NOT LISTED FOR SALE
4 Beds
2 Baths
1,440 Sq Ft
4,356 Sq Ft Lot Lot

Sale Details

Date Sold: November 22, 2022

Last sale price $1,700,000 $1,181 Per Sq Ft

Highlights

  • Laundry Room
  • Forced Air Heating System
  • Rectangular Lot
  • Clarence Lobo Elementary School Rated A-
  • 2 Car Garage

About This Home

As of November 2022

Incredible investment opportunity in an excellent location within walking distance to the beach, the San Clemente Pier and popular Del Mar with all its eclectic shops and restaurants! Both units of this duplex are 2 bedrooms, 1 bathroom. Ocean views from the 2nd story. Large backyard. Two car detached garage. Located in the short term vacation rental zone!

Last Agent to Sell the Property

Jeremy Conrad

Conrad Realtors Inc License #01279209 Listed on: 10/11/2022

Last Buyer's Agent

Jeremy Conrad

Conrad Realtors Inc License #01279209 Listed on: 10/11/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 4,356 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Legal Lot and Block 45 / 17
  • Tax Tract Number 779
  • Assessor Parcel Number 05811245
  • $26 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,000
  • Insurance Expense $1,500
  • Trash Expense $1,500
  • Water Sewer Expense $1,200
  • New Taxes Expense $17,000
  • Operating Expense $22,200
  • Gross Income $75,600
  • Net Operating Income $53,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

4,356 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: COMM
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1000.00
  • Parcel Number: 05811245
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 1180.56

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1500.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Multi Family

  • Gross Income: 75600.00
  • Gross Scheduled Income: 75600.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 4356.0000 Square Feet
  • Net Operating Income: 53400.00
  • 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: 22200.00
  • Rent Control: No
  • Total Expenses: 22200.00

Tax Info

  • New Taxes Expense: 17000.00
  • Tax Block: 17
  • Tax Census Tract: 421.08
  • Tax Lot: 45
  • Tax Tract Number: 779
  • TaxOtherAnnualAssessmentAmount: 26.00
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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 List to Sale Price per Sq Ft
11/22/2022 11/22/22 Sold $1,700,000 0.0% $1,181 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $1,700,000 -- $1,181 / 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 $17,566 $1,768,680 $1,708,434 $60,246
2024 $17,566 $1,734,000 $1,674,935 $59,065
2023 $17,194 $1,700,000 $1,642,093 $57,907
2022 $7,129 $702,864 $643,343 $59,521
2021 $6,991 $689,083 $630,729 $58,354
2020 $6,922 $682,018 $624,262 $57,756
2019 $6,786 $668,646 $612,022 $56,624
2018 $6,656 $655,536 $600,022 $55,514
2017 $6,526 $642,683 $588,257 $54,426
2016 $6,401 $630,082 $576,723 $53,359
2015 $6,305 $620,618 $568,060 $52,558
2014 $6,184 $608,461 $556,932 $51,529
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22215332

California Regional Multiple Listing Service (CRMLS)

APN: 058-112-45

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