxes Expense: 16800.00
  • Tax Block: 18
  • Tax Census Tract: 421.08
  • Tax Lot: 52
  • 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
08/23/2019 08/23/19 Sold $1,680,000 0.0% $412 / Sq Ft
08/16/2019 08/16/19 For Sale $1,680,000 0.0% $412 / Sq Ft
08/12/2017 08/12/17 Rented $1,900 0.0% --
08/12/2017 08/12/17 Under Contract -- -- --
08/10/2017 08/10/17 For Rent $1,900 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19193509

California Regional Multiple Listing Service (CRMLS)

APN: 058-113-69