NOT LISTED FOR SALE
6 Beds
6 Baths
2,810 Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: June 9, 2014

Last sale price $1,277,500 $455 Per Sq Ft

72 Days on Market

Highlights

  • Ocean View
  • Ocean Side of Highway 1
  • Main Floor Bedroom
  • Concordia Elementary School Rated A
  • Wood Flooring
  • 1-minute walk to Calafia State Park

About This Home

As of June 2014

Steps to the Sand, with panoramic ocean views!!! Rare opportunity to own a gorgeous apartment building steps to the bluff!! Newer built in 1989, very well appointed building and layout. Located in the popular beach area of Southwest San Clemente, just steps away from Calafia State Beach! Incredible ocean views from both of the 2 bedroom, 2 bath units with attached private decks off of each bedroom. Units have spacious kitchens that open up to living room. Triplex building w/ added studio and consists of: Two-2 BD/2Bath units, 1BD/1Bath, and One studio unit located on the lower level. Spacious rear yard with private coastal setting and outdoor shower. Tons of recent upgrades!! Newer wood laminate flooring, new Milgard windows and sliders, newer paint, new decking/stairs, all new stucco exterior, new fixtures. This building also has 4 attached garages for each unit, along with driveway parking and carport. Community laundry located at ground level. Ideal for vacation home, vacation rentals, investors or owner-users.

Last Agent to Sell the Property

Jeremy Conrad

Conrad Realtors Inc License #01279209 Listed on: 02/18/2014

Co-Listed By

Bill Conrad

Conrad Realtors Inc License #01461548

Last Buyer's Agent

Glenn Ashworth

Roger Glenn Ashworth, Broker License #01325434

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 9,148 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • 1 Attached Carport Space
  • Parking Available
  • Shared Driveway

Property Views

  • Ocean
  • Bluff
  • Hills
  • Neighborhood

Home Design

  • Spanish Architecture
  • Property Attached
  • Spanish Tile Roof
  • Tar and Gravel Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,810 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Double Pane Windows
  • Sliding Doors
  • Panel Doors
  • Living Room
  • Living Room Balcony

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Corian Countertops
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Outdoor Features

  • Ocean Side of Highway 1

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 1314
  • Assessor Parcel Number 06013343

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $900
  • Insurance Expense $1,800
  • Trash Expense $1,800
  • Water Sewer Expense $2,100
  • New Taxes Expense $13,390
  • Gross Income $78,840
  • Net Operating Income $58,840

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

9,148 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 4.40
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 2100.00
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 06013343
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceramic Counters, Corian Counters, Crown Molding, Granite Counters, Living Room Balcony
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Stone, Vinyl, Wood
  • Appliances: Yes
  • Door Features: Panel Doors, Sliding Doors
  • Levels: Three Or More
  • Price Per Square Foot: 454.63
  • Room Type: Living Room, Main Floor Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • View: Bluff, Hills, Neighborhood, Ocean
  • Pool Private: No
  • Roof: Spanish Tile, Tar/Gravel
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Attached Carport, Garage, Shared Driveway
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Individual Room
  • Sewer: Sewer Paid
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Multi Family

  • Electric Expense: 900.00
  • Gross Income: 78840.00
  • Gross Multiplier: 17.00
  • Gross Scheduled Income: 78840.00
  • Insurance Expense: 1800.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 9148.0000 Square Feet
  • Net Operating Income: 58840.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 20000.00
  • Rent Control: No
  • Total Actual Rent: 6570.00
  • Waterfront Features: Ocean Side Of Highway 1, Ocean Side of Freeway

Tax Info

  • New Taxes Expense: 13390.00
  • Tax Lot: 3
  • Tax Tract Number: 1314
  • Tax Year: 2013

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2014
Closed on
May 12, 2014
Sold by
Neill Cynthia Marie O
Bought by
Seller's Agent
Jeremy Conrad
Conrad Realtors Inc
Buyer's Agent
Glenn Ashworth
Roger Glenn Ashworth, Broker
List Price
$1,399,000
Sold Price
$1,277,500
Premium/Discount to List
-$121,500
-8.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,000
Interest Rate
4.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 2011
Sold by
Oneill Cynthia Marie
Bought by
Oneill Cynthia Marie and Hagstrom/Oneill Family Trust

Purchase Details

Closed on
Jan 8, 2010
Sold by
Hagstrom James Phillip
Bought by
Oneill Cynthia Marie

Purchase Details

Closed on
Jan 5, 2010
Sold by
Christie Clint Robert and Sanchez Gloria Angelina
Bought by
Oneil Cynthia

Purchase Details

Closed on
Nov 6, 2005
Sold by
Gowdy Mark J and Gowdy Lynn A
Bought by
Christie Clint Robert and Sanchez Gloria Angelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,800
Interest Rate
6.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 16, 1998
Sold by
Jack Friedman
Bought by
Gowdy Mark J and Gowdy Lynn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,750
Interest Rate
7.37%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,246,000 Ticor Title
Oneill Cynthia Marie -- None Available
Oneill Cynthia Marie -- Fidelity National Title
Oneil Cynthia $925,000 Fidelity National Title
Christie Clint Robert $1,484,000 Commonwealth Land Title
Gowdy Mark J $415,000 Southland Title Corporation
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,054,000
Closed Ashworth Roger Glenn $645,300
Closed Ashworth Family Trust $626,000
Previous Owner Christie Clint Robert $296,800
Previous Owner Christie Clint Robert $964,600
Previous Owner Gowdy Mark J $500,000
Previous Owner Gowdy Mark J $110,000
Previous Owner Gowdy Mark J $68,000
Previous Owner Gowdy Mark J $355,335
Previous Owner Gowdy Mark J $352,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/09/2014 06/09/14 Sold $1,277,500 -8.7% $455 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $1,399,000 -- $498 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $15,453 $1,557,421 $1,239,831 $317,590
2025 $15,196 $1,526,884 $1,215,521 $311,363
2024 $15,196 $1,496,946 $1,191,688 $305,258
2023 $14,874 $1,467,595 $1,168,322 $299,273
2022 $14,591 $1,438,819 $1,145,414 $293,405
2021 $14,308 $1,410,607 $1,122,955 $287,652
2020 $14,166 $1,396,143 $1,111,440 $284,703
2019 $13,888 $1,368,768 $1,089,647 $279,121
2018 $13,621 $1,341,930 $1,068,281 $273,649
2017 $13,354 $1,315,618 $1,047,334 $268,284
2016 $13,098 $1,289,822 $1,026,798 $263,024
2015 $12,900 $1,270,448 $1,011,374 $259,074
2014 $9,901 $974,018 $719,997 $254,021
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14033776

California Regional Multiple Listing Service (CRMLS)

APN: 060-133-43

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